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  2. Guaranteed issue life insurance - AOL

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

    Guaranteed life insurance is a whole life policy, meaning it offers coverage for your entire lifetime. When you do pass away, your beneficiaries can begin the death benefit claim process to help ...

  3. Whole life insurance

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

    Guaranteed whole life insurance usually has a low death benefit cap, often around $25,000. ... Frequently asked questions. Whole life insurance policies are designed to provide loved ones with a ...

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

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

    Guaranteed acceptance life insurance, also known as guaranteed issue or final expense insurance, does not require a medical exam or health questionnaire. This type of policy is designed for older ...

  5. Life insurance - Wikipedia

    en.wikipedia.org/wiki/Life_insurance

    Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of an insured person.

  6. Types of life insurance - AOL

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

    Death benefits for guaranteed issue life insurance are usually lower, typically maxing out at $50,000. ... A tight budget might mean term life insurance is a better fit than permanent insurance ...

  7. 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.

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