Life Insurance Policy Quotes No Medical Exam
Both whole and term life insurance no medical exam policies are available on the market today.
Life insurance policy quotes no medical exam - So if you re looking for a life insurance policy with no medical exam we ve got a shortlist of companies you might want to check out below. What is no medical exam life insurance. Medical exams are not required to qualify for affordable life insurance.
You can apply online or by phone for this policy. As the name implies no medical exam life insurance gives you the same benefits of a traditional life insurance policy all without an exam. Many people have a real fear of doctors and anything doctor ish.
You can choose coverage options from 2 years up to 20 years and coverage amounts from 50 000 to 1 000 000. At first glance this type of insurance may appeal to you. While standard life insurance policies require a medical exam and take a long time to underwrite your application no exam life insurance without a physical exam or life insurance without a health check can be obtained.
What we found is our quotes came in about 7 higher per month on average for the no exam life insurance vs. You can buy term whole or universal life insurance without taking a medical exam. One way insurance companies cover this higher risk is by limiting the amount of coverage they offer with no exam policies.
The same policy using traditional underwriting standards that involved a medical exam. A 20 year term life insurance policy for a 29 year old female in. The maximum coverage most companies offer for a no medical exam term policy is 1 000 000.
They have a long history of issuing insurance policies. What is no exam life insurance. We gathered a real quote.
While a no exam life insurance plan offers you clear advantages it means higher risk for the insurer. You can get terms of ten fifteen twenty twenty five or thirty years. However that isn t the case a true no physical exam policy does just that it doesn t require a physical but it does require the same underwriting requirements of a normal life insurance policy.
When people think of no health exam life insurance policies they often think it automatically means no underwriting and no medical history or records. Their no medical exam policy metlife rapid term life insurance offers coverage of up to 500 000. No exam insurance is a life insurance policy that does not require the insured person to take a medical exam before approval to buy the policy.
Depending on the type of life insurance policy you choose you can buy up to a 250 000 death benefit or more if you decide you don t mind taking the exam after all. The metlife web site says you ll have an answer the same day. Benzinga s guide to no medical exam life insurance can help point you in the right direction.
