Who can get Guaranteed Acceptance Life insurance?
Worried You Won’t Qualify for Life Insurance? Life Insurance Guaranteed Acceptance is the Answer
One of the biggest concerns people have when shopping for life insurance is whether or not they’ll be accepted. If you have a pre-existing health condition you may be more concerned that you will be denied access to the insurance coverage you want to protect your loved ones.
Fear not, there are solutions out there for virtually every insurance shopper. One of the best ways to learn about your options is to contact a licensed insurance agent who knows the ins and outs of the various insurance providers and will be able to help you find one who is most likely to insure you. Another option is to opt for life insurance guaranteed acceptance.
When it comes to life insurance, guaranteed acceptance policies may cost you more than some other policies but having the peace of mind that comes from knowing you’ve got the coverage you need may be worth the price. It all depends on your situation and your needs.
Typically with life insurance, guaranteed acceptance policies will come with both basic and accident benefits. This means that with the basic benefit your beneficiaries will receive tax-free income should you die from any cause, and the accident benefit often means your beneficiaries could receive up to 5 times the amount of your basic benefit should you die as a result of an accident that is covered under the policy.
Learn more about the different types of life insurance policies that are available to you and don’t, under any circumstances, give up on the thought of owning life insurance before you’ve even started looking. It is possible for virtually anyone, with any health history, to own insurance. You’ve just got to know where to look or who to ask.