Is there Affordable No Medical Exam Life Insurance?


No Medical Exam Life Insurance Affordable No Medical Exam Life Insurance..Is there such a thing?

There are a lot of life insurance products that are available on the market and it is very important to find the best product that can match to your needs, preferences, and budget. One of the simplest and least expensive types of insurance available today is the No Medical Exam Life Insurance policy. These types of policies will likely come in more expensive as the insurance company is taking on more risk.

No Medical Exam Life Insurance Advantages

  • Simple to understand
  • Coverage begins quickly
  • No medical exam required
  • Renewable term periods
  • Possible Limites to coverages amounts
  • Premiums can be higher

People usually choose a No Medical Exam Life Insurance Policy because of its simplicity. There are no medical exams and issuance is quicker.

Because of this simplicity, this is one of the most popular forms of insurance being issued today. It is a perfect option for people who want life insurance but are on a limited budget although they are not the least expensive policies.  And you maybe limited to how much coverages you can get.  If you want a No Medical Exam Life Insurance Policy,  you will want to call us.  We go through certain carriers that we know give the best rates specifically for no medical exam polices.  Even if your looking for High Risk Life Insurance providers we can help.

No Medical Exam Life InsuranceNo Medical Exam Life Insurance quotes are also very popular because the process is relatively quick and easy. All you have to do is answer a few simple questions.  Other forms of insurance require weeks or months to process your application because the insurance companies need the result of your medical check up before they can approve your life insurance application. Most companies are able to finish your term life insurance with no exam application process within 48 hours. Because of that reason, no exam term life is very suitable for people who want to get insurance without any complicated processes.

No Medical Exam Life Insurance Renewal Process

A term life insurance with no exam policy can be renewed. The renewal process is also very simple. All you do is complete the renewing application for the specified term. If you decide that a term life policy is no longer meeting your needs, you can cancel your policy and select other types of life insurance.

Insurance Companies offer Term life insurance companies offer quotes and spread the risk among a larger pool of individuals.  So you may think that not getting a medical exam is risky for them.  They see it a different way.  They spread the risk over a larger group of people who are also paying premiums.  They bet that the chance of multiple people dying at the same time is pretty slim.  They will also likely charge you high premiums for the additional risk.

Better Rates if you opt for the Medical Exam

Some times its just a matter of not wanting to go through an exam.  Lets look and see what a tyical exam covers and maybe it can change your mind.

A basic Life Insurance Medical exam is just like a typical annual check up:

  • General Health Questions
  • Blood Sample for general blood work
  • Urine testing
  • Blood Pressure
  • Sometimes it can go more indepth testing (looking at your functions with EKGS etc)

You have plenty of options to choose from.  We recommend that you contact us or call to get a list of Affordable Term Life Insurance Quotes for this particular product since we deal with specific companies for no medical exam life insurance policies.

Related articles: Learn about the different types of life insurance policies and the factors that influence term life insurance rates.

This article is for informational purposes only and does not constitute financial advice.  Before purchasing life insurance, we recommend you read the policy and speak with a financial professional before making a decision.

Term Life Insurance Speights Risk ManagementOur family business was established over 40 years ago to help protect families & businesses by providing sound Risk Management strategies. Feel free to call us at 1-401-884-4600, contact us via email or click the Send Voicemail link at the top of the page.

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