What Is Guaranteed Issue Whole Life Insurance?
Guaranteed issue whole life insurance is a type of permanent coverage that you can’t be turned down for, regardless of your health history.
It’s designed for seniors who want simple, lifetime protection — with no medical exams and no questions asked.
These policies offer a small to moderate death benefit and are often used for final expenses, legacy gifts, or debt payoff.
Who It’s For
- You’ve had health challenges that make traditional life insurance hard to get
- You want lifelong coverage that builds cash value
- You prefer simple enrollment with no health questions
Key Features
Guaranteed Acceptance
No medical exams or health questionnaires — everyone gets approved within the eligible age range.
Lifetime Coverage
Stays in place as long as premiums are paid — no expiration like term policies.
Fixed Premiums
Your cost never goes up, even as you age.
Cash Value Accumulation
Builds a small amount of cash value over time you can borrow from if needed.
Guaranteed Issue FAQs
What’s the catch with guaranteed issue policies?
There’s typically a graded death benefit period — meaning if you pass away in the first 2 years (non-accidental), the full benefit may not be paid.
We explain this in full so there are no surprises.
How much can I get?
Most policies offer between $2,000 to $25,000 in coverage.
Can I use it to cover funeral expenses?
Yes — many people use it specifically for that purpose.
Do I need to renew it?
No — once you’re enrolled and pay your premiums, your coverage stays active for life.