Guaranteed Issue Life Insurance with No Medical Exam

June 26 2009 by visitor in Guaranteed Issue Life Insurance |Comments Off

Reader’s Question:

I was hoping I could still be able to get life insurance here in Orlando, FL without the need of undergoing a medical exam. Is this what they call guaranteed issue life insurance?

Fidel

Orlando, FL

The majority of life insurance plans require the applicants to under a medical exam. In case you have a serious health issue, you could be denied for life insurance coverage. However, with guaranteed issue life insurance, no medical examination is needed. The most that you have to do is to answer a number of questions related to your health, even though some life insurance plans do not require that.

However, there is a catch about guaranteed issue life insurance because it offers graded benefit. Your beneficiaries would only get complete death benefits of your life insurance plan after a particular time period. If you pass on before the specified time frame, the beneficiaries would get just the premiums and interest.

If you have already decided to get guaranteed issue life insurance for your coverage in Orlando, FL, you can go online and visit life insurance comparisons Website. This is such an easy process as you only have to fill out an insurance form once. It will quickly provide life insurance quotations for a guaranteed issue plan. Also, the life insurance quotes you receive are from the top insurance providers. After getting these quotes, you can compare them to find the most affordable premiums and the life insurance plan that fit you.

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