There are a number of guaranteed life plans currently being advertised on television, targeting those who, for medical reasons, have been declined for life insurance or have difficulty getting the amount of coverage they need.

They promise “guaranteed acceptance”, “no questions asked”, or “affordable premiums as low as $20 a month.”

While this all sounds good, there may be far better alternatives for most people who deem themselves uninsurable, hard to insure, or who simply don’t want a medical exam.

The general rule is that the fewer the questions asked, the higher the premiums. The less an insurance company knows about your health, the higher the risk they are assuming.

If you can answer just a few questions in order to save money, then why not try?

There are several non-medical plans that ask a few questions, and therefore offers much lower premiums.

Do the premiums really make that much of a difference?

Let's make a comparison using a non-smoker male who can only pay $75 a month:

• At age 65, the “guaranteed acceptance” insurance offers him a $7,600 death benefit.
• Instead, he could answer just a few medical questions and be approved for the same amount at only $44.46 a month.
• That’s a savings of 40%!
• Or, for $75 a month he could qualify for a $13,500 death benefit.
• That’s an increase in coverage by 78%!

But didn’t they say he could get coverage for only $20 a month? Yes, but the total coverage would be a mere $1,950; hardly enough to cover final expenses and ensure the family is not burdened financially.

Unfortunately, not everyone will qualify. But most people who are looking to get a guaranteed issue plan will qualify without a medical. For the rest, the “guaranteed acceptance” plan is a final resort.

Call me direct to see if you qualify. You can obtain up to $75,000 life-time coverage without a medical, and your premiums will never go up.

You can also visit the non-medical life insurance quote page to get an instant online quote.