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Guaranteed Issue

In group insurance, this is the maximum amount of insurance that will be issued without the need to provide evidence of insurability.

If the group is acceptable, the insurance company dispenses with individual underwriting (For example, a whole life policy may offer a guaranteed amount of 20,000 for applicants under age 35.) The guaranteed issue feature reduces policy issuing costs and premiums.



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Invest & Protect LTD
45 Market Street
Wirral
Cheshire
CH47 2BQ

Tel 0800 083 60 50

Fax 0151 632 2117

email:
info@life-ins.co.uk

Office Hours
9am - 5pm