Guaranteed Issue Rights

Published: | Updated: January 6, 2018

Definition - What does Guaranteed Issue Rights mean?

Guaranteed Issue Rights (also known as Medigap protections) is a law that prohibits American insurance companies from declining to sell additional health insurance to a person who has Medicare or any of its variants.

Insuranceopedia explains Guaranteed Issue Rights

Under the Guaranteed Issue Rights law, insurance companies cannot deny coverage to a person with Medicare who wants to buy health insurance, even if they have prior health conditions. The company is also forbidden to charge more for prior conditions.


How Well Do You Know Your Life Insurance?

The more you know about life insurance, the better prepared you are to find the best coverage for you.

Whether you're just starting to look into life insurance coverage or you've carried a policy for years, there's always something to learn.

Share this: