This is how you get an examination-free life insurance

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Audit-free life insurance policies can benefit a wide variety of policyholders.

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Life insurance helps you provide for your loved ones after you die. With life insurance, you can beneficiaries receive a cash payment when you’re gone, one they can then use Funeral expenses, unpaid bills or other expenses.

Most insurance companies require a medical examination before they approve you for life insurance coverage. You may find this uncomfortable or you may want to avoid it. Enter exam-free life insurance.

Many people may find exam-free life insurance attractive. No-exam policies may be wise if you have a pre-existing medical condition or terminal illness, are a smoker, or have a risky job (like firefighting or construction).

Or you might need life insurance to secure a loan or a sudden change in marital status like a divorce. senior citizens may encounter age limits for some traditional types of policies and may find life insurance worthwhile without a medical examination.

If you think you would benefit from audit-free life insurance, contact an insurance professional now. They can help you get started with a free price quote so you know exactly what to expect.

No medical examination life insurance comes in both cases whole life and term forms of politics. Although there is no medical examination, each type of insurance may ask for some health information in the application. The premiums are often more expensive than traditional life insurance policies that require medical evaluations. They can also offer significantly less coverage. Guaranteed life insurance policies, for example, often have coverage of $25,000 or less.

Types of no-trial life insurance policies you should know about

The first step in getting no medical insurance is deciding which type is right for you. Here are four main types

  • Simplified problem: This Insurance is often aimed at people, including seniors, who are generally in good health but may have some chronic health problems or medical conditions. The application usually includes a short health questionnaire.
  • Guaranteed Output: This life insurances It is aimed at the elderly or those with poor health. They do not require a medical examination and guarantee your beneficiaries a comparatively low death benefit. Some medical questions may be required.
  • Accelerated underwriting: Sometimes referred to as “instant” life insurance, this type uses artificial intelligence to collect and analyze data rather than a physical exam. Insurers may collect information such as prescription histories, driving records, or previous medical exams to determine risks and costs. You may also be asked to complete a detailed questionnaire or to complete a telephone interview. The method can reduce approval time from days or weeks to hours.
  • Group Life Insurance: If you work, your employer may also offer group life insurance without requiring a medical exam, sometimes for free. The disadvantage? You are likely to lose insurance coverage if you leave or lose your job.

If you think you would benefit from audit-free life insurance, contact a professional now or use the table below to search for providers.

Find a no-test life insurance provider

Before applying, seek advice from an insurance agent, your financial advisor, or another professional to ensure that no-test life insurance is the best option for you.

From there:

  • Look for multiple offers. Coverage and premiums can vary widely.
  • If you are a veteran, check the US Veterans Administration for cheaper providers.
  • If you work, check if your employer offers group life insurance.
  • Consider whether a whole life or Duration The type of policy is appropriate to your circumstances.
  • Find customer reviews and complaints to review.

filling out the application

Once you have decided on a test-free life insurance provider, you will need to fill out an application. Depending on the policy type, you can expect:

  • Some basic questions including questions about your weight, date of birth, lifestyle habits such as smoking, alcohol use, recreational drug use, exercise and activities such as extreme sports.
  • Details of your medical history and medications you are taking (except for most guaranteed life insurance claims, which can be expensive).
  • A request for financial information such as income and credit history.
  • A letter of request from your GP about your health.

Be honest with your answers. A life insurance company may refuse coverage or payment if you are not honest in your claim, e.g. B. If you lie about smoking.

Follow the instructions to submit your application. Once submitted, expedited underwriting approval can take anywhere from a few hours to weeks, depending on the type of audit-free policy you’re targeting.

Get started now and find out what you can qualify for!

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