<ul><li>Guaranteed issue life insurance is a life insurance policy for which you won't be turned down.</li><li>These policies don't require medical exams or health questions to buy coverage, but they have high costs and low coverage amounts.</li><li>It can be appealing for seniors with limited income and serious health conditions who want coverage for funeral costs.</li><li>However, there are better options available like universal life insurance or whole life insurance for those who can qualify.</li></ul>

Guaranteed Issue Life Insurance: Pros and Cons

Discover more