What is a Term Life Insurance Policy?
A life insurance policy for a given term of years, usually 10-30 years of guaranteed level premium and coverage. Term life insurance is the most affordable life insurance you can buy. Life Insurance companies determine what ages and amounts they will issue term life insurance policies for without taking an exam.
What is a Universal Life Insurance Policy?
A Universal life insurance policy is a permanent life insurance policy you keep your whole life. It cost more than term insurance because it provides lifetime coverage. The premiums and death benefit are guaranteed to remain level for your entire life. These policies are on sale now, compared to any other time in your life, because you’re younger now than you’ll ever be, and the younger you are the less universal life insurance cost.
Life Insurance No Medical Exam
For the first time ever you can buy up to $500,000 of term or universal life insurance without taking an exam for rates less than many fully underwritten policies. With today’s technology, highly rated life insurance companies can issue life insurance policies without taking an exam for rates lower than ever before. By eliminating the cost of the exam and doctors records, some life insurance companies can issue term life and universal life insurance policies for lower rates than most policies that require an exam.
Is a No Medical Exam Life Policy a good fit for me?
If you want to buy a life insurance policy without taking an exam. the no medical exam life insurance policy is the best fit. All other policies require an exam with blood work that takes a month or longer to issue. Many people put off buying life insurance due to the invasive exam required, but now anyone age 65 and under can apply for $25,000 to $500,000 without taking an exam. With modern technology, life insurance companies can issue policies quicker and for less money by checking with the Medical Insurance Bureau for medical information and Script-Check for prescriptions. These policies are issued for people ages 18 to 65 in less than 48 hours in most cases.
Why should I apply for a No Medical Exam life insurance policy?
In some cases not taking an exam may help you to obtain a policy that might not have been issued with an exam. When a person takes an exam for life insurance, the insurance company checks the blood for cholesterol, liver enzymes, glucose, and others that might cause a person to be rated up or declined. But when there’s no exam, there is no blood to check, which may let a policy be issued that might not have been issued with an exam.
Does no exam mean no health questions?
No, what a life insurance company means when it says there’s no exam, only means there’s no exam. There are still health questions to answer and the policy is issued based on the answers to the questions, prescriptions, and your medical history.
How do insurance companies write policies without an exam for competitive rates?
By eliminating the cost of ordering exams and medical records, life insurance companies can issue policies for lower premiums than most fully underwritten policies.
How much does No Exam Term Life Insurance Cost?
- A male nonsmoker age 35 can pay less than $26 a month for a $500,000 policy.
- A female nonsmoker age 45 can pay less than $45 a month for a $500,000 policy.
- A male nonsmoker age 50 can pay less than $52 a month for a $250,000 policy.
How easy is it to get this no medical term insurance policy issued?
Very easy, all we do is complete your basic information, then the underwriter may or may not call to ask you a few health questions. The entire process takes less than 20 minutes.
Complete the short form above to see how affordable these no exam life insurance policies are for you, then call 1-800-657-7178 to apply over the phone. It’s that easy.
Life Insurance typesFinal Expense Life Insurance
No Medical Exam Life Insurance
Universal Life Insurance
Whole Life Insurance
Term Life Insurance with Living Benefits
Indexed Universal Life Insurance
Guaranteed Life Insurance
Second To Die Life Insurance
Mortgage Life Insurance
From Our Blog
- Best Term Life Insurance Companies: Find the Best Term Life Insurance Companies
- Twelve Secrets and Tricks to Buying Life Insurance
- Tips from Dr. Daniel Amen: Looking For Your Keys? Do This NOW!
- What is a Bad Faith Disability Insurance Denial?
- Long Term Disability- Can your Benefits be Shortened by Mental Health Limitation Provisions?
Insurance OnlyOur office is located at
6400 FM 2147 ste 206
Horseshoe Bay Tx 78657