Life Insurance Term No Medical Exam

The first one that we will look at is the rapid decision express policy.

Life insurance term no medical exam. No exam life insurance. The maximum coverage most companies offer for a no medical exam term policy is 1 000 000. Fidelity strictly offers no exam term life insurance. New york life s simplified term life insurance policy offers no medical exam coverage of up to 100 000.

Choose 2 500 up to 20 000 of coverage. American amicable life insurance company of texas specializes in no physical life insurance. 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. You can buy term whole or universal life insurance without taking a medical exam.

At first glance this type of insurance may appeal to you. Many people have a real fear of doctors and anything doctor ish. Note that the minimum policy amount is 10 000. You have to be between the ages of thirty and seventy four to qualify.

Sample no medical term life premiums american national. In addition to the no exam term product they have a whole life policy for up to 150 000 that does not require a physical examination either. 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. There s no medical exam and no health questions.

If you don t qualify for fully underwritten life insurance but need more than 50 000 in coverage your best option is a no medical exam term life policy. Metlife offers guaranteed acceptance final expense life insurance for people age 45 to 75. You can buy one of these policies in lengths of 10 15 20 and 30 year terms. With term life insurance you buy a policy for a set number of years and pay the same amount each month.

You cannot be turned down. One way insurance companies cover this higher risk is by limiting the amount of coverage they offer with no exam policies. For more info see our detailed american national no medical exam review. Rates start as low as 10 per month.

They offer both a rapid decision express no medical exam life insurance and rapid decision senior term life insurance. While a no exam life insurance plan offers you clear advantages it means higher risk for the insurer. Term policies are also among the cheapest forms of no medical exam insurance.