permanent life insurance no medical exam

For most life insurance policies, a medical exam is mandatory. This exam can be used by the insurance company to determine your risk and establish your premium. If you have a serious condition, you might think life insurance is not for you.

No medical exam coverage -- simplified issue -- does not require physicals, blood tests, urine tests or other tests. Let's say you need coverage fast or have preexisting conditions that make it difficult to pass the medical exam. Simpled issue term life insurance could be a viable and affordable option in these cases.

If you are unable to undergo a medical exam, life insurance is not available. It is possible to smoke or have a pre-existing condition. If you are afraid of needles, life insurance is possible without a blood test. Life insurance does not require waiting periods or involve any hassle. Traditional life insurance is generally more affordable for younger applicants.

There are two types life insurance policies that don't require a medical examination. You may choose a no-exam insurance policy that is guaranteed or simplified for your family.

This coverage is too limited to offer adequate coverage for most Americans. Many families would find themselves severely underinsured.

Standard life insurance policies don't require medical examinations. There are two types: guaranteed issue or simplified issue. You can choose the policy that is right for you by understanding the differences and what they offer.