Additionally,
guaranteed acceptance policies usually have a 2 to 3 year period post-purchase during which your beneficiary will receive little to no payout upon your death.
Not exact matches
Because these
policies are
usually written on a
guaranteed acceptance basis, which means they don't require a physical or detailed health information, there may be some instances where you are not covered.
Since credit and disability life insurance is
usually offered when you obtain a loan,
policies are either
guaranteed acceptance or have incredibly limited underwriting.
Because these
policies are
usually written on a
guaranteed acceptance basis, which means they don't require a physical or detailed health information, there may be some instances where you are not covered.
Final expense insurance
policies are expensive as they
usually don't require a medical exam or are «
guaranteed acceptance,» meaning you can't be turned down for coverage.
In general, most
guaranteed acceptance life insurance
policies are going to be small,
usually «maxing out» at around $ 25,000 dollars in coverage.
Since credit and disability life insurance is
usually offered when you obtain a loan,
policies are either
guaranteed acceptance or have incredibly limited underwriting.