Yes, the life insurance exam you take when you are buying life insurance may take samples of your blood or urine to be tested for several health issues, as well as, testing for the presence of prescription and illegal drugs in your system.

Some of the drugs they may test for include cocaine, methamphetamine and marijuana, among others.

If you do not use any drugs but the testing showing a positive for drug use, it may be a false positive. You can contest the test results by contacting the insur...
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Life insurance is a contract between an individual and a life insurance company.

The insured person agrees to pay a premium to the insurance company in return for the life insurance company promising to pay out a death benefit to the insured person's beneficiary of choice upon the death of the insured person.

The life insurance policy may include specific exclusions for which the death benefit will not be paid out, for instance, if the insured person were to commit suicide within 2 years of pur...
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A 15 year term life insurance policy usually has the following features:

1. A set premium for 15 years.
   
2. A set death benefit for 15 years.
   
3. No cash value.
   
4. Only pays the death benefit if the insured person passes away during the 15 year term of the life insurance policy.
   

A 15 year term life policy may offer the option of renewing your coverage at the end of the term for an increase in premium.

Here's how you can learn more and compare 15 year term life insurance premiums toda...

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Yes, there are life insurance carriers that offer whole life insurance plans without requiring the applicant to take a health exam.

However, the amount of coverage available may be limited based on your age and health.

Some carriers offer single premium whole life insurance with no exam but the minimum premium may be a one-time payment of $10,000.

In addition, there no exam whole life insurance plans with guaranteed acceptance for people age 45 to 85. These plans are often used as a means of pro...
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What does life insurance cost for someone who smokes?

Life insurance for a smoker will cost between 2 to 3 times more than it does for a No-smoker for most medically underwritten life insurance policies.

If you are purchasing a No Exam life insurance plan (especially if a small, permanent, final expense life insurance policy), the rates for smokers may be only slightly higher than for non smokers.

Someone who uses tobacco other than cigarettes, for example, chewing tobacco, daily cigars, or ni...
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