It's a type of permanent life insurance plan that guarantees your approval for coverage.
This type of insurance policy usually provides a small amount of life insurance, up to around $25,000 or less.
A death benefit is paid out upon the death of the insured person.
The proceeds may be used to pay for the final expenses of the insured person.
The applicant for coverage will not have to take any medical examination, or answer any questions about his or her health.
Learn more about buying a guaranteed acceptance final expense insurance policy.