Guaranteed Life Insurance can refer to Guaranteed Issue Life Insurance. In that case, it is a policy that has no health questions and cannot be declined for health reasons. Guaranteed Issue Life Insurance does have age limits.
Guaranteed Life Insurance can also refer to a policy with premiums that are guaranteed not to go up, and face amount that is guaranteed not to go down, for the duration stated in the policy.
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Guaranteed Life Insurance can also refer to a policy with premiums that are guaranteed not to go up, and face amount that is guaranteed not to go down, for the duration stated in the policy.