Guaranteed Issue Life Insurance Companies

Guaranteed issue life insurance companies and plans offer you the option of buying life insurance coverage even if you may have been declined before, or are finding it difficult to qualify for a life insurance policy.

There are many reasons people choose to buy a guaranteed life insurance plan, among the more common reasons are:

Age, Health Issues, Obesity, High Risk Occupation, High Risk Hobbies, Smokers, or having been Declined for Life Insurance.

The above-mentioned factors may place you in a High Risk category for life insurance. This means life insurance carriers may deny you coverage, charge you a higher rate, and/or limit the amount of the life insurance available to you. That’s why you may find yourself in need of guaranteed coverage for life insurance.


Top Guaranteed Issue Life Insurance Companies


Globe Life Insurance

  • Ages 18 to 78
  • Up to $30,000 of life insurance
  • Just a few short health questions


    Colonial Penn

  • Exclusively for ages 50 - 85 (most states)
  • You cannot be turned down because of your health
  • There are no health questions asked and no physicals to take
  • two year limited benefit period


    Mutual of Omaha

  • Up to $25,000 of coverage age 45-85 in most states
  • No physical exam or health questions to answer
  • Two year limited benefit period


    AARP/NewYork Life

  • Up to $15,000 permanent group life insurance
  • Exclusively for AARP members
  • No medical exam and no health questions
  • Two year limited benefit period


    In some cases, people who would be turned down for a life insurance policy are those who have medical issues. These people do have an option because there are life insurance companies that will write a guaranteed issue life insurance policy for them. These lifer insurance policies do not require that applicants take a medical examination. Anyone in any situation can apply for this type of life insurance coverage, and they are guaranteed to receive a policy.

    The guaranteed issue life insurance policy is good option for people looking for life insurance who have been in the following situations:

    • They have had a heart attack recently
    • They have received a diagnosis of a serious medical condition
    • They have been denied for coverage by other life insurance companies
    • Their medical conditions are serious but not terminal
    • They are obese or a heavy smoker


    The Two Main Types of Guarantee Life Insurance Plans:

    • Graded Benefit Life Insurance
    • Accidental Death Insurance


    Graded Death Benefit Life Insurance is a type of life insurance policy that provides a limited amount of life insurance to begin with, and over time the amount of life insurance coverage will increase, either gradually before leveling off, or sharply before it becomes level.

    For instance, a graded benefit life insurance plan that is guaranteed issued, may provide no coverage the first two years you own the policy, other than a return of premiums you have paid plus interest, but once you have been insured by the policy for two years, you will have full coverage.

    Accidental Death Insurance is another form of guaranteed issue policy that provides instant protection from day one you are insured. There is no medical exam required and no health questions to answer when you apply for your policy. And, you may buy up to $1,000,000 of life insurance protection online. However, the death benefit is only paid out if you die as a result of an accident. Rates for this coverage are much lower than for regular life insurance or graded benefit life insurance plans.


    Guaranteed Life Insurance Quotes


    Globe Life insurance – Apply online for up to $30,000 of life insurance in about 5 minutes. There’s just a few short health questions for you to answer. 30 day money-back guarantee. Start Your Free Quote


    Mutual of Omaha – Buy up to $1,000,000 of accidental death life insurance with no medical exam and no medical questions. 60 day money-back guarantee (30 days in New York). Start your Free Quote.



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