%3Ch1%3EGuaranteed%20Acceptance%20Life%20Insurance%3C%2Fh1%3E%3Cp%3EIf%20you%20haven%E2%80%99t%20been%20able%20to%20get%20affordable%20life%20insurance%20because%20of%20your%20health%2C%20habits%2C%20or%20family%20medical%20history%2C%20Guaranteed%20Acceptance%20Life%20Insurance%20is%20an%20option%20you%20should%20consider.%0D%0A%3C%2Fp%3E%0D%0A%3Ch2%3EWhat%20is%20Guaranteed%20Acceptance%20Life%20Insurance%3F%3C%2Fh2%3E%0D%0A%3Cp%3E%0D%0AGuaranteed%20Acceptance%20Life%20Insurance%20offers%20protection%20for%20high-risk%20individuals.%20With%20Guaranteed%20Acceptance%20Life%20Insurance%2C%20the%20insurance%20company%20asks%20no%20health%20questions%20and%20requires%20no%20physical%20exam.%20In%20addition%2C%20your%20insurance%20cannot%20be%20canceled%20as%20you%20grow%20older%2C%20nor%20does%20the%20premium%20increase.%0D%0A%3C%2Fp%3E%0D%0A%3Ch2%3EThe%20Downside%20of%20Guaranteed%20Acceptance%20Life%20Insurance%3C%2Fh2%3E%3Cp%3E%0D%0A%0D%0ABecause%20insurance%20companies%20are%20taking%20a%20bigger%20risk%20when%20they%20offer%20Guaranteed%20Acceptance%20Life%20Insurance%2C%20they%20set%20limits%20on%20your%20benefits.%20For%20example%2C%20most%20companies%20limit%20the%20amount%20of%20insurance%20you%20can%20buy%2C%20usually%20offering%20no%20more%20than%20%2420%2C000.%20However%2C%20you%20can%20buy%20Guaranteed%20Acceptance%20Life%20Insurance%20policies%20from%20multiple%20insurance%20companies.%20This%20allows%20you%20to%20build%20up%20a%20higher%20death%20benefit%20than%20you%20can%20get%20in%20one%20policy.%0D%0A%3C%2Fp%3E%0D%0A%3Cp%3EAnother%20possible%20downside%20to%20Guaranteed%20Acceptance%20Life%20Insurance%20is%20that%20your%20benefits%20may%20be%20limited%20for%20the%20first%20few%20years%20of%20your%20policy.%20For%20example%2C%20if%20you%20die%20in%20the%20first%20year%20of%20your%20policy%2C%20your%20beneficiary%20may%20receive%20only%20a%20return%20of%20the%20premium%20plus%205%20or%2010%25%20interest.%20The%20second%20year%2C%20the%20benefit%20could%20be%2050%25%20of%20the%20total%20benefit%2C%20while%20in%20the%20third%20year%2C%20the%20total%20benefit%20becomes%20available.%3C%2Fp%3E