What are the benefits of a guaranteed issue whole life insurance policy?

There are a lot of reasons people go with Guaranteed issue whole life policies.

Yes. You are able to choose multiple beneficiaries.

This policy option is best for people over the age of 65 years old.

There’s a good chance it’s not enough. Additionally, the coverage typically won’t last if you leave the company.

Accidental death insurance only provides coverage in the event of a covered accident.