life insurance no medical exam
No Medical Exam Life Insurance. What is going on here? Is this new? The way people act one would think that this is an entirely new idea. The fact is that the “no medical exam” idea is not new at all. It has been around for years. In recent years, however, some life insurance companies seem to have rediscovered the idea of providing an easier path for life insurance applicants. Thus the excitement about “life insurance no medical exam“.
It used to be that only the younger people could get life insurance without going through the entire medical examination process. They were by and large healthier so life insurance companies calculated that it was cost efficient to run through some medical questions with them and issue a policy based on their answers. They verified whatever was on the application the best they could through an inspection report.
The most popular life insurance no medical exam policies are the 10 year term, the 15 year term and the 20 year term life insurance policies. Most companies offering the policies online limit the amount they will issue to $250,000.
