What Is Guaranteed Issue Life Insurance? 
That is an excellent question ! When you are offered a guaranteed issue policy , what the insurance company is offering you is a policy that you will certainly qualify for . There are typically few if any questions about your health , other than your age and gender . These policies are great options for people who have or have had serious health issues , that otherwise would not qualify for a policy . They are n't cheap though , and will generally have a two or three year period to work through where the death benefit is reduced to premiums paid plus interest . This is one of those cases where an independent agent like myself is worth their weight in gold , because finding the least expensive and best options for your graded period can make a big difference . I hope that helps , thanks for asking ! 