A no medical exam life insurance allows the applicant to qualify for life insurance coverage without having to take a medical examination. However, there are some health questions to be answered, and your approval will be based in part on your answers to the health questions.
Normally
the premium for no exam life insurance is a little more because there is no Medical Exam required, which means some people may qualify who may not otherwise if a health exam was required.
Usually, these types of life insurance plans are issued a lot quicker than other standard life insurance policies requiring an exam.
If you are approved, you may be able to start your life insurance coverage within a few days, or even the same day you apply for your policy, as opposed to a life insurance policy that requires a health exam which can take several weeks for an answer.
So, although a no exam life insurance plan may cost more, you may start your life insurance coverage quicker, and without the hassles of taking a health exam. Learn more about no medical exam life insurance and find out if you qualify today.
