Guaranteed Isse Life Insurance Direct Application
You can purchase guaranteed issue life insurance through associations or a limited partnership. These options are not available in every state. You also need to be working in gainful employment 20+ hours a week and have not missed any significant time off work during the last 90 days. Some of these carriers also have 1 or 2 pre-qualifying questions which center around a terminal illness or very serious illnesses such as current cancer. The onus is on you to answer any questions and application truthfully. Otherwise, the carriers could deny your family's claim if or when you pass away.
Availability of these plans are subject to change at any time. If you have any questions, feel free to reach out to us.
$50,000 term to age 80
You can purchase $50,000 term to age 80. The option is through an association called Elevate to Wellness. Prudential is the carrier. The life insurance is Prudential's group term life. There is a 6-month waiting period. The death benefit decreases starting at age 65. It is an economical plan option. You have to select the "Patriot" platform and then enter the necessary information. If you have any questions, please let me know.
Up to $100,000 term to age 121
You can purchase up to $100,000 term to age 121. This is a unique life insurance option through a limited partnership. 5-Star Life Insurance is the carrier. You have to work in gainful employment at least 20 hours per week and also answer a few pre-qualifying questions. If you purchase the life insurance, you also have to join the limited partnership. I am happy to explain more.
Up to $150,000 term and/or Up to $100,000 Whole Life
You can purchase up to $150,000 term life and/or $100,000 whole life for a combined coverage of $250,000. You have to attest/answer that you don't have a terminal illness, reside in an assisted living facility, etc. The association is LiveWell USA, and the carrier is Assurity. You can select a 10-year term, 20-year term, and to age 70. There is a $19.99 monthly membership fee, which gives you access to other value-added benefits through the association. This is an economical plan for those who can't or have a hard time obtaining traditionally underwritten life insurance.
Additional Life Insurance Options
We also offer a couple of other guaranteed issue life insurance options. You will have to reach out to us for more information about these options as they do not offer self-enrollment:
- $50,000 or $75,000 term to age 75. 12-month waiting period
- Up to $80,000 whole life
