Many life insurance companies offer life insurance riders for policyholders. Life insurance riders allow policyholders to customize their policy to their needs and wants. Like a knot, they attach to your base life insurance policy.
Of course, the more you customize, the more your policy costs. Carriers charge an additional cost for some of these riders.
Yes, many riders come with an extra cost. Sometimes, the cost is worth it. Other times, it is not.
You were declined for life insurance. The agent says your only option is a guaranteed issue life insurance policy. But, the policy has a waiting period. You don’t like that. You want a guaranteed issue life insurance policy with no waiting period.
You’ve come to the right place. We can help.
John, my agent says that is impossible.
That is the usual response, but no, it is not impossible. We have 3 opportunities where people can obtain life insurance at guaranteed issue with no waiting period.