RAPIDecision® Guaranteed Issue
RAPIDecision® Guaranteed Issue is permanent whole life coverage available up to $20,000 for individuals age 50-85. Policy issuance does not require a medical examination nor answers to any health questions. As a result, the policy requires no underwriting and all applicants within the age requirement can be approved.
As permanent whole life insurance, the policy provides for the accumulation of cash value. There is a reduced death benefit in the first three years of coverage, with full coverage beginning in year four. Premiums and coverage amounts are guaranteed to remain level for the life of the policy.