What is Guaranteed Acceptance Life Insurance?

You can't be turned down for guaranteed issue life insurance unless you live in a hospital or long-term care facility. It is life insurance with no medical exam. It is actually intended for people whose health issues stop them from obtaining ordinary life insurance coverage.

It entails no underwriting, so the process of acquiring coverage could be completed in less than fifteen minutes. (For ordinary life insurance, the application approach generally requires 4-6 weeks.)

It entails no medical examination, so you in no way need to get in touch with any human being in person, and you don't have to get in touch with any needles.

Guaranteed Insurance may well be either term or permanent life insurance.

Reassure America Life Insurance Company

You can not be turned down.

Unless you at present reside in a hospital or long-term care facility, you can not be turned down for guaranteed acceptance life insurance.

To apply for most kinds of insurance, you must undergo a medical exam and answer wellness questions on your application, but guaranteed issue life insurance requires none of this.

Guaranteed issue is a lot more costly.

In insurance, uncertainty equates to cost, so guaranteed issue life insurance is highly-priced. Remember that for guaranteed issue policies, there's no underwriting as well as the life insurance enterprise has no information of an applicant's wellness. That means that the life insurance company is uncertain about applicants' mortality risks.

All the insurer knows about an individual to be insured is his/her age and sex. So the rate you pay is according to only these two data.

Due to the greater expense of guaranteed acceptance life insurance, it's not suggested merely to expedite the application process or to steer clear of submitting to a medical exam.

The best way to buy guaranteed acceptance life insurance

Either call us (1-800-823-4852) or do the work your self on the internet. If on the internet, start by using our online quoter to instantly retrieve guaranteed problem life insurance quotes. Fill out the form on that page, and you are going to be given a list of life insurance options offered to you.

WholesaleInsurance.net uses a single quote engine for all kinds of no-exam life insurance, so a few of the quotes listed will pertain to simplified problem or graded benefit life insurance. Read the name of every product to understand what it's. (You could really qualify for simplified issue life insurance and graded benefit life insurance, which tend to be less expensive than guaranteed acceptance policies. To determine which policy kind is best for your circumstance, please speak with one of our Advisors at 1-800-823-4852.)

Should you obtain an economical guaranteed life insurance quote, pick it and start filling out your application form online. We'll take it from there.

You might be surprised at the modest number of guaranteed issue life insurance quotes you find. Right after all, Wholesale Insurance does business with more than 50 competing life insurance companies. The cause that you'll find comparatively few guaranteed problem quotes from which to select is that guaranteed acceptance life insurance is much less preferred than term insurance or permanent insurance. Fewer life insurance companies sell it.

Questions Concerning Guaranteed Acceptance Life Insurance:

What's a unit? 

A unit of coverage corresponds to the life insurance benefit quantity that is possible to purchase, and it depends on age, gender and state. Please get a quote to see benefit amounts and premiums available to you for as much as 8 units of coverage. 

Do I have to answer medical questions? 

You don't have to answer any questions about your health or take a physical exam. Your acceptance is guaranteed!

Is there a waiting period before the full benefit takes effect? 

Acceptance is usually guaranteed because of a limited benefit period for death through the first two years. In most states (except AR) the full benefit is paid from the very first day of coverage for accidental death. 

Will my rates go up every year?

When you lock in your premium rate for the benefit quantity you need, it's going to stay the same as long as you maintain your insurance.

As I get older, will my benefits be decreased? 

No. Soon after your coverage begins, your benefit won't decrease as you grow older or if your health condition changes.

Will my coverage be cancelled just for the reason that I get older? 

Totally not. Your coverage can stay in force as long as you pay your premiums when due.

Does this plan pay rewards even when I have other insurance? 

Yes. This strategy will pay rewards directly to your beneficiary in addition to any other insurance you may have.

Can I save capital by paying annually? 

Yes. Save a full month's premium by paying annually -- you get 12 month's protection for the price of 11! And this savings can add up year after year.

What if I apply for coverage, but alter my thoughts later?

Count on a 30-Day Cash Back Guarantee for peace of mind. Should you decide this coverage is not for you, just return your insurance documents inside 30 days after receiving them for a complete refund, no questions asked. 

Who do I call for consumer service? 

