Guaranteed Issue Life
Guaranteed Issue Life is a multi-life employer-sponsored program that provides simplified underwriting with no medical exams or questions. This program is designed to supplement group life insurance offerings when the existing plan limits are insufficient for highly compensated employees, or when a company wants to carve out an executive class and offer more substantial benefits for attracting and retaining top talent.
- Simplified Assessment
- No medical exams or questions required, making the process quick and easy for both the company and executives.
- Enhanced Executive Benefits
- Provides a more robust life insurance plan for top executives, filling the gap where group plans may fall short.
- Attract and Retain Talent
- Strengthens recruitment and retention efforts by offering valuable benefits to key leaders.
- Multi-Life Coverage
- A cost-effective solution for covering multiple executives under one employer-sponsored program.
- Customizable Coverage
- Tailored options to meet the specific needs of highly compensated employees or executives.
- No Medical Underwriting for Participants
- Executives can receive coverage without the need for medical evaluations, ensuring quick enrolment.