Affordable Life Insurance Protection for Your Family
Is There Life Insurance with Guaranteed Approval for People Under Age 50?
Yes. In fact, people ages 45 up to 85 may purchase a guaranteed acceptance life insurance policy.
Although, not all life insurance companies offer "Guaranteed Issue" policies. And, not all cover those under fifty years of age.
What is Guaranteed Issue Life Insurance?
It’s a type of permanent life insurance plan that guarantees your acceptance for coverage.
That means, even if you have been turned down by other insurers when applying for a life insurance policy in the past, you can still get insured.
As long as you meet the age requirement for acceptance, live in a state where the insurer is licensed to do business, and offers the plan, you can get covered.
With Guaranteed life insurance there is no physical examination required, and you won’t have to answer any questions about your health.
What are The Age Requirements for Approval?
The age limitations for guaranteed approval will vary by insurance carrier.
Some insurers offer guaranteed plans for people 45-75, 40-80, or even 45-85 years of age.
How Much Guaranteed Approval Insurance Can I Buy?
This will vary by insurer. However, most insurers that offer guaranteed issue policies will offer up to a maximum amount of $20,000 to $25,000 of coverage.
NOTE: If you need more life insurance protection, you may purchase a Guaranteed Acceptance policy from more than one insurance company.
Can I Buy a Policy for My Spouse?
Yes, if you are married, you may purchase life insurance on your spouse.
How Much Does it Cost?
The price you pay for your policy will vary by insurer. Since guaranteed plans guarantee your approval for coverage, regardless of your health, they will cost more than life insurance plans that require full underwriting and a medical exam. Request Your Free Quote.
Can I Cancel My Policy if I Change My Mind?
Yes. You may cancel your insurance policy at any time. You can contact the insurance carrier and let them know you wish to cancel your policy, or you may choose to just stop paying your premiums and your coverage will lapse, and then be canceled after a period of time.
Can The Insurer Cancel My Coverage If I Get Sick?
No. Once you are Insured, the insurer cannot cancel your coverage due to a change in your health. However, you can choose to cancel your coverage if you choose to do so.
Guaranteed Issue Life Insurance Quotes
Top Pick – United of Omaha
United of Omaha offers guaranteed acceptance whole life insurance for people age 45 to 85. Choose $3,000 up to $25,000 of coverage. Rates start as low as $8.80 per month. There’s no medical exam and no health questions. You cannot be turned down. You can get a quote and apply online now. START HERE to get a FREE Quote.