We've built our reputation on satisfied buyers. After you obtain your insurance documents, you'll also receive a consumer service guide with a toll-free service hotline. This special toll-free number will put you directly in touch having a top notch service team. Your guide will also consist of data and tips on how to change your payment program, change a beneficiary, or file a claim. 

Does it pay to act now?

Your benefit is based on your age when coverage takes effect. The younger you happen to be when your coverage begins, the higher your benefit might be for life.

AARP Guarenteed Acceptance Life Insurance

Question

Can I be turned down?

Answer

No - this coverage is out there to all AARP members ages 50 to 80 and their spouses or partners ages 45 to 80 (in NY, member and spouse should be 50 to 75). So long as you're within plan coverage limits, you cannot be turned down for AARP Guaranteed Acceptance Life insurance.

The AARP Life Insurance Plan is endorsed by AARP, a non-profit membership organization that assists people 50 and over to strengthen the quality of their lives.

To obtain Guarenteed Acceptance Life Insurance from AARP members Call New York Life at 1-800-865-7927

 - 8 a.m. to 10 p.m. (Eastern Time) Monday via Friday, or 9 a.m. to five p.m. Saturday

As much as $15,000 in life insurance coverage

No medical exam

No wellness questions

Rates won’t go up as you grow older

Permanent insurance it is possible to maintain your whole life

Basic enrollment form; acceptance is guaranteed

Limited advantages for initially two years 

Who is Eligible

AARP members ages 50 to 80 and spouses ages 45 to 80 are eligible to enroll. If you aren’t yet an AARP member, you can join AARP and enroll in Guaranteed Acceptance Life insurance at the same time by mail. This item just isn't obtainable to residents of New Jersey and Washington.

Acceptance Guaranteed

As the name suggests, you can’t be turned down for Guaranteed Acceptance Life insurance so long as you are an AARP member ages 50 to 80 (45 to 80 for spouses of AARP members). It definitely is that uncomplicated. And mainly because acceptance is guaranteed, AARP members who reside in most states can even enroll on-line now.

No Medical Exam or Health Questions

You don’t need to see a physician, take any medical tests or answer any medical questions. In truth, you never have to give a single detail about your present wellness or medical history.

Rates Will not Increase

 Due to Age or Well being.  Your premiums are according to your age when you apply, and won't increase simply because you grow older. The truth is, you could in no way be singled out for a rate increase for any reason, such as modifications in health. Your rates can only alter if they're changed for all other people within the same 'class of insureds' under this group policy. Due to guaranteed acceptance with out medical underwriting, the premium contains an added mortality threat charge. Medically underwritten goods are also out there.

Lifetime Protection.  This is permanent life insurance you can maintain for your entire lifetime, provided premiums are paid when due, as opposed to term insurance coverage that may possibly finish at a specific age. That’s essential if you want to be sure to leave life insurance rewards for your loved ones, regardless of how long you live.

Limited Benefit Period.  Simply because acceptance is guaranteed, death from natural causes for the duration of the first two years of coverage pays just a portion of the benefit quantity. Throughout this period, your beneficiary receives an amount equal to 125% of the premiums paid. Full benefits will probably be paid for accidental death from day one of coverage. (PA, MN, and MO residents have unique rewards payable)

Benefits Will not Decrease.  After the first two years, your benefits are guaranteed not to decrease due to the fact you grow older or your health conditions change. The benefit level you start off with will be the one you maintain so long as you are insured.

Paid-Up Feature.  Your premium payments will finish at age 95, but coverage will continue in full for the rest of your life.

An Exclusion.  There's an exclusion. If death outcomes from suicide in the very first two years, rewards won't be paid. Missouri and North Dakota residents: The suicide exclusion applies only for one year.

30-Day Guarantee.  You’ll obtain a Certificate of Insurance when coverage is approved. In the event you decide this coverage isn’t for you, for any reason, you could return it inside 30 days and get a refund of any premium you paid.

Very simple Enrollment Form.   It does not take a great deal of time or paperwork to enroll for AARP Guaranteed Acceptance Life. AARP members can enroll by mail or online (in most states). There’s completely no cost or obligation whenever you request information.

