The guaranteed issue insurance offers a lifetime protection to the insured. Furthermore, the plan provides a coverage range from $5,000 up to $25,000. In addition, once the insured reaches age 95, he will not be required to pay a premium. Also, in the event of the death of the insured, his beneficiaries will receive a tax-free lump sum benefit.
Learn more about your life insurance options from these informative articles.
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