About Us Famous & Spang Associates a full-service, generalist insurance agency representing many top rated insurance carriers, was founded in Aberdeen, Maryland circa 1909.

3 Pros and 3 Cons of Guaranteed Issue Life Insurance

3 Pros and 3 Cons of Guaranteed Issue Life Insurance

Guaranteed issue life insurance is often available even to people who wouldn’t qualify for most term or whole life insurance policies. While it may sound attractive to apply for a policy with guaranteed approval, there are some serious downsides to this type of life insurance as well.

Before buying guaranteed issue life insurance, consider these advantages and disadvantages.

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Contact Famous & Spang Insurance

As an independent agency, we are here to help you find the right coverage.

    Famous & Spang Insurance

    Aberdeen, MD

    200 W. Bel Air Ave.
    Aberdeen, MD 21001

    Phone: 410-272-2300
    Text: 410-449-7540
    Fax: 410-575-6927

    We write insurance solutions throughout the Mid-Atlantic Region and beyond.