Guaranteed Issue vs. Simplified Issue: A Snap-Shot Comparison

Guaranteed-Issue, Simplified Issue
What's the difference?
Credit: Lee

There is much confusion when it comes to non-medical life insurance. Many people assume that non-medical life insurance means that there are no health questions whatsoever. Some policies do fall into this category. However, non-medical life insurance can generally be broken down into two categories:

1. Guaranteed-Issue Coverage, where there are no health questions, and no medical tests.

2. Simplified-Issue Coverage, where there are a limited number of health and lifestyle questions and there are no medical tests.

The chart below offers a snapshot comparison between the two life insurance plans:

Simplified-Issue	Guaranteed-Issue
No medical tests	No medical tests
3-15 health and lifestyle questions	No health and lifestyle questions
Face amounts can be up to $150,000	face amounts are usually limited to $25,000
Discounts to non-smokers	Smokers and non-smokers are priced the same.
Lower premiums than Guaranteed -Issue Coverage	Higher Premiums

If you have any additional questions, you can contact us at 1-866-899-4849, or visit our Non-medical Life Insurance Quote Page.

Guaranteed Issue vs. Simplified Issue: A Snap-Shot Comparison

Guaranteed-Issue, Simplified Issue
What's the difference?
Credit: Lee