All about life insurance without taking a medical examination.
Time, convenience, and fear of blood or needles are some of the main reasons please today are choosing to skip the exam.
What’s great is:
It doesn’t cost as much as it used to. Advancements in underwriting have brought the costs of premiums down, while the speed of underwriting and approvals has gone up. If you are looking for $1 Million or less in death benefit, you can get quickly approved by a strong, reputable, life insurance carrier without paying high rates.
There is still underwriting but it’s primarily done with a series of electronic database checks that are fast.
Today many carriers offer up to $500,000 face amount and you can easily combine policies from multiple companies if you need higher. Some companies now even offer the SAME rates as their fully underwritten policies where an exam is needed.
Keep in mind:
If you haven’t been to your doctor in a while, you could actually end up paying MORE if you take the paramedical exam.
The reason is, it’s hard to know if the levels such as cholesterol or blood pressure may have risen since your last checkup. Sure, you may feel great, but just a few points higher could bump you down an entire health classification and this means much higher premiums.
We’ve written more than 20 articles dedicated to finding the best coverage without needing a medical exam.
It can be done and it’s easier than ever.
Quick Summary: Fidelity is among the best for digital underwriting with no physical. They do it very fast and never need to see your doctor’s records. Overall, their no exam product is lacking and most people can find better. The pricing is…
Shortcut: If you are just looking for quotes, please select “Mutual of Omaha -Term Life Express” in the quote results from our form on the left or above (mobile) To learn more about our review Mutual of Omaha no exam life insurance, please continue reading. Quick Summary: Mutual of Omaha is an extremely strong well-known company […]
There are many reasons why you may want to skip the intrusive medical exam when applying. Fortunately, you can still get a reasonably priced life insurance policy from a reputable company and do it without the pesky exam…
You don’t need ALL of the below to apply to you. But if ANY of these 11 situations sound familiar, you will want to at least consider a no medical exam life insurance policy….
There are 4 main types of life insurance policies that fall under the “no exam” umbrella. None of them require a medical exam. However, they are very different from each other and each type fills a specific need….
Your application for life insurance will consist of specific questions about your medical history and sometimes that of your family. Since these policies do not rely on the results of a paramedical examination, expect the….
These topics don’t get much discussion when it comes to no medical exam insurance but they ARE still important. Below we’ll discuss some common pitfalls to watch out for and how these relate specifically to shopping for no exam life insurance…..
Let’s explore a few situations when it makes sense to take the medical exam: 1)You regularly smoke cigarettes or use tobacco products 2)You have a complex or unique medical history….
Life insurance can be confusing. With that confusion comes common misconceptions.I n talking with clients, we continually run into a few of the same myths…
Yes, most people will pay a little more for the convenience of skipping the medical exam. But I have some good news. It’s not nearly as much as you think if you apply at the right company….
Transamerica is a very strong company that is well known. Price is middle of the pack compared to other no exam options. Nice included benefits and will look favorably on certain medical conditions. Not a company we…
Foresters is a solid company but for no exam life insurance, most people can find better options. They don’t offer short terms (10 or 15 year) and are priced on the high side. Standard health class is the