Traditional life and critical illness insurance policies provide essential security for your loved ones. However, if health conditions have made obtaining coverage a challenge, there are now new options designed to ensure you’re not left without protection.
Two innovative types of insurance have emerged:
- Guaranteed-Issue Insurance: Offers coverage with no medical questions required.
- Simplified-Issue Insurance: Provides coverage based on a short health questionnaire.
If you’ve faced difficulties due to past health issues like a cancer diagnosis, heart disease, diabetes, mental health conditions, recreational drug use, or even a driving record, these options could be the solution you’ve been searching for. They offer an opportunity to safeguard your financial future and provide reassurance for your family.
While these policies may come with higher premiums compared to traditional insurance, they simplify the process by removing the need for full medical underwriting. This makes obtaining coverage faster and more straightforward. Still, it’s important to review the benefits, coverage levels, and waiting periods to ensure they align with your needs and budget.
Guaranteed-issue and simplified-issue insurance products are valuable tools for securing coverage tailored to your situation. They strike a balance between cost and value, giving you confidence and peace of mind as you navigate life’s uncertainties.
If you think one of these options might be right for you, schedule a meeting with Denis today to explore these options.