Posts
LeoGlossary: Guaranteed Insurability Option
25
@leoglossary
··
0 views
1 min read
Also known as Guaranteed Purchase Option
A rider that ensures you will be able to buy more insurance in the future as your need for coverage increases. Generally, you will be allowed to purchase additional life insurance at specified ages without having to provide evidence of insurability.
General:
Posted Using LeoFinance Beta
