Guaranteed Issue Whole Life Insurance policies are available to anyone ages 50 – 85, who purchases them, regardless of any past or present health conditions. This type of coverage is especially beneficial to seniors who may otherwise be denied a life insurance policy.
Call 888-428-8870 to get a quote for Guaranteed Whole Life Insurance from AIG Life Insurer Companies today!
Age is the single biggest factor that influences life insurance rates, and a Guaranteed Issue Life Insurance policy is a way for seniors to get past that obstacle. But that’s not the only benefit. Below, we count down four significant benefits of Guaranteed Issue Whole Life Insurance policies for seniors.
An older adult with health concerns may be designated as “uninsurable” by many life insurance companies. But an older adult with health concerns is exactly who this type of policy is designed for. If you are between the ages of 50 and 85, we guarantee you will not be turned down.
Traditional life insurance plans often require a medical exam or health questions to determine an applicant’s risk level and premium. But with Our Guaranteed Issue Whole Life Insurance, that is not the case. There are absolutely no medical exams or health questions required.
One of the benefits of our whole life insurance policy is the fixed premiums. AIG Life Insurer Companies ensures that premiums will not change during the life of the policy, allowing for predictable costs and easy budgeting.
If you are certified as having a chronic illness or severe cognitive impairment, AIG Life Insurer Companies will return all of the premiums paid into the policy. Should you be certified as having a terminal illness, the policy will pay out up to 50% of the face amount at the time of acceleration. The money received from these living benefits can be used however you wish.
If you’re a senior without life insurance, you may be putting your loved ones at risk for a financial burden. Funeral costs, hospice care, unpaid debts and medical bills are just some of the expenses your family may be left with if you do not have a life insurance policy in place when you die.
Guaranteed Issue Whole Life Insurance from AIG Life Insurer Companies offers up to $25,000 in permanent coverage, meaning it won’t expire as long as the premiums are paid. This money can help your surviving family members pay for your final expenses, estate taxes or more.
It’s easy to get a free quote from AIG Life Insurer Companies. Call 888-428-8870 to speak to a licensed agent today.
 Source: http://www.investopedia.com/articles/investing/102914/7-factors-affect-your-life-insurance-quote.asp?lgl=myfinance-layout
The total amount of all American General Life Insurance Company Guaranteed Issue Whole Life Insurance policies on any person cannot exceed $25,000 in the aggregate. Policies issued by AGL in all states except NY, Policy #: 15532, ICC15-15532. AGL is not licensed to do business in New York.