Not exact matches
Those individuals that wouldn't get approved even at the substandard rates are also
considered high risk, and there are other types of
life insurance they may qualify for such as Simplified Issue
Graded Benefit or Guaranteed Issue
life insurance, which we'll discuss in more detail.
All
life insurance policies vary, so be sure you fully understand how the
graded death
benefit clause is structured for the policy you are
considering.
Which is why before you ever
consider purchasing a guaranteed issue
life insurance policy you will want to fully understand the
graded death
benefit attached to it.
A
graded life death
benefit means that in the first two or sometimes three years, your beneficiary will not be eligible to receive the guaranteed issue
life insurance death
benefit if the insured dies from what is
considered an «natural» cause of death.
If you have a pre-existing health condition that precludes you from getting approved for a traditional policy, we may have to
consider a
graded death
benefit life insurance plan.
Another agent suggested that it was unlikely they could get traditional
life insurance given all of the declines and that they should
consider a guaranteed issue
graded death
benefit policy.
An agent suggested that it was unlikely they could get traditional
life insurance given all of the declines and that they should
consider a guaranteed issue
graded death
benefit policy.