Term Life Insurance No Medical Exam
The No Medical Exam Life Insurance Option
Friday
The following article discusses whether term life insurance with no medical exam is the right option for you. It also discusses various options for life insurance without exam, and explains some of the benefits when compared to other term life insurance policies.
Many people who need life insurance are uninsured because they do not have the time to research what is available to them nor do they have the schedule that allows for them to complete a physical exam. The no medical exam life insurance policy is both forward looking and a practical solution for those who fit this category and who are relatively healthy. In many cases the rates are fairly competitive with those policies that do require a traditional medical exam.
No Medical Exam Life Insurance Features:
- No medical exam, no tests, no waiting periods and processing delays.
- Rates are competitive at certain age brackets.
- Tobacco users in some age brackets have very competitive rates.
- Death benefits range from $5,000 to up to $350,000.
- The terms of coverage are in effect immediately with no waiting period in most cases.
- People that are of larger build, overweight can still receive preferred rates.
- The policy can be approved in as little as 24 hours.
- The application process is simple, an interview over the phone and the ease of an electronic signature.
Practicality and convenience are the most attractive features of a no medical exam insurance policy, usually there is no paperwork required, the application can be signed electronically, and the application processed and approved within twenty four hours depending on the insurance carrier. And most importantly, you avoid having to schedule an hour out of your busy day to meet with a paramedic assistant who will take your blood pressure, urine sample, body weight, height and a blood specimen by needle. This alone can be enough for many to avoid applying for a regular medical exam insurance policy.
There are several types of non-medical insurance policies: Those that are designed for final expenses and those that provide traditional term coverage to age 95 with a guaranteed level premium for periods of 5, 10, 15, 20, 30 and 40 years. The policy is convertible during the first 10 years or to age 65, whichever comes first. This term product also features a number of valuable riders. These riders include: accelerated death benefit, return of premium, waiver of premium, dependent child, and accidental death. The terms and conditions of the coverage vary depending on which policy is applied for.
Web-based technology combined with underwriting innovation enables a non-medical exam insurance policy to be a fast and hassle free purchase experience. Our independent insurance agents are experienced and specialize in no medical exam life insurance. Our agency takes each client's situation, (i.e. medical history, budget, and objectives for obtaining the life insurance coverage) and provides them with every affordable option possible.
Any consumer who is interested in purchasing no medical exam life insurance online has access to accurate quotes, underwriting information, and information on all of the life insurance options available for their specific needs. We provide reliable information that allows the client to make an informed and confident decision on their purchase of life insurance.
Cristina Hodge is a seasoned independent insurance agent-broker that specializes in all types of life insurance including mortgage protection, variable contracts, annuities, estate planning, health, wholelife, permanent, term and no medical exam life insurance. She is approved with various top-rated insurance carriers. Contact for more information http://life-insurance-quick-quote.com/no_medical_exam_life_insurance_quotes.
The following article was found on ezinearticles.com and the author can be found on the following link- http://EzineArticles.com/?expert=Cristina_Hodge
Many people who need life insurance are uninsured because they do not have the time to research what is available to them nor do they have the schedule that allows for them to complete a physical exam. The no medical exam life insurance policy is both forward looking and a practical solution for those who fit this category and who are relatively healthy. In many cases the rates are fairly competitive with those policies that do require a traditional medical exam.
No Medical Exam Life Insurance Features:
- No medical exam, no tests, no waiting periods and processing delays.
- Rates are competitive at certain age brackets.
- Tobacco users in some age brackets have very competitive rates.
- Death benefits range from $5,000 to up to $350,000.
- The terms of coverage are in effect immediately with no waiting period in most cases.
- People that are of larger build, overweight can still receive preferred rates.
- The policy can be approved in as little as 24 hours.
- The application process is simple, an interview over the phone and the ease of an electronic signature.
Practicality and convenience are the most attractive features of a no medical exam insurance policy, usually there is no paperwork required, the application can be signed electronically, and the application processed and approved within twenty four hours depending on the insurance carrier. And most importantly, you avoid having to schedule an hour out of your busy day to meet with a paramedic assistant who will take your blood pressure, urine sample, body weight, height and a blood specimen by needle. This alone can be enough for many to avoid applying for a regular medical exam insurance policy.
There are several types of non-medical insurance policies: Those that are designed for final expenses and those that provide traditional term coverage to age 95 with a guaranteed level premium for periods of 5, 10, 15, 20, 30 and 40 years. The policy is convertible during the first 10 years or to age 65, whichever comes first. This term product also features a number of valuable riders. These riders include: accelerated death benefit, return of premium, waiver of premium, dependent child, and accidental death. The terms and conditions of the coverage vary depending on which policy is applied for.
