Not exact matches
Guaranteed insurability is probably
even more valuable if you have a term policy.
Buying the right policy now, one that includes a
Guaranteed Insurability Option (GIO) to increase coverage later with no health questions, will
guarantee your child the ability to buy the coverage they need,
even if their health would otherwise make it difficult or unavailable.
Cincinnati Life's
guaranteed whole life is accompanied with a wide range of additional
guarantees such as
guaranteed level premiums,
guaranteed cash value accumulation and
guaranteed insurability (
even if your classifications change).
A
guaranteed insurability clause will ensure that you will be able to get a replacement policy,
even if you are in poor health.
This policy is priced so well that,
even if it didn't offer any death benefit at all during childhood, the premium would be worth
guaranteeing your child's adult
insurability.