Sentences with phrase «issue life insurance policy simply»

For those looking for more coverage however... A guaranteed issue life insurance policy simply isn't going to get it done.

You may need to consider a guaranteed issue life insurance policy simply because these «types» of life insurance policies will not require you to take a medical exam or answer any health - related questions.

It's also why we will typically recommend folks avoid applying for a simplified issue life insurance policy simply because these «types» of life insurance policies are often times more difficult to qualify for than a fully underwritten term or whole life insurance policy.

Without a graded death benefit in place, insurance companies would simply be unable to offer guaranteed issue life insurance policies simply because they would have no way of knowing if they were accepting life insurance applications from individuals who were gravely ill.

Not exact matches

Simplified issue life insurance products are simply another name for a life insurance policy that requires no physical or medical exam.

If you are doing a simplified issue life insurance policy, the insurance companies will simply look at your past medical records and prescription records.

Simply put, guaranteed issue life insurance is a life insurance policy that has no underwriting whatsoever.

Simply put, burial insurance is a simplified issue whole life insurance policy.

Other than exploring a Guaranteed Issue Life Insurance policy which will require that you be at least 40 years old, we simply don't have any other options which you would qualify for.

A guaranteed issue policy is perfect for those who suffer from heart disease, diabetes, any type of cancer, or simply bad health because if you try to apply to a traditional life insurance policy you will find yourself getting denied with any of these conditions.

In most cases like these (excluding some less aggressive myelodysplastic syndromes), clients may find it necessary to pursue a guaranteed issue life insurance policy that won't require the applicant to take a medical exam or answer any health related questions in order to qualify, simply because they will not be eligible for any type of life insurance policy which would require them to «medically» qualify.

For more information regarding guaranteed issue life insurance policies and graded death benefit clauses, we would recommend that you either check out comprehensive guide to final expense insurance or simply give us a call.

But remember, guaranteed issue life insurance policies which contain a graded death benefit are insurance policies that are usually reserved for those who simply can't qualify for any other type of life insurance policy.

, you definitely going to want to consider a guaranteed issue life insurance policy because, you're simply not going to be eligible for any other «Type» of coverage right now.

So while «yes» folks who are currently receiving dialysis to treat their chronic or end stage kidney failure, can qualify for a guaranteed issue life insurance policy, only having access to $ 25,000 in coverage may simply not be enough to meet a clients needs!

Well, it's certainly natural to feel this way at least at first, but it's important to remember that because guaranteed issue life insurance policies aren't going to require you to take a medical exam or answer any health - related questions, graded death benefit clauses are really the only thing protecting an insurance company from insuring someone simply hours away from dying!

To put it simply, a graded death benefit is a clause written into guaranteed issue life insurance policies which requires the insured to wait a period of time (usually 2 - 3 years), before their guaranteed issue life insurance policy will begin covering NATURAL causes of death.

These individuals, they will either need to simply go without any life insurance or will need to purse an «alternative» life insurance product like a guaranteed issue life insurance policy which will not require an applicant to take a medical exam or answer any health - related questions in order to qualify.

Instead, simplified issue life insurance policies, will simply rely on information collected from:

When referring to an insurance company, this phrase simply means the value of all life insurance policies that the company has issued that are paid up and current.

With a guaranteed issue life insurance policy, the applicant simply applies for the coverage, and they are approved almost immediately.