Web-based technology combined with underwriting innovation enables a non-medical exam insurance policy to be a fast and hassle free purchase experience. Our independent insurance agents are experienced and specialize in no medical exam life insurance. Our agency takes each client's situation, (i.e. medical history, budget, and objectives for obtaining the life insurance coverage) and provides them with every affordable option possible.
Any consumer who is interested in purchasing no medical exam life insurance online has access to accurate quotes, underwriting information, and information on all of the life insurance options available for their specific needs. We provide reliable information that allows the client to make an informed and confident decision on their purchase of life insurance.
Cristina Hodge is a seasoned independent insurance agent-broker that specializes in all types of life insurance including mortgage protection, variable contracts, annuities, estate planning, health, wholelife, permanent, term and no medical exam life insurance. She is approved with various top-rated insurance carriers. Contact for more information http://life-insurance-quick-quote.com/no_medical_exam_life_insurance_quotes.
The following article was found on ezinearticles.com and the author can be found on the following link- http://EzineArticles.com/?expert=Cristina_Hodge
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no medical exam life insurance
Term Life Insurance No Medical Exam Required
The Following article explains Where Can You Get Term Life Insurance With No Medical Exam Required. Life Insurance with no exam can often be more expensive than traditional term life insurance policies, but there are many benefits associated with a non medical policy.
The medical exam is one the requirements of life insurance companies when applying for insurance coverage. Health is one of the factors that companies check before insuring an individual. Thus, it is very rare to find life insurance companies offering term life insurance with no medical exam.
Because of the medical requirement, many individuals postpone getting insured. Most are afraid that their previous or current medical conditions or medical history will not qualify them for the policy. Fortunately, there are insurance companies that do accept insurance applications without a medical history check. You can just go online and request a term insurance quote with no medical exam required. You will just have to answer their questions regarding your health condition.
Be prepared to find that the premium of the term policy will be more expensive that the policy with a medical screening process. Insurance companies based their rates on several factors such as age, sex, tobacco use, proportionate height and weight and, of course, medical history. Without the medical exam, the life insurance company is limited to the other remaining factors in their underwriting process.
Underwriting is a process that insurance companies use to assess for the coverage of the insurance policy. This is where they evaluate the risk of insuring you. So you can expect that an older person will have a high premium than a younger person; that males will pay a higher premium that their female counterparts; and that an over weight person will have a slightly higher premium. As you can see, insurance companies charge higher premium to individuals they find riskier to insure. Thus, the absence of medical exams when making application surely seems risky to a company.
Don't worry though. Not all term life insurance with no medical exam policies are unaffordable. The life insurance industry is a competitive business and as result, premium rates are kept in check. This means that insurance policies without will be kept at an affordable rate.
Find out how to get Term Life Insurance with no Exam Required online, right now. Get the answers to the most FAQ's about Term Life Insurance when you Click Here.
This article was featured on ezinearticles.com, and the author can be found at the following location: http://EzineArticles.com/?expert=Anna_Kowalski
The medical exam is one the requirements of life insurance companies when applying for insurance coverage. Health is one of the factors that companies check before insuring an individual. Thus, it is very rare to find life insurance companies offering term life insurance with no medical exam.
Because of the medical requirement, many individuals postpone getting insured. Most are afraid that their previous or current medical conditions or medical history will not qualify them for the policy. Fortunately, there are insurance companies that do accept insurance applications without a medical history check. You can just go online and request a term insurance quote with no medical exam required. You will just have to answer their questions regarding your health condition.
Be prepared to find that the premium of the term policy will be more expensive that the policy with a medical screening process. Insurance companies based their rates on several factors such as age, sex, tobacco use, proportionate height and weight and, of course, medical history. Without the medical exam, the life insurance company is limited to the other remaining factors in their underwriting process.
Underwriting is a process that insurance companies use to assess for the coverage of the insurance policy. This is where they evaluate the risk of insuring you. So you can expect that an older person will have a high premium than a younger person; that males will pay a higher premium that their female counterparts; and that an over weight person will have a slightly higher premium. As you can see, insurance companies charge higher premium to individuals they find riskier to insure. Thus, the absence of medical exams when making application surely seems risky to a company.
Don't worry though. Not all term life insurance with no medical exam policies are unaffordable. The life insurance industry is a competitive business and as result, premium rates are kept in check. This means that insurance policies without will be kept at an affordable rate.
Find out how to get Term Life Insurance with no Exam Required online, right now. Get the answers to the most FAQ's about Term Life Insurance when you Click Here.
This article was featured on ezinearticles.com, and the author can be found at the following location: http://EzineArticles.com/?expert=Anna_Kowalski
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