Guaranteed Issue Whole Life Insurance from American General Life Insurance Company is a simple and affordable guaranteed issue life insurance policy designed to cover expenses like medical bills, credit card debt or funeral costs, and can help protect your loved ones from future financial burdens.
If you're age 50-85, with Guaranteed Issue Whole Life Insurance, sometimes referred to as Guaranteed Acceptance Whole Life Insurance, you can't be turned down for health reasons, and you can receive a permanent, guaranteed issue life insurance policy without having to qualify for coverage based on your health. The benefits from this guaranteed acceptance life insurance can lend a helping hand for your loved ones during a difficult time.
Permanent protection that lasts you a lifetime - You are automatically qualified and we guarantee that we won't turn you down.
This guaranteed issue life insurance product requires NO medical exams or health questions that can cause traditional life insurance costs to skyrocket.
Get a guaranteed issue life insurance policy starting with coverages from $5,000 all the way up to $25,000.
Chronic Illness - This benefit returns all of the premiums paid and is triggered when the insured cannot perform at least 2 of the 6 "activities of daily living" (bathing, continence, dressing, eating, toileting, transferring) or is diagnosed with a severe cognitive impairment like Alzheimer’s or dementia.
Terminal Illness - This benefit provides 50% of the applicable death benefit at the time of acceleration. Terminal Illnesses are illnesses or physical conditions that are certified by a physician to be reasonably expected to result in the insured's death within 24 months from the date of certification.
Premiums for our guaranteed acceptance life insurance policies are level and are guaranteed not to increase during the life of the policy.
Guaranteed Issue Whole Life Insurance was built for affordability with lifetime protection that is both practical and versatile.
Many people wonder what the difference is between traditional Whole Life Insurance and Guaranteed Whole Life Insurance. It can help to compare the two types of whole life insurance to determine which type of life insurance is best for your particular situation. Whole life insurance is a type of permanent life insurance coverage that provides a guaranteed death benefit along with guaranteed** cash values. Part of each premium payment is applied to the policy's cash value account, which grows on a tax-deferred basis (based on current federal tax laws). Learn more about traditional whole life insurance here.
* 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.
** Guarantees are subject to the claims-paying ability of the issuing insurance company.