buy life insurance without medical exam

Some life insurance policies do not require a medical exam. Learn about your options for affordable, no-exam coverage that is fast and easy.

No medical exam life insurance -- simplified option -- provides coverage without the need for physicals, blood tests, or urine tests. If you have pre-existing conditions or need coverage quickly, it is possible to get simplified issue life insurance. A simplified issue of term life insurance is a cost-effective and convenient option.

You can quickly get life insurance without having to go through a medical exam. You may be more likely than others to receive coverage because the application process is fast and simple. This could enable you to obtain coverage that you might not otherwise be eligible for (e.g., if your occupation is a construction worker or firefighter, driver of a racing car, etc.). However, a policy that does not require a medical exam can increase your premium and decrease your coverage.

People who just had children often use life insurance to protect their financial future. They want their children and spouse to live the same lifestyle they expect.

The price of life insurance without a medical exam will depend on which type you select. The premiums for life insurance policies such as whole life and guaranteed issue will be higher than those for term life policies, which cannot accrue cash value. The coverage you receive will affect the cost of no-exam life insurance. Get a quote or speak to an agent to find out how much you will pay for no medical exam life insurance.

You will need to adjust your life insurance requirements as you get older. Your children have probably grown up and now live their lives independently. You don't have to provide financial support for them. You might have also paid off your mortgage or other debt. This is why people over 50 see life insurance differently to what they did in 20s and 30s.

Most companies that don't sell any medical life insurance only offer $250,000.

This type of policy's premiums are typically higher than those that have a traditional health exam. You may have coverage that is between $25,000 and $300,000 depending on what your evaluation revealed. You may have simplified issue insurance written, depending on whether you have term or whole life coverage.