Guaranteed Acceptance Life Insurance Companies:

No Medical Tests

No Well being Questions

No Medical Exams

Guaranteed Issued Policies

With guaranteed life insurance you can't be turned down for life insurance coverage, with the exception of residing within a hospital or an assisted living facility. For anyone who is not under medical care, as stated previously, you're guaranteed to obtain insurance, regardless of whether it is actually no exam whole life insurance or term life insurance with no exam. When you have been turned down previously, than you should be excited to learn about guaranteed acceptance life insurance. This sort of life insurance was made for those with medical conditions, which ultimately prevents coverage from becoming obtained.

Guaranteed term life insurance has no medical questions, no medical examinations, and no underwriting. Well being questions for a life insurance application is generally what makes the insurance method take 4-6 weeks. This really is not the case with a guaranteed life insurance policy. The application is speedy and very simple, in many occasions, you'll be able to complete it in less than ten minutes.

Although searching at no medical questions life insurance, you might wonder, "What's the catch?" When it comes to insurance, if an insurance corporation will not know the details of one's health status, they can not estimate danger, therefor, guaranteed acceptance life insurance carriers greater rates than conventional life insurance.

Term Life Insurance No Exam

Possibly, one of the simplest forms of guaranteed acceptance is term life insurance with no medical questions. Term life insurance could be the kind of insurance that's the easiest to recognize. This sort of policy is only active during the period of time you select (or term). Guaranteed term life insurance is a lot more economical than a guaranteed concern whole life insurance equivelant, with an identical death benefit.

In case you are wondering how a guarantee life insurance company can issue insurance without knowing anything about your health, this really is why the rates are higher, all they know is your age and gender. One should really only consider guaranteed acceptance life insurance companies if they've been declined for traditional coverage.

The bottom line is the fact that when you are searching for life insurance with no medical exam, you will pay higher rates, having said that, no medical information and facts is needed on these sorts of applications.

Whole Life Insurance No Exams

For anyone who is searching for whole life insurance with no medical exam, than you will be pleased to learn that you will find no medical exams and no health questions with our guarantee issued life insurance, unlike classic coverage, this is the main benefit of no medical questions life insurance. However, since this is a no health exam life insurance policy, your rates is going to be higher than whole life insurance which requires you to undergo a medical exam.

Unlike guaranteed issue term life insurance, guaranteed whole life insurance is really a permanent form of insurance policy, that will not expire at a certain term. Ordinarily, whole life insurance policies mature at age 100. When you might out live your policy, the death benefit could be paid, when the policy matures.

What is Colonial Penn Guaranteed Acceptance Life Insurance

For those who haven't been in a position to get inexpensive life insurance mainly because of your health, habits, or household medical history, Guaranteed Acceptance Life Insurance is an option you should think about.

What is Guaranteed Acceptance Life Insurance?

Guaranteed Acceptance Life Insurance delivers protection for high-risk people. With Guaranteed Acceptance Life Insurance, the insurance business asks no health questions and calls for no physical exam. Furthermore, your insurance cannot be canceled as you grow older, nor does the premium increase.

The Downside of Guaranteed Acceptance Life Insurance

Since insurance firms are taking a larger risk when they supply Guaranteed Acceptance Life Insurance, they set limits on your positive aspects. By way of example, most organizations limit the quantity of insurance you can acquire, typically providing no more than $20,000. Having said that, you could obtain Guaranteed Acceptance Life Insurance policies from numerous insurance organizations. This makes it possible for you to build up a higher death benefit than you'll be able to get in one policy.

A further potential downside to Guaranteed Acceptance Life Insurance is that your rewards could be limited for the first few years of your policy. By way of example, when you die inside the first year of one's policy, your beneficiary may well obtain only a return of the premium plus 5 or 10% interest. The second year, the benefit could possibly be 50% of the total benefit, whilst within the third year, the total benefit becomes accessible.

Obtaining the most effective Rate on Colonial Penn Guaranteed Acceptance Life Insurance 

There are actually minimum age specifications for some Guaranteed Acceptance Life Insurance policies, and these policies aren't offered in all states. The easiest approach if a Guaranteed Acceptance Life Insurance policy is a choice for you would be to go to an insurance comparison web site. On this site, you can complete a form with such simple information as your name, address, and beneficiary. You may then get quotes from several A-rated life insurance providers and you are able to pick the firm with the very best rate for you.