Are there life Insurance plans available without any health questions asked? Yes, there are two types of no question life insurance plans: Accidental Death and Guaranteed Issue. Accidental death insurance offers up to $250,000 or more of life insurance, buy only pays out a death benefit if the insured dies from an accident covered by the policy. Whereas, a guaranteed issue life insurance policy covers death resulting from accidents and natural causes, including old age, illnesses and disease. Usually, guaranteed life insurance is offered for people ages 45 to 85. if you meet the age requirements for approval, you cannot be turned down.