About Guaranteed Issue Life

If you’re interested in learning more about guaranteed issue life insurance, you’ve come to the right place.

This website is run by experienced life insurance agents who have helped thousands of people secure affordable life insurance, including guaranteed issue, final expense, and burial insurance policies.

To find out if guaranteed issue life insurance is the right type of life insurance for you, read below.

What is Guaranteed Issue Life Insurance?

Guaranteed issue life insurance is a life insurance policy that has no underwriting and is guaranteed to anyone. There are no health or lifestyle questions, medical underwriting, prescription reports or medical exams.

Guaranteed issue life insurance is a type of life insurance policy that has no underwriting and is guaranteed to anyone regardless of health. In fact, it is designed for people with high risk medical conditions like cancer or HIV, typically seniors who have declining health.

Seniors with guaranteed issue life insurance

Features of guaranteed issue life insurance include:

  • No medical exams
  • No health or lifestyle questions
  • No medical underwriting or prescription reports
  • Guaranteed acceptance to almost anyone
  • The policy will not expire
  • The monthly premium payments will not increase
  • The death benefits cannot decrease
  • The policy accrues cash value which you can borrow from

It is the simplest and fastest type of life insurance you can apply for, and almost nobody can be turned down.

There are different names for this type of insurance. The most common names include.

  • Guaranteed life insurance
  • Guaranteed issue life insurance
  • Guaranteed acceptance life insurance

At first glance, guaranteed life insurance sounds like a no-brainer, but it is typically a more expensive policy, and there is always a waiting period.

Who is Guaranteed Issue Life Insurance for?

It is definitely tempting to think of a life insurance policy that requires no questions as the obvious choice.

Man over 60 with a guaranteed issue life insurance policy

It is definitely tempting to think of a life insurance policy that requires no questions and has a fast application process as the obvious choice.

The truth is, guaranteed life insurance policies are only for a small percentage of people. Guaranteed issue policies should only be purchased by people who cannot get any other type of policy, period.

First, see if you qualify for a policy that has underwriting and fewer limitations. You will get a better rate, and potentially more coverage.

If, however, you have been denied life insurance coverage in the past, or have a high risk medical condition, then a guaranteed issue policy might be the best option for you.

Here are several situations where a guaranteed acceptance life insurance policy is the only option.

  • Seniors between 50 and 80 years old who cannot qualify other types of life insurance
  • People with cancer, HIV, or other high risk medical conditions
  • Elderly seniors over age 80 who will not be accepted for other life insurance policies
  • People on dialysis or who have had 1 or more heart attacks

Speak with one of our agents to see if guaranteed issue life insurance is right for you, or if we can find you a cheaper type of life insurance policy.

Guaranteed Issue Life Insurance Rates

Guaranteed issue life insurance rates

If you have a serious medical condition, or simply know that you need guaranteed issue life insurance, here are some sample quotes to give you an idea of what your monthly premiums might be.

Note: These rates are not exact, and you may fall outside of the listed ranges. Contact us to get an exact quote.

Rates for Men

Below are sample rates for a guaranteed issue life insurance policy for male from 50 to 85 years old.


Rates for Women

These are sample rates for a guaranteed issue life insurance policy for a female from age 50 to 85.


To get more accurate quotes, use our instant quote tool to the left, then give us a call to find the best rates for you.

The Best Guaranteed Issue Life Insurance Companies

Not all life insurance companies have a guaranteed issue policy. The carriers that do, all have policies that cater to different ages and medical situations.

See all 15 of our company reviews to learn more.

Below are the top 3 guaranteed issue life insurance companies, however, we do recommend other carriers for some situations, so be sure to speak with one of our experts before purchasing.

See our comparison of these 3 carriers here, or click below to see reviews and rates for each company’s guaranteed issue life insurance policy.

Review & Rates
Gerber Life
Review & Rates
Great Western
Review & Rates
A.M. Best RatingAAB++
Age Availability50 – 8050 – 8040 – 85
States UnavailableNYMTNY
Coverage Amounts$5,000 – $25,000$5,000 – $25,000$1,000 - $40,000
Graded Period24 Months24 Months24 Months
Interest Granted10%10%10%
Accelerated Death BenefitsChronic & Terminal
Illness Riders
None AvailableSpousal Bonus &
Dependent Riders

4 Tips To Save on Guaranteed Issue Life Insurance

There are several things you should know before purchasing guaranteed issue life insurance. These tips will help you find the cheapest life insurance rates possible.

#1 Make sure you don’t qualify for a non-guaranteed policy.

If you can qualify for a policy with medical questions, then you’ll likely get a cheaper rate, better coverage, or both. Always be sure you can only get a guaranteed life insurance policy before purchasing.

#2 Compare multiple guaranteed life insurance companies.

It’s unlikely that the first policy you find will be the best rate and fit for your situation. We recommend comparing as many guaranteed issue life insurance carriers as possible to find the cheapest rate.

#3 Work with an independent agent.

The fastest & easiest way to secure the most affordable life insurance policy is to consult with an independent life insurance agency. When you work with an independent agency, they can review quotes from all the top guaranteed life insurance companies on your behalf at no extra charge to you. This saves you time and money.

#4 Apply sooner to get the best rates & start the waiting period.

The best time to apply for life insurance is always today.

Every day that passes means you’re life insurance rates will go up. For seniors over 50 or 60, this is even more true. As we get older, not only do rates increase faster, but the coverage amounts that life insurance companies are willing to offer decline.

Also, the sooner the waiting period starts, the more likely you’ll be to get the full policy amount. Wait too long and you may not get the coverage you and your family need.

How To Apply for Guaranteed Issue Life Insurance

To apply for guaranteed issue life insurance, you have two options.

Agent comparing guaranteed issue life insurance companies
  1. Research using this website and other online resources. Spend hours calling multiple carriers to compare quotes. Then choose the best policy for you.
  2. Work with an expert life Guaranteed Issue Life. We’ve helped 1000’s of people find life insurance and don’t charge you a dime. We can compare the best guaranteed issue life insurance companies fast and save you money.

If you work with an independent agency, you will have a dedicated agent whose only goal is to find the most appropriate policy for you.

To get in touch and begin working through the graded period of your guaranteed issue life insurance policy, call us directly at 949-480-9638. We are a team of independent agents, licensed in all 50 states and our services are 100% free of charge.

Save up to 58% on guaranteed issue life insurance
Get Quotes