Final Expense: Typical Final Expense policies are No-medical exam Whole Life permanent policies for older individuals and/or those that have multiple medical impairments and have difficulty getting approved through traditional underwriting.
Guarantee Issue Life: A Guarantee Issue Life insurance policy is also a no-medical Whole Life policy that has a graded benefit, meaning that for death due to natural causes (any cause other than accidental) during the first two to three years, typically, the beneficiary will receive back all premiums paid with the possibility of some interest, but not the death benefit.
Accidental Death: An Accidental Death policy is a form of term insurance policy that covers you in the case of death resulting from an accident. The application process is easy – no health questions, medical exams or occupational restrictions. Guaranteed coverage.