Guaranteed Issue Whole Life Insurance
What Is
Guaranteed Issue
Whole Life Insurance?
Guaranteed Issue Whole Life Insurance is a permanent life insurance policy designed specifically for individuals who may have serious health conditions or who want to avoid medical underwriting altogether. As the name implies, acceptance is guaranteed there are no medical exams, health questions, or background checks involved.
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These policies typically offer lower coverage amounts, often between $15,000 and $35,000, and are designed primarily to help cover final expenses such as funeral costs, medical bills, and minor debts.
Why Choose Guaranteed Issue Whole Life?
This coverage is an excellent option for people who:
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Have been denied other life insurance due to health issues
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Are between the ages of 50 and 85
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Want lifelong protection without the hassle of medical exams
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Need a safety net to ensure their family isn’t burdened with final expenses
While premiums may be higher due to the lack of underwriting, the peace of mind that comes from guaranteed acceptance is invaluable.
Key Features and Benefits
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No Medical Questions or Exams: Approval is guaranteed regardless of your health history.
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Lifelong Protection: Coverage lasts your entire life, as long as premiums are paid.
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Level Premiums: Your monthly payment never increases.
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Cash Value Growth: Builds a small cash value over time that you can borrow against.
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Payouts for Final Expenses: Helps cover funeral costs, unpaid bills, and other end-of-life expenses.
Things to Consider
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Graded Death Benefit: Most guaranteed issue policies include a waiting period (usually 2 years). If the insured passes away during this time from non-accidental causes, the policy only pays back premiums plus interest.
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Limited Coverage Amounts: These policies are not designed for large estates or high-income replacement.
The Application Process
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Contact Us: We’ll discuss your goals and review your eligibility.
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Carrier Selection: We work with several trusted companies to find the best match.
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Apply: The application is short and simple — no exams or interviews.
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Get Approved: Most policies are issued within a few days.
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Support: We remain your point of contact for any policy questions or updates.
Why Hodges Insurance?
At Hodges Insurance, we specialize in helping seniors and those with health concerns find meaningful coverage that fits their lives and budgets. We don’t just sell policies — we educate, guide, and support our clients every step of the way.
As a trusted, local agency in Anderson, SC, we’re committed to being your advocate both during and after the policy is issued. Our team is just a call or a visit away, and we treat every client with honesty and compassion.
Let’s secure your future today with dignity, clarity, and care.