MetLife No Exam Life Insurance Review

Written by Ty Stewart

Shortcut: If you are just looking for quotes, they will be shown right away by filling out the form on the left or above (mobile) this article. All quotes shown will be for no exam policies. Metlife does not allow us to display their pricing in our quote tool but you can see the rate table further down this page. To learn more about our review of the Metlife no exam life insurance product, please continue reading.


Quick Summary: Metlife is a well-known name but when it comes to no exam policies, there are much better options. The approval process is quick and fast but the coverage maximum is low (100k) and the pricing is expensive compared to other companies.


Looking for no exam insurance? This is a passion of ours and we've created the best resource on the topic anywhere. Compare companies side by side and learn our opinion on the top companies and policies without needing a medical exam. If you need help, just let us know.

About the Company

In 2017, the retail life insurance sales were spun off and now sold under the Brigthouse Financial company name. For the most part, the products and pricing did not change, just the branding.

MetLife insurance company logo

150 years old and going strong, Metlife is a name most people are familiar with. A provider of insurance, annuities, and employee benefits, their $900 billion in assets land them in the top 50 on the prestigious Fortune 500 list.

Due to its strong financial footing, MetLife and Brighthouse receive high marks from industry credit rating agencies including an A from A.M. Best which is considered excellent.

About the Policy

Product Name

Simplified Issue Term Insurance

Coverage

$10,000 to $100,000

Issue Age

18 to 70

Term Length

Annually renewable up to age 90

Underwriting Process

The underwriting process with Brighthouse is quick and easy. You must answer "No" to a few questions and they will run a check of your Medical Information Bureau report. Here they can see any previous life insurance approvals or denials.

Medical Questionnaire

For example: If you were denied before by another insurance carrier because of high blood pressure, this will be shared and seen by the company taking your new application. 

The medical questionnaire is just 3 questions that you must pass by answering "No" to each one. A "Yes" answer will mean a decline for the non-med product although you can still seek fully underwritten coverage.

These questions will be:

  • Are you disabled or confined to a nursing home?
  • Have you ever tested positive for HIV?
  • In the past 2 years, have you ever been treated for (a list of serious medical conditions)

Decision Time

Due to the simplified questionnaire and electronic underwriting, most decisions will be reached the same day or the following day.

Pros

Fast approval, often times the same day.

Simple application process with just a few questions about your medical history.

Will issue new policies up to age 70.

Cons

Low maximum death benefit.

Price of premiums is expensive.

No customization or rider options.

Rates increase every 5 years with no option to lock them in for a longer term.

Extras and Options

Metlife's simplified issue product has very few options to customize the policy. You can purchase an Accidental Death Benefit rider which pays twice the face amount in the event insured has an accidental death.

Cost

Metlife's non-med premiums are more expensive than most competing products.

Rates are $1 for the first month and then increase on a set schedule ever 5 years on years ending in a "1" or "6".

MetLife no medical exam rate table for men and women

Source: metlife.com

Use our quoting tool to compare term life quotes without an exam from multiple top companies

How to Find the Best No Exam Policy

If you are considering life insurance without the exam, MetLife is one option.

But is it the best option for you? 

Recent advancements in underwriting have increased the choices for consumers while bringing the cost down. Keeping up with all the changes in the industry is not easy. You need a trusted adviser looking out for your needs.

The best way to do this is to work with an independent agency that is:

  1. Unbiased and not obligated to any particular life insurance company.
  2. ​Has access to all the top no exam products as well as some niche products for certain people/situations.
  3. Is a specialist in the no exam area.

You're in luck:) 

Helping with life insurance approvals-Climbers helping each other to climb the mountain

We do all the above and more. If you'd like to have a no pressure talk about options, please contact us or fill out the quote request form on this site.

About Ty Stewart
Ty Stewart is the founder of SimpleLifeInsure. He is an independent life insurance agent that works for his clients nationwide to secure affordable coverage while making the process simple. There is never any cost to use his services.

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