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Expert Q&A

Can someone please explain to me what guaranteed issue life insurance is, in layman's terms?


Related Topics: Life and Disability Insurance
Related Tags: Life Insurance
Dante T. Thompson
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By Dante T. Thompson - The Benefit Center
Answered 8 months ago

Most guaranteed issue life insurance policies are issued with no medical questions or doctors Exam. Also, preexisting conditions are not considered. Most insurance companies offering Guaranteed Issue life policies only require basic information (i.e. name, address, date of birth, Social Security number, beneficiary, gender, etc.)

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