Do I have to take a physical exam in order to purchase a term life insurance policy?

That depends on your age and health, and the requirements of the insurance company.

Some reasons insurers require a physical may include:

• You are over age 30
  
• You need more than $50,000 of life insurance
  
• You smoke
  
• You have a pre-existing health condition
  

However, there are insurers that offer non medical life insurance policies, which means you won't have to take an exam to qualify for life insurance coverage.

Some li...
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