When you are about to take out a final funeral insurance policy you would be confronted with two varieties of final expense insurance:
They two varieties are Simplified issue and Guaranteed issue
Simplified issue
With this one you won’t have to take a medical exam which isn't ever requested by any insurance company but you will, have to answer questions based on the condition of your health
The thing is when applying for funeral insurance you should know that you wouldn't be eligible for a simplified issue funeral insurance plan if you have heart disease.or cancer since these are terminal diseases.
Guaranteed issue funeral insurance plan
This funeral expense insurance plan is for everyone, therefore doesn't need one going through any medical exam or taking part in any health interview. This means that it is guaranteed for you to be given the plan or policy without any hesitation. So with any health conditions you can buy your policy. As always you would have to pay more when you go for this plan.
What do you think about this? Which of the two would you want to opt for?
They two varieties are Simplified issue and Guaranteed issue
Simplified issue
With this one you won’t have to take a medical exam which isn't ever requested by any insurance company but you will, have to answer questions based on the condition of your health
The thing is when applying for funeral insurance you should know that you wouldn't be eligible for a simplified issue funeral insurance plan if you have heart disease.or cancer since these are terminal diseases.
Guaranteed issue funeral insurance plan
This funeral expense insurance plan is for everyone, therefore doesn't need one going through any medical exam or taking part in any health interview. This means that it is guaranteed for you to be given the plan or policy without any hesitation. So with any health conditions you can buy your policy. As always you would have to pay more when you go for this plan.
What do you think about this? Which of the two would you want to opt for?