Affordable Life Insurance Protection for Your Family

Who Offers Guaranteed Life Insurance?

If you are considering the purchase of a guaranteed issue life insurance policy, you may be wondering which insurance companies offer this type of insurance plan.


There are several life insurers that offer policies with guaranteed approval.


However, there are some things you should be aware of before selecting your insurer and plan.


First, consider your budget, how much you can afford to spend on your life insurance each month, and how much insurance you need to meet your goals.


Also, when comparing insurance carriers and policies consider the following:

  • Maximum Amount of Life Insurance Available
  • Age Requirement for Approval
  • Financial Strength Rating of the Insurer


Note: Guaranteed acceptance life insurance policies usually come with a Graded Benefit, which means you will not have 100% full death benefit coverage until you have been insured for at least 2 years. That is how they can guarantee your acceptance for life insurance coverage.


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


Get a Free Quote for Guaranteed Issue Life Insurance


Common Reasons to Buy Guaranteed Life Insurance


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

  • Age
  • Health Issues
  • Obesity
  • High Risk Occupation
  • High Risk Hobbies
  • Smokers
  • 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.


Guaranteed Life Insurance Companies


Here is a list of some of the leading life insurance carriers that offer guaranteed approval life insurance policies:


United of Omaha

  • Up to $25,000 of coverage age 45-85 in most states
  • No Physical Exam and No Health Questions Asked
  • Guaranteed Acceptance
  • 60 day money-back guarantee.
  • Two year limited benefit period


Met Life

  • Rates as low as $10 per month.
  • Guaranteed Issue for ages 45-75.
  • Up to $20,000 of coverage available.
  • No medical examination required.
  • Two year limited benefit period.


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


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 life 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 a 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


Types of Guarantee Life Insurance Plans:


  1. Graded Benefit Life Insurance
  2. 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 Companies


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.


Guaranteed Life Insurance for Ages 50 to 85

Who Offers Guaranteed Life Insurance?


Disclosure: Compensated Affiliate