life insurance no medical exam

Without health information, it's hard for insurance companies to assess your lifestyle and health. A higher premium offsets the higher risk that they take in offering insurance without a thorough health exam. A typical policy for life with a lower premium may be available if you have a manageable medical condition. Before you get life insurance without a medical exam, shop around and compare life insurance quotes.

These limited coverage amounts can be too expensive for many Americans to provide adequate coverage. Many families would be severely underinsured.

You can choose to have life insurance without any medical exam. The cost of this type of life assurance will vary depending on the type. You will pay more for a life insurance policy, such as a whole life or guaranteed-issue policy, than for a term policy that does not have cash value. The coverage you select will also affect the cost. You can get a quote and talk to an agent to figure out the cost of no-medical exam policy.

A majority of life insurance policies require a medical examination, including term life insurance. This allows the insurance company to accurately assess your risk and determine your premium. Life insurance may be out of reach for you if your medical condition is severe.

Many Americans are simply too busy to attend a medical check. It can be tedious and time-consuming.

Insurance companies can't assess your health and lifestyle without health information. The higher premium they charge compensates for the greater risk of offering insurance without conducting a thorough medical exam. If you have a manageable condition, a typical policy for life may offer a lower premium. Compare life insurance quotes before you decide to get life insurance.