What Is Guaranteed Issue Life Insurance? 
Guaranteed Issue Life Insurance is whole life insurance for which you can not be declined for health reasons . The maximum face amount is usually $ 25,000 or less , and there is a graded period -LRB- 1-3 years -RRB- where a reduced benefit is paid for death due to natural causes . They usually pays 100 % from day one for accidental death . Most guaranteed issue policies have a minimum age requirement of 40 to 50 years old . 