Vantis is offering the lowest cost guaranteed issue life insurance plan on the market today. A number of companies compete in this market such as AARP via NY Life, Gerber Life, Mutual of Omaha and others. Vantis currently has lower pricing than all of them.
The plan is a true guaranteed issue life insurance offering as it does not have any questions to answer and they do not conduct a phone interview. The plan in available in most states including NY. It is offered to people ages 50 to 80 with face amounts from $5,000 to $20,000. Because of its whole life platform, the plan does offer a cash value which runs about 40% of paid premium after 6 years.
The rates hold up against non guaranteed final expense plans that ask health questions. This plan is ideal for anyone with major medical conditions looking for life insurance. Agents and brokers can also offer this plan to their clients. As with most guaranteed issue contracts, the plan does have a 2 year graded benefit.
Rates have been attached for review