What is the two-year waiting period?

On guaranteed acceptance policies, if you die of natural causes in the first two years (three at Fidelity Life), your beneficiary receives your premiums back plus interest — 110% of premiums at Mutual of Omaha and Great Western, premiums plus 10% at Gerber — rather than the face amount. Accidental death pays in full from day one. Final expense policies with health questions usually have no waiting period.

Can I get coverage at 80? At 85?

Yes. Mutual of Omaha, Fidelity Life and Colonial Penn issue guaranteed acceptance to 85; Gerber and Corebridge to 80. Final expense with health questions is available to 85 at several carriers. Over 85, call us — options narrow but exist.

Does the premium go up as I get older?

No. Every carrier we quote guarantees level premiums for life on these policies. The price is set by your age when you buy — which is why buying at 65 instead of 75 saves money every month for the rest of your life.

No health questions

Guaranteed Acceptance Life Insurance

If health has closed the other doors, this one stays open. Here is exactly what you get, what you wait for, and what it costs — in large print.

Illustrative photo.

The Waiting Period, In Plain Words

Years 1–2Natural death: premiums back plus interest
Accident: full amount

Year 3 OnFull amount, any cause

From Day 1Accidental death: full amount at every carrier we list that publishes its rule

"Premiums back plus interest" means 110% of what you paid at Mutual of Omaha and Great Western, premiums plus 10% at Gerber Life, 110–120% at Corebridge. Fidelity Life's online policy uses three years instead of two. Americo steps up: 5%, 10%, then 75% in year three. At most carriers your premiums are not simply lost.

Regulators' model advertising rule says a policy with a graded benefit may not be called "low cost" or "inexpensive," and the graded benefit must be shown prominently (NAIC Model Regulation 570). That is why it is at the top of this page, not the bottom.

Carriers We Quote

Carrier	Ages	Amounts	Waiting period	Natural death during it	Accident
Mutual of Omaha (United of Omaha) Guaranteed Whole Life WA minimum $5,000; $25,000 aggregate cap; premium never increases	45–85 (NY 50–75)	$2,000–$25,000	2 years	Reduced benefit — 110% of premiums paid (per United of Omaha product page; Mutual of Omaha chart says "reduced death benefit")	Full benefit
Fidelity Life RAPIDecision Guaranteed Issue Not in NY or WY (Fidelity Life does not do business there); sold through our InstaBrain tool	50–85	Up to $25,000	3 years	Reduced benefit in years 1–3	Full benefit
Gerber Life Guaranteed Life Not in MT; SD max $15,000; builds cash value	50–80 (NY to 75)	$5,000–$25,000	2 years	Premiums paid + 10%	Full benefit
Corebridge Direct (American General) Guaranteed Issue Whole Life Chronic- and terminal-illness riders included; not NY/ME	50–80	$5,000–$25,000	2 years	110–120% of premiums paid	Full benefit from day 1
Colonial Penn Guaranteed Acceptance Rates start at $9.95/mo per unit; one unit may be a few hundred dollars of coverage at older ages	50–85	Sold in "units" (benefit per unit falls with age)	2 years	Limited benefit	Not stated on carrier page
Great Western Guaranteed Assurance Not in WA	40–80	$1,000–$40,000	2 years	110% of premiums paid	Full benefit
Americo Eagle Guaranteed Year 4 and after: 100%	50–80	$5,000–$10,000	3 years (graded)	Year 1 premiums + 5%; year 2 + 10%; year 3 75% of face	Full benefit (included at no cost)
CICA Life Superior Choice GI Agent guide figures	0–85	$1,000–$30,000 (to age 70); $1,000–$10,000 (71–85)	2 years	110% of premiums paid	Optional rider doubles face

Compiled Oct 22, 2026 from Mutual of Omaha, Fidelity Life, Gerber Life, Corebridge Direct, Colonial Penn, Americo and agent guides in our library. The carrier's application controls.

What It Costs

Monthly Premium For $10,000, By Age

Age	Mutual of Omaha Man	Mutual of Omaha Woman	Gerber Life Man	Gerber Life Woman
50	$40.20	$30.40	$44.09	$34.47
60	$56.90	$42.70	$63.89	$51.06
70	$86.70	$63.90	$99.18	$75.53
80	$157.10	$126.90	$247.32	$176.37

Mutual of Omaha rate chart (CA); Gerber Life consumer brochure.

Guaranteed Acceptance Vs A Few Questions

Annual premium, $20,000, 60-year-old woman. Source: NerdWallet, Sept 2026. If you can answer the questions, final expense costs $264 a year less and has no waiting period.

Who It Is Right For

Declined for final expense in the last two years
In treatment for cancer; on dialysis or oxygen; heart failure; dementia
Stroke, heart attack or major surgery within the last one to two years
HIV, organ transplant, or a terminal diagnosis
Over 80 and unable to pass the questions

Everyone else: ask for a final expense quote first. We do this automatically.

Get Covered Check Eligibility By Age & State

However you like to do things

Three Ways To Get Covered

Talk To A Person

A licensed agent, ten minutes, no pressure. We check whether you can get a policy with a few health questions and no waiting period before offering one with a waiting period. Business hours, Eastern time.

Call 561-816-3446

Ask For Options By Text Or Email

Tell us your age, state and the amount you have in mind. A licensed agent sends the options — including the price difference between answering a few health questions and answering none.

Ask For My Options

Apply On My Own, Online

Open our carrier tool, answer a few screens, get a decision. The waiting period, if any, is shown before you sign.

You will leave this site for a carrier tool. Rates shown there are estimates until the carrier confirms. Agent of record: Phamella Bauer (NPN 22053821), NovaVida Group.

Final Expense Whole Life · Fidelity LifeA few health questions · no exam · full benefit from day one if approved · usually the better price. Start here.

Apply — Final Expense

Guaranteed Acceptance Whole Life · Fidelity LifeAges 50–85 · up to $25,000 · no health questions · three-year graded benefit for natural death; accidents pay in full · not NY/WY

Apply — Guaranteed Acceptance

Mutual of Omaha, Gerber Life, Corebridge and the other carriers we represent are quoted by an agent — call 561-816-3446.