"Simplified issue" means you answer a few questions about your medical history for the life insurance application, rather than undergoing a medical exam. "Guaranteed issue" means you don't have to answer any medical questions or go through a medical exam. You qualify for coverage, regardless of your health.
Simplified issue life insurance is fast, easy and affordable, and it offers: Guaranteed level premiums for the life of the policy. Coverage that will remain in force as long as your premiums are paid on time.
Applying for simplified wholelife insurance is basically broken down into just 7 steps: you determine your coverage needs, get quotes, apply, give additional health details if required, have your final rate determined, approve your policy, and get insured.