Whole life insurance covers you for life and builds guaranteed cash value. Participating (“par”) policies can also earn dividends. It costs significantly more than term, so it fits specific goals: covering estate taxes, leaving a guaranteed legacy, funding a buy-sell agreement or providing for a dependant for life.
Life insurance
10 min read
Updated Oct 12, 2026
Simplified vs Guaranteed Issue Life Insurance: No-Medical Options, Including Accelerated Underwriting
Simplified issue asks a few health questions and pays the full benefit once you're approved. Guaranteed issue asks none, but caps cover and usually limits the payout for two years. Accelerated underwriting skips the exam if you're healthy. Here's how to tell which one you may qualify for.
Read guide arrow_forward
