What Does Guaranteed Issue Mean In Life Insurance? 
There is one other variety of guaranteed issue life insurance not already mentioned already . Many employer based group policies provide guaranteed issue coverage . In cases where the employer is paying the premium for all employees , the insurance carrier can pool risks with a large number of lives . All employees are accepted regardless of existing health condition . In other cases the employees pay the premium . The carrier may provide guaranteed issue to all employees choosing the option provided a minimum participation level is met . New employees can purchase guaranteed issue coverage only during the initial open enrollment . 