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Presidential Life
 
The Graded Benefit Life policy offers individuals who are either very highly rated or uninsurable and unable to obtain life insurance at standard rates an opportunity to obtain permanent, non-participating whole life coverage on a guaranteed issue basis. Death benefits under the policy are limited in the event of death from other than accidental causes during the first two or three policy years, depending on age at issue and state of residency.

Guaranteed Issue -  Face amounts up to $50,000

No medical questions
 
No medical examinations
 
No medical tests

Policy Benefits

The policy death benefit is the full face amount of the policy, except during the first two or three years as described below:

Issue age between 40 – 64

Benefits payable during the first 3 policy years, (2 years in WV) are limited to the premiums paid plus 5% compounded annually except when death results from accidental causes wherein 100% of the benefit is paid.

Issue age 65 or older

Benefits payable during the first two policy years are limited to premiums paid plus 5% except when death results from accidental causes wherein 100% of the benefit is paid.

Accidental Death

If death during the applicable 2 or 3 year limited-benefit period results from accidental causes, the policy death benefit will be the premiums paid plus 5% compounded annually plus an addition sum equal to the policy face amount. 
 
 
 
 

Guaranteed Issue Life Insurance
 for many of your
Uninsurables

GUARANTEED ISSUE MEANS:
NO MEDICAL QUESTIONS WHATSOEVER ON APP!


NO Medical Exams YES Jet Issue
NO Doctor Reports YES Issue Ages 40-80*
NO MIB YES Issue Limits $2K-$50K (All Ages)
NO Blood or Urine YES Guaranteed Premiums
NO Telephone Interviews YES Work Directly with Home Office



*