","vendor":"vp"}, {"disclosureMessage":" \u003Cp\u003EAdvertiser Disclosure: Some of the offers that appear on this website are from companies which ValuePenguin receives compensation. You might be thinking about getting life insurance on yourself. Types of life insurance: Term vs Permanent. Guaranteed acceptance life insurance, also called guaranteed issue or GI life insurance, is typically a whole life insurance policy with a limited death benefit. Not sure how much you need? Maxime has contributed insurance insights and analysis to Forbes, USA Today, The Hill, and many other publications. Some companies issue your policy as fast as the same day with no waiting period. April 08, 2020. As long as you pay your premiums, your coverage cannot … This is why, while guaranteed issue life insurance is convenient, we only recommend it if you’re unable to qualify for other forms of life insurance. Guaranteed life insurance. If diagnosed with a serious health condition, such as cancer, you will be high-risk for many years to come. Call us at 1-866-816-2100 to speak to a friendly licensed True Blue agent. It is important to mention that while your policy can be active the same day, there will be a graded benefit period. We make shopping for life insurance as simple as possible. Guaranteed Acceptance Life Insurance (Top Graded Benefit Policies) Chelsie Ball. Your acceptance – regardless of your health – is guaranteed. It’s a type of life insurance that’s generally available for individuals between ages 50 and 85. She made the experience of shopping for insurance manageable and not pressured or stressful. Great Western guaranteed acceptance life insurance age 40-50 is great for those individuals between these ages and for those wanting higher coverages up to $40,000. Select the policy you like and submit an application. These companies aren’t necessarily bad, but we’d recommend starting your search for guaranteed acceptance insurance elsewhere. Finally, Great Western’s guaranteed acceptance life insurance also includes two additional benefits: Guaranteed acceptance policies do not take long to go in effect, typically less than 48 hours. In addition, the limited amount of coverage you can purchase means that guaranteed insurance will typically only cover end-of-life expenses. You can shop online, or we can assist you in finding the best policy, from the best company, based on your situation. For example, the typical max coverage for a guaranteed issue plan is $25,000, with some exceptions going up to $40,000. Even if you have a debilitating health condition, you can get an insurance policy with a guaranteed acceptance plan. No life insurance type is perfect for everyone. It can be challenging to find the best guaranteed acceptance life insurance for your needs, so we’ve assessed the top 9 carriers based upon quotes and coverage. If you are between 40 and 85 years of Age, you are automatically accepted for this type of Life insurance. This compensation may impact how and where offers appear on this site (including, for example, the order in which they appear). This is primarily because there are no medical exams or health questions involved. Read the reviews of people that used True Blue for their insurance needs. Guaranteed whole life insurance is a permanent life insurance policy that provides up to $50,000 of coverage till you die. As a result, the underwriting process is simple and fast. Guaranteed Life Insurance coverage ranges between a minimum of $1,000 in coverage to a maximum of $40,000. I would recommend to anyone looking to buy insurance. Guaranteed Acceptance Whole Life is a whole life policy except you cannot be turned down for your health. Colonial Penn’s Guaranteed Acceptance Life Insurance offers you easy and affordable coverage. It offers a higher coverage amount than guaranteed issue policies, up to $100,000. We’ll explain all subjects of guaranteed issue life insurance. A life insurance company can have stellar performance when it comes to term life insurance. Instead, they will receive your paid premiums + 10%. The majority of carriers who sell guaranteed acceptance life insurance policies limit applicants to those between the ages of 50 and 80. Quotes are entirely based upon your age, location and gender. We make buying life insurance easy. It’s typically best for seniors or those who can’t qualify for a traditional life insurance policy. Guaranteed Acceptance Life Insurance for UK residents aged 18-85 No medical questions or intrusive reports from your Doctor Up to £40,000 Life Cover with no medical questions for the over 50’s Up to £10,000 funeral Life Insurance and up to £200,000 Accidental Death coverage for over 18’s With a traditional life insurance policy, you’ll wait weeks to get life insurance, or even month. These plans are sometimes called guaranteed acceptance plans, too. Feeling lost? Guaranteed issue life insurance, or guaranteed acceptance life insurance, is a type of whole life insurance policy that does not require you to answer health questions, undergo a … When you pass, your family will receive a cash benefit to use toward mortgage payments or funeral expenses. Guaranteed acceptance life insurance is typically for individuals between 40 and 85 years old. You also can’t be turned down for health reasons. 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