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  2. How to buy life insurance without a medical exam - AOL

    www.aol.com/finance/buy-life-insurance-without...

    Term life insurance. Medical exam? It depends. Health questionnaire? Yes. Term life insurance provides coverage for a specified period, such as 10, 20 or 30 years. If the policyholder passes away ...

  3. Guaranteed issue life insurance - AOL

    www.aol.com/finance/guaranteed-issue-life...

    Guaranteed issue life insurance coverage tends to be much more expensive than term life insurance because it covers high-risk parties. For instance, an older individual who seeks a guaranteed ...

  4. Term life insurance - Wikipedia

    en.wikipedia.org/wiki/Term_life_insurance

    Term life insurance or term assurance is life insurance that provides coverage at a fixed rate of payments for a limited period of time, the relevant term. After that period expires, coverage at the previous rate of premiums is no longer guaranteed and the client must either forgo coverage or potentially obtain further coverage with different payments or conditions.

  5. Life insurance for felons - AOL

    www.aol.com/finance/life-insurance-felons...

    Guaranteed issue life insurance: Also known as guaranteed life insurance or guaranteed acceptance life insurance, this policy doesn’t require health screenings or medical exams for approval.

  6. Medical underwriting - Wikipedia

    en.wikipedia.org/wiki/Medical_underwriting

    Medical underwriting is a health insurance term referring to the use of medical or health information in the evaluation of an applicant for coverage, typically for life or health insurance. As part of the underwriting process, an individual's health information may be used in making two decisions: whether to offer or deny coverage and what ...

  7. Guaranteed investment contract - Wikipedia

    en.wikipedia.org/wiki/Guaranteed_investment_contract

    A guaranteed investment contract (GIC) is a contract that guarantees repayment of principal and a fixed or floating interest rate for a predetermined period of time. Guaranteed investment contracts are typically issued by life insurance companies qualified for favorable tax status under the Internal Revenue Code (for example, 401(k) plans).

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