guaranteed issue

Guaranteed issue refers to a policy provision ensuring that certain types of insurance, such as health or life insurance, cannot be denied to applicants based on their health status, medical history, or other factors. This means that once an individual applies and meets basic eligibility requirements, they are automatically accepted, regardless of pre-existing conditions or risk factors. The purpose is to promote access to essential coverage for everyone, especially those who might otherwise be excluded due to health issues, making insurance more inclusive and fair.