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• Know How A Guaranteed Life Insurance Policy
  Works
• Has Some Limitations - The life insurance policy
  will have some limitations but otherwise it works
  fine
• Provides Graded Benefits - Consumers, who are new
  policy holders, could take advantage of certain
  graded benefits for the first 2 to 3 years
• Premiums Can Be Higher - buyer may end up paying
  more than the benefits he is likely to receive
  for death of a family member.
• Death Benefit May Be Low - maximum amount of
  benefit which a policy could offer might not be
  more than 50,000

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3
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