Term life insurance policies usually requires the applicant for life insurance to take a health examination which is paid for by the insurance carrier.
Usually, you would need to take a life insurance health exam for any of the following reasons:
- Over Age 30
- Over $50,000 of Life Insurance
- Declined by Other Life Insurers
- Use Prescription MedicationUse Tobacco
- Have a Pre-Existing Health Condition
- History of Drug or Alcohol Abuse
- Poor Driving Record – DUI’s
Keep in mind, taking a medical examination may help you qualify for a more affordable term life insurance policy compared to no exam term life plans that may charge higher rates because they may end up insuring some applicants who might not otherwise qualify for coverage if they had to take an exam.
To learn more, read this article:
Is a Physical Required for Term Life Insurance Coverage?
