Should I buy regular life insurance or new exam life insurance?

That depend son your situation.

A regular life insurance policy may require you to take am physical examination and wait up to 4 to 6 weeks to find out if you are accepted and receive your life insurance policy.

A no exam life insurance plan offers you the option of getting life insurance without the hassles and delays of taking a medical exam. You can apply completely online, get approved, and start your life insurance coverage today.

The drawback with no exam life insurance is that it may cost more than fully underwritten life insurance requiring a medical exam. However, some no exam life insurance policies are only around 10% higher in premium, if that. It depends on your age, health, and the insurance company.

Some no exam life insurance policies offer up to $499,000 of life insurance coverage, and you may purchase no exam life insurance from more than one insurance carrier.

Here's how you can compare no exam life insurance plans.