Before issuing life insurance coverage, insurance providers typically require you to undergo a medical underwriting process to determine risk factors and set premiums accordingly. The process generally entails a thorough review of the applicant’s medical history. If you’re deemed high-risk, the insurer may deny you coverage altogether. This is where guaranteed issue life insurance comes into play. Also referred to
Life insurance eliminates financial uncertainty associated with the death of a breadwinner. If you work for the federal government, you should consider getting this financial safety net through Federal Employees’ Group Life Insurance (FEGLI). The program lets you select the right amount of coverage for your needs. Here’s a look at the FEGLI program and how it can benefit you