What is guaranteed coverage amount for life insurance?

What is guaranteed coverage amount for life insurance?

between $10,000 and $25,000 Coverage Caps Guaranteed issue life coverage amounts available are usually very low, often between $10,000 and $25,000. Because of the low amounts of coverage, guaranteed issue life insurance is often purchased to cover only final expenses, such as a funeral, medical bills and small debts. Jul 14, 2020