What Is Guaranteed Acceptance Life Insurance?

guaranteed life insurance policy

What Is Guaranteed Acceptance Life Insurance?

by GuestPoster on October 20, 2010

A guaranteed life insurance policy is for almost anyone. Since its creation, this type of policy has been providing comfort and security to those who would otherwise find it difficult to insure their lives with a generic life insurance policy.

While most life insurance policies require a certain amount of fitness, health and medical checks guaranteed acceptance life insurance policies don’t require the same checks. In fact it’s an ideal option for those that may have been declined a life insurance policy elsewhere.

The biggest downside to a guaranteed policy is the maximum amount of coverage you are likely to insurance for. Because their target clients tend to be ill or elderly people its likely that the maximum coverage possible could be around $20,000 $50,000. For those with... http://insurance-auto.ucoz.com/news/guaranteed_life_insurance_policy/2013-07-01-4258