To secure or not to secure...

... That is the question ! So,

Some people may not have any option other than to go for a secured loan, such as those with a bad credit rating. If you have bad credit then the chances are that you will not be offered any unsecured finance because the risk is too high to the lender. However, if you have equity in your home then there is a good chance that you can get a secured loan, because the collateral that you provide (i.e. your home) acts as security to the lender.
Other people may have no other option than to opt for an unsecured loan, such as those who do not own their own property, or those with no equity in their home. However, in order to get an unsecured loan you will have to have pretty good credit, as otherwise most lenders may reject your application.

Reno Charlton

Guaranteed Issue & Health Insurance

Guaranteed Issue life Insurance Some companies specialize in offering policies advertised as guaranteed issue life insurance. These companies will issue life insurance policies with no required physical exam. Typically, the companies do require the insurance applicant to answer questions, that may lead to denial of coverage. However, there are companies that will offer coverage with no exams and no questions. Generally, this type of policy will only cover funeral expenses. It is difficult to find any guaranteed issue policy that will provide coverage over $15,000 to $20,000. These policies also tend to have high premiums, which can end up exceeding the benefit amounts. The policies will usually have a graded benefits clause under which the benefits are limited in the event that the insured dies within two or three years of obtaining the policy. Graded benefits clauses are intended to prevent people from signing up for a policy when they are literally on their deathbed, and then having the full policy death benefit paid to their estates.