It's a type of permanent life insurance plan providing lifetime protection with no health exam required and no medical questions asked.
Your approval for a policy is guaranteed if you meet the age requirement for acceptance. Some plans offer guaranteed approval for people age 45-75, 40-80, or even 45 to 85 years old.
usually, these plans offer up to $20,000 of life insurance, buy one carrier offers up to $25,000 of guaranteed life insurance.
Some of the leading providers of guaranteed issue life insurance policies include United of Omaha, AIG, Colonial Penn, Met Life and AAA, among others.
Here's how to buy acceptance guaranteed life insurance.