What Is Guaranteed Issue Life Insurance With No Health Questions?
You must assume there is a catch. How can life insurance companies issue policies without requiring a
medical exam or asking any health questions? Well, in general, they will use a waiting period instead of health underwriting.
This means that the applicant will get a policy issued, but they must survive the waiting period before their beneficiaries will
be able to collect the entire death benefit. These waiting periods differ but they may be for 2 or 3 years.
If the insured person does not survive the waiting period, the policy may refund premiums or pay a portion death benefit. Again,
this varies by policy and insurer so it is important to understand your policy before you purchase it. Visit here for more information on
simplified vs. guaranteed life insurance.
Always Compare Rates Before You Purchase Insurance.
Before you buy the first policy you see advertised, take a few minutes to compare prices! Find
No Questions Life Insurance!
