While Guaranteed Insurability Option lets you acquire additional coverage without having to prove your insurability, Guaranteed Issue Right is a right that allows you to purchase insurance policies without having to take medical and / or physical examinations.
While a guaranteed insurability rider can allow future purchases of insurance coverage without proof of insurability.
Not exact matches
Buying a life insurance policy
while you're young and healthy will
guarantee your
insurability for life.
While this death benefit is one aspect of what a child rider can offer, another benefit is that purchasing a child rider
guarantees your children's future
insurability.