How Does It Compare

The initial benefits of “no exam” life insurance are clear. Not only do you save time by not having to take a physical, for those who know they are at high risk it may be the only way to obtain life insurance. In general, no-exam policies are more expensive in comparison to those that are fully underwritten. The reason is that life insurance companies providing fully underwritten policies have a chance to do a comprehensive risk evaluation. On the flip side, no-exam life insurance policies usually have increased premiums because they cover a greater degree of risk.  By not rating your current health risks the company has to be prepared for the worst.

What to Expect for a Life Insurance Medical Examination

A simplified exam involves answering questions about you and your family’s medical history, providing height and weight measurements, getting your blood pressure taken, and providing a blood and urine specimen.

For high insurance amounts and older people, the free exam could take 15 to 30 minutes and is performed by a licensed doctor or paramedical. It consists of treadmill EKGs and other more extensive medical examinations.

Reasons for the Exam

The insurance company is checking to see if you have a health condition that could affect your mortality. Tests are taken to detect the presence of HIV, liver or kidney disorders, diabetes, prostate disorders, and hepatitis. Drug screening may also be done.

After the medical underwriter checks the test results, they may decide to take more tests, reject or approve you.

Read more about

• Life insurance without an exam
• How to ace your medical exam
• Common life insurance myth: everyone likes on their life insurance application
• And other life insurance secrets

At LifeQuote, our experienced insurance agents will work with you to find the term life insurance company with the most competitive rates for your situation.

To compare quotes, simply click get a quote and you will be taken to a page that asks you to complete a form. If you’re unsure of how much coverage you need, or how long the term should be, connect with one of our knowledgeable representatives immediately. If you want to find out more about the “benefits of no exam life insurance” you can send us an email or call our licensed agents at 1-800-521-7873.