FAQs | Cloudbind Insurance

Q: Can I get coverage even if I have medical issues?

Yes! Anyone can be covered. Benefits are however only paid out as long as you don’t pass away within the first two years of the policy being issued.

Q: What is “guaranteed issue” insurance?

Guaranteed issue means just that, you are guaranteed to be approved as long as you are between the ages of 50 and 80. Simply run a quote and provide basic information and you are covered.

Q: How do I know if I qualify?

Salary Shield is eligible for clients age 18-55. There is no medical exam or telephone interview required and the digital application takes as little as 5 minutes. We use data and analytics to determine your premium and get you the most competitive price.

Q: How does the benefit work with Salary Shield?

Rather than a lump sum, which can be hard for some beneficiaries to manage, Salary Shield pays your beneficiaries a monthly salary up to $7,000. The length of time the benefit is paid is based on your age and when you die but starts at 30 years worth of payments.

Q: How do I know if I’m eligible for coverage?

If you’re between the ages of 18 and 55 you may be eligible for coverage. Our digital underwriting is based on your answers to the questions on your application and data and information, rather than an invasive medical exam. The best way to find out if you’re eligible is to run a quote and start an application. There’s no cost to apply. Over the age of 55? Check out our product options in the Final Expense section.