No exam life insurance is a type of policy that does not require you to take a medical exam. In addition, there are no blood or urine tests necessary to qualify.
However, there are some health questions to answer on the application. Always answer all questions truthfully so any claims will not be denied based on misleading statements made on your application for life insurance.
Usually, no exam life insurance plans are offered for $25,000 up to $500,000 of coverage. Most plans come with a "Free Look period" of 10-30 days depending on the state you live in, and the insurer.
Among the leading insurers offering no exam life insurance plans are HSBC, RBC Insurance, Garden State Life, Stonebridge Life, Gerber Life, and Globe Life & Accident Insurance Company.
These plans may be available for children, adults and seniors, depending on your age and health.
Make sure you understand all exclusions and limitations before choosing a plan.
Also, review the financial rating of the insurance companies (usually provided with your quotes) in order to understand the financial stability of the carriers.
Many no exam life insurance plans offer term life insurance coverage for a term of 10, 15, 20, or 30 years of protection. Make sure you understand how long your premiums are guaranteed to remain level (the same).
Learn more about life insurance with no medical exams required and review several options available.
Insurance without any Medical Exam,
Just a Few Health Questions.
