A Step-by-Step Guide to Getting Life Insurance Without a Medical Exam

Life Insurance Without a Medical ExamLife insurance can be scary.

Medical examinations, underwriting and death benefits can be extremely daunting, particularly if you’ve never dealt with life insurance before now.  Or maybe you aren’t worried about navigating the life insurance waters, but you are putting it off because you don’t have the time to sit down with a life insurance agent, discuss all your options and undergo a physical.

Well, the good news is that you don’t have to. You can get life insurance without a medical exam and without ever even talking to an agent.

If you’re reading this, then you have already decided that having life insurance is extremely important for your family’s security. You understand that you never know when your time might be up and you want your survivors to have money to cover your final expenses and to pay for their needs after you are gone. You have made a smart decision to start looking into it and seeing how to choose the right kind of life insurance.

Here’s how to go about getting a “medical exam free” life insurance policy.


Step 1: Find a company that offers life insurance without a medical exam.

This is probably the hardest part of getting your life insurance policy. There are dozens of companies with thousands of agents that offer these plans. You can start by contacting your health insurance company to see if they have a policy that does not require a health exam. You might also try your auto and home insurance providers as well.

Chances are, your insurance companies are going to require a medical exam to get any of their traditional life insurance policies. A better option would be to search online for companies that offer no exam life insurance plans. You will find many to choose from, so you may want to compare benefits and rates from at least two companies to find one that fits your needs. There are also websites that will compare several plans for you as well.


Step 2: Request a quote.

To request an instant quote from any of the companies you are considering, you will need to provide your name, age and the amount of coverage you want. You will probably also have to answer a few medical questions that give the insurance company an idea of the type of risk they would be taking by insuring you. These questions include:

  • Do you smoke?
  • If yes, how long have you smoked?
  • What is your height and weight?
  • Have you been diagnosed with any major medical conditions?
  • Do any of your family members have a history of specific conditions?
  • Are you considered terminally ill?


Step 3: Compare life insurance quotes.

After you answer the questions, you will get an instant quote for life insurance without a medical exam. You can then compare quotes from the companies you requested.

Make sure you compare apples to apples.  For example you might notice that the rates of one life insurance quote to be quite a bit different than the others and then find out that the length of coverage is  completely different.

You should also compare various other aspects of the companies in addition to rates. You will want to make sure the company is going to be around if your survivors need to collect your death benefit.

Check the Better Business Bureau to ensure there are no complaints against the company, and if there are, make sure they were settled in a satisfactory matter. Customer service is also important. Does the website provide contact information? If you have any questions about your policy, are they available during hours that are convenient for you? These are all critical factors you need to consider before choosing a policy. Remember that the cheapest policy might not be the best one in terms of intangibles like customer service, reliability and accessibility.


Step 4: Fill out the application.

Once you find a quote from a company you like, you can apply for the policy. Since you are getting a no-physical life insurance policy, you don’t have to wait until any medical information comes back to the insurance company to submit your application. You will likely have to provide your social security number and other personal contact information to purchase your plan. This is standard for the industry, so giving that information is not an indication that anything is shady or wrong.


Step 5: Submit your application.

Most companies will allow you to submit your application right over the Internet. There might be some that want you to print out your application, fill it out and mail it in. Again, the way that you apply is completely up to you. If you are someone who distrusts the Internet, you can always request a paper application and apply the old-fashioned way.


Step 6: Get approved.

Most life insurance without medical exams is approved fairly quickly, especially if you have no health concerns. Your answers to the general medical questions will need to be reviewed to make sure you are an acceptable risk to the insurance company at the rates you will be paying. This process could take between two and five days, although many policies are approved within 24 hours. It is important to remember that no exam life insurance is not the same as a guaranteed acceptance plan. You could be denied. However, if your medical history is relatively healthy, you should be approved without any problems.

There are many benefits to getting life insurance that doesn’t require a medical exam, including the fact that you don’t have to spend a lot of your precious time to get a policy. However, you will pay a little more for the convenience of not being required to take an exam, so you need to weigh that price against the benefits. If you don’t think you could pass a comprehensive medical exam or you simply don’t want to take the time to get one, a no-exam life insurance policy could be right for you.

Even if you can only afford a minimum death benefit, remember that anything you can do to make your survivors’ lives easier after you die is going to be highly appreciated. Purchasing life insurance without a medical exam is the responsible thing to do to ensure your family is able to take care of themselves even when you can’t be there physically to help them cope with their loss.


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