What Does Guaranteed Issue Mean Life Insurance? 
It usually means you are guaranteed issue of a policy with that particular company . Guaranteed Issue tend to be very expensive insurance policies and are n't a good choice for a healthy individual as the policy pricing is set up for an unhealthy person . The simplest rule of thumb for the purchase of insurance is the more questions asked and answered , the cheaper the rates will be . Unasked questions tend to drive up premiums . That said , if your health is such that the possibility of going through underwriting successfully is n't great , a guaranteed issue policy may be the best thing for you . As they say `` It 's beats a poke in the eye with a sharp stick . '' 