No Exam Insurance with Foresters
Quick Summary: Foresters has an great no exam product that includes excellent living benefits at no extra cost. The highest health class available is Standard and the rates are very competitive for the value you receive. Very fast underwriting, you'll have an answer within minutes.
Skip the Exam
See our in-depth guide about life insurance without the medical exam. Compare more than 20 of the top companies and policies. Find out which is right for you today.
About the Company
Foresters has roots all the way back to 1834 selling insurance and financial products in the United States, Canada, and the U.K. Their real focus has always been on the customers and not shareholders as they participate in a range of programs to help the community.
With over $9 billion in assets under management, Foresters is on solid financial footing. The industry standard rating agency, A.M. Best. assigns them an "A" which is considered extremely strong.
Foresters offers a range of life insurance products including term, universal, permanent, and final expense. With a strong reputation and financial strength, Foresters is a good bet to be around a long time and pay out any death claims.
About the Policy
Product Name
Your Term
Coverage
$50,000 to $400,000
ISSUE AGE
18 to 80
TERM LENGTH
10, 15, 20, 25, 30 years
Product Name
Your Term
COVERAGE
$50,000 to $400,000
ISSUE AGE
18 to 80
TeRM LENGTH
10, 15, 20, 25, 30 years
Underwriting Process
Their underwriting is Fast
Like most no exam carriers, Foresters will rely heavily on information obtained electronically. This includes but is not limited to:
- Motor Vehicle Report
- Prescription Database
- Medical Information Bureau
The MIB is like a credit bureau but for health information compiled from insurance applications.
For example: If you previously were denied for life insurance because of very high cholesterol levels, Foresters (or another company) will see and know this based on the MIB database check.
Application Questionnaire
Be prepared to answer questions about your medical history that include details about:
- Alcohol Usage
- Arthritis
- Benign Prostate
- Cyst, Lump, or Tumor
- Diabetes
- Digestive System Disorders
- Drug and Substance Usage
- Epilepsy and Seizure Disorder
- Heart Murmur
- High Blood Pressure/Hypertension
- Kidney and Urinary Disorders
- Lupus
- Mental Health
- Respiratory Disorders
- Sleep Apnea/Sleep Disorder
Decision Time
- Alcohol Usage
- Arthritis
- Benign Prostate
- Cyst, Lump, or Tumor
- Diabetes
- Digestive System Disorders
- Drug and Substance Usage
- Epilepsy and Seizure Disorder
- Heart Murmur
- High Blood Pressure/Hypertension
- Kidney and Urinary Disorders
- Lupus
- Mental Health
- Respiratory Disorders
- Sleep Apnea/Sleep Disorder
Decision Time
Foresters underwriting on their simplified issue is fast and simple. A decision will be given within 15 minutes. You either qualify or you don't. They will never request an APS.
Pros
Good riders included at no extra cost with additional options if you want them.
Has a rare 25-year term option not common for non-med carriers.
Fast underwriting, never need medical records.
Cons
Only have up to Standard health class
Extras and Options
In the base policy, Foresters includes the following riders. These are better than most no exam policies.
- Common Carrier Accidental Death Benefit Rider
- Family Health Benefit Rider
- Accelerated Death Benefit Rider
At your choice, you may add the below riders to customize the policy to your needs:
- Accidental Death Benefit Rider
- Children's Term Rider
- Disability Income Rider
- Waiver of Premium Rider
Forresters allows conversion to one of their permanent policies without having to show evidence of insurability. This can be done before the earlier of the policy anniversary after age 65 OR the initial term period minus 5 years.
Cost
Price is not the only consideration, as Foresters does include nice benefits that other no medical policies do not. They are very competitive considering what you get in return but if price is your main concern, you kind find cheaper no exam term life.
Sample No Medical Quotes - Foresters Life Insurance
40-year-old male at Standard health class - pricing listed is per month
Death Benefit | 10 Year | 15 Year | 20 Year |
|---|---|---|---|
$50,000 | $13 | $15 | $17 |
$100,000 | $20 | $25 | $29 |
$250,000 | $42 | $53 | $62 |
35-year-old female at Standard health class - pricing listed is per month
Death Benefit | 10 Year | 15 Year | 20 Year |
|---|---|---|---|
$50,000 | $14 | $17 | $21 |
$100,000 | $22 | $29 | $36 |
$250,000 | $44 | $63 | $80 |
Use the quoter to see the premium you'll pay for a Foresters no medical exam policy.
How to Find the Best No Exam Policy
Shopping for life insurance is much more than just comparing quotes online. Yes, our quoter will show you many options but so will many other websites. Everyone has the same rates.
Let me tell you something...
There is no "best" or "top" life insurance company. It's different for everyone. Your needs and wants on policy specifics + your own medical history will determine which insurer is the right one for you.
The best way to do this is to work with an independent agency that is:
No Pressure. No Cost.
You're in luck:) 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.
Life insurance rates are fixed by law so there is no additional cost to use our service and expertise. We would be grateful to help you put protection in place for those you love.
