Guaranteed Acceptance Life Insurance from Canada Protection Plan (CPP) is a type of life insurance that is guaranteed issue, meaning you will not be turned down for coverage regardless of your health condition. This simple, permanent insurance solution is designed to meet the needs of individuals who may find it challenging to obtain other types of life insurance. Whether you have a medical condition or have been declined for life insurance in the past, you are eligible for this plan. Many people purchase Guaranteed Acceptance Life Insurance to cover final expenses and provide financial security for their loved ones.