No Medical Exam Life Insurance

Whether you have health concerns, have been denied coverage in the past or are just hoping to avoid the exam, there are a number of life insurance policies that do not require a medical exam as part of the application process.

Typically, to obtain traditional life insurance, you not only have to complete an application, but are required to complete a 30-minute physical to better determine your health and risk. Although the actual physical is quick and easy, the process following—exam results shared with the insurance company, an underwriter reviewing and sending you an updated policy—can take anywhere from 4-8 weeks after you first speak with an agent. This wait time could be enough for you to find an alternative to traditional insurance, but it’s important to keep in mind that the insurance companies might rely on other information in its absence, such as a:

• Pharmacy Report
• Medical Insurance Bureau Report
• Credit or Financial History
• Motor Vehicle Department Report