Where to Go for Guaranteed Acceptance Life Insurance
Guaranteed acceptance life insurance is usually marketed towards the elderly and sick. There is no medical exam to take and therefore, in theory, everybody can qualify. What you need to remember though, is that guaranteed insurance usually has small face values, around $20,000, and are more like funeral policies. In this day and age, it is a good idea to look into getting a policy, even if it is for $20,000. There are many companies out there that offer policies. It can get quite daunting choosing your insurance policy, and is therefore a good idea to go through a broker. There are plenty of brokers that represent the different companies that offer these policies.
If you would like to deal with companies that only deal with guaranteed life insurance in a particular state, there are plenty of options. These brokers will only deal with the companies in specific states and therefore can offer insurance quotes. They even are able to help lower the costs on your premiums if you already have insurance.
They are also committed to offering their customers the best service possible. They have a team of insurance experts that know the ins and outs of the insurance industry. They also offer guaranteed acceptance policies to people who would otherwise not be able to get insurance. People with diabetes, high cholesterol, and high blood pressure are eligible for insurance.
There are also companies out there that will offer you more than just one insurance policy. These companies will be able to provide you with all types of insurance. From guaranteed acceptance to home insurance. They also provide information on the different types of insurance and even the pros and cons of each policy. Guaranteed acceptance life insurance policies can also be found at most insurance companies. Some companies are able offer life insurance for up to $50,000, even if you have a chronic illness or are elderly. They offer a simplistic approach to getting the quote that is right for you. They also offer the latest technology in order to get the most competitive quotes.
When you go for a company that offers guaranteed acceptance insurance, you are guaranteed a policy. This is great for people who do not qualify for other policies, due to illness and age. There are some cons to these policies though, like as the risks are high, your premiums every month will be higher than that of other life insurance policies. There is a waiting, or grace period for at least two years before the policy will pay out. Therefore you cannot take one out knowing you will die in a year.
It is important to look into the different policies available. Before selecting any company, make sure that you carefully read through the offered policies and also that you check out the reputation of the company that you are considering working with.
