Guaranteed issue life insurance is a type of permanent life insurance policy that guarantees your approval for coverage if you meet the age requirement for acceptance.
For example, some insurers offer guaranteed life insurance for people ages 45 to 85 years old.
Whereas, non-guaranteed life insurance policies may or may not accept you for coverage, based on your health, age, and other risk factors taken into consideration when underwriting your application for life insurance.
Learn more about guaranteed or non-guaranteed life insurance coverage.
For example, some insurers offer guaranteed life insurance for people ages 45 to 85 years old.
Whereas, non-guaranteed life insurance policies may or may not accept you for coverage, based on your health, age, and other risk factors taken into consideration when underwriting your application for life insurance.
Learn more about guaranteed or non-guaranteed life insurance coverage.
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