Compare life insurance quotes. Hack the System with Guaranteed Life Insurance, Trusted Choice

Unless you’ve somehow stumbled upon the elusive Fountain of Youth, your chances of living forever are pretty slim. Like, super-slim. Luckily, there’s life insurance. But say you’ve passed your prime and you’re not in the tip-top shape you once were. Well, that’s why there’s guaranteed acceptance life insurance, and we’ll help you get it. Guaranteed life insurance.

Our independent agents are here to help answer all your questions and scout out the right life insurance options for you. So now, when your “time is up,” you can continue to live on–only in the form of cash. How’s that for reincarnation?

What Is Guaranteed Acceptance Life Insurance?

Simply put, guaranteed acceptance life insurance is a lot like a little league participation trophy. You sign up, pay your dues, and get a shiny reward when the season’s over. Everybody who wants one, gets it.

Unlike other life insurance policies, you don’t have to fill out a medical information form or anything. As long as you pay your premiums, you get the benefit. However, benefits tend to be substantially lower and range between $5,000 and $50,000.

What Does Guaranteed Acceptance Life Insurance Cover?

If you’re between the ages of 45 and 85, in poor health, and having trouble finding insurance policies that will cover you, this may just be your answer. But there are a few different types of guaranteed acceptance life insurance, so let’s talk about those:

Guaranteed term life insurance: The premium is guaranteed to remain the same for the number of years chosen (i.e., 10, 15, 20, and so on.). However, if you outlive the term you select, you will need to get a new life insurance policy, which may be more difficult at an even older age.

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Guaranteed whole life insurance: This is a good alternative to term life, since it’s for your whole life. But a whole life policy works a bit differently, in that it also comes with a guaranteed cash value. With every premium you pay, some of that goes into your policy’s cash value account, which grows on a tax-deferred basis. The downside to a whole life policy is that your premiums will be higher.

Guaranteed universal life insurance: Similar to whole life in that you will have a cash value account, but it’s dependent on market conditions and the growth could be affected. It’s also less expensive than whole life, since it’s set up for even payments throughout the policy’s life.

How Does Guaranteed Acceptance Life Insurance Work?

When you sign up for any type of life insurance policy, you choose a beneficiary. Someone who really “gets” you and whatever wishes you have for your “end game.” Ideally, you choose a loving spouse or a dependable family member.

Your beneficiary will have the power to use the money according to the instructions in your will or, in the absence of a will, they’ll just wing it. Generally speaking, that money would go towards funeral expenses, medical bills and any debts left behind.

But consider this: Benefits work a little differently with guaranteed life insurance. For the first two years, the payout will be limited. Before two years have elapsed, the policy may only provide reimbursement for the premiums paid, a depreciated value of the policy, or, in some cases, nothing at all.

Family term life insurance

Why Should I Buy Guaranteed Acceptance Life Insurance?

The biggest reason is because you are unable to get any other type of life insurance policy. Guaranteed acceptance life insurance is a policy that works a little differently, but it’s insurance for those who have no other way to protect their loved ones when they die.

The cost of a funeral, and even cremation, is astronomical these days. And the last thing you want to do is sully your good name by leaving your loved ones with a funeral tab, never-ending credit collection calls, or worse.

How Much Does Guaranteed Acceptance Life Insurance Cost?

This all depends on a number of factors, like the type of policy, length, your age, and more. Turn the TV on early some Saturday morning and you’ll see companies advertising some form of guaranteed life insurance for as low as $9.95 per month if you act now, or it can be as much as $200 per month for a shorter-term policy for elderly seniors.

The best way to get an accurate estimate is to connect with an independent agent and tell them all about you, your budget and what you want to leave behind—they’ll take it from there.

Comparing Guaranteed Acceptance Life Insurance Policies

Our agents will review your needs and help you evaluate which type of guaranteed acceptance life insurance makes the most sense for you. They'll also compare policies and quotes from multiple insurance carriers to make sure you have the right protection in place. For you and your family.

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Sweet Benefits of an Independent Agent

Insurance policies can be complex and searching through options can be confusing, time-consuming and frustrating. An independent agent's role is to simplify the process.

They’ll make sure you get the right coverage that meets your unique needs. Not only that, they’ll break down all the jargon and explain the nitty-gritty, so you understand exactly what you're getting.