Often, people receive offers in the mail for graded benefit life insurance policies and they enroll, not fully understanding what that term means.
You know you need life insurance but who wants to deal with invasive medical exams?
The term Guaranteed Issue life insurance often comes up when researching insurance options but it is rarely explained.
Most people grossly overestimate how much life insurance costs. We insure our homes, our cars, our vacations and even our cell phones. Still, the most important thing we have, our lives, goes uninsured. Are we really saying that our lives are less important than our cell phone? One of the many reasons people avoid buying insurance is because they expect the life insurance cost to be too expensive. It’s really much more affordable than you think.