No Medical Exam Life Insurance

Is No Medical Life Insurance Right For You?

If you are considering purchasing a life insurance policy, you may be interested in purchasing no medical life insurance. After all, there are far less hassles involved with no medical life insurance. In addition, if you are suffering from a medical condition, purchasing a no medical life insurance policy may be a good way for you to obtain a policy despite your current health condition.

Although there are less hassles involved with no medical life insurance, it doesn’t necessarily mean it is the right type of policy for you. In fact, in some cases, no medical life insurance policies can be more costly than those that do require a medical examination. This is particularly true with policies that provide a high payout, as insurance companies basically assume that you do not want to undergo a medical examination because you have health concerns or because you smoke.

If you are interested in purchasing a life insurance policy with a relatively small payout, such as one for less than $150,000, you may be able to obtain a no medical life insurance policy without paying more for the convenience. In fact, there are several life insurance agencies that provide policies online and require nothing more than completing an online application. Not only are these policies convenient to obtain, they also tend to be inexpensive.

This is not to say that all online life insurance companies offer no medical life insurance policies. Rather, a life insurance company may require you to meet with a medical professional before your policy will be approved. In many cases, the company will actually send someone to your house in order to obtain blood and urine samples. In some cases, you may need to visit a facility in order to provide your samples. In either case, you will not be required to pay for the checkup. So, while it may still be a bit of a hassle, you will not have to worry about incurring any costs from the process.