Learn about Non Medical Term Life Insurance
There is a Insurance policy without a Medical Required
You've probably wondered why every term life insurance company asks you for a physical exam for the underwriting process when you get a term policy. The company�s reason is not rocket science. If the insurance company can verify your present health status with a medical exam, then they can price your policy consistent with your proper expectancy. Imagine, for those who didn�t have to disclose whether you are healthy or not, you would have a ton of people applying for life insurance coverage as soon as they found out they were sick! Consequently, every life insurance company on the market would be out of business!!!
Having said that most companies require exams, some insurers are now offering coverage without the need of a medical examination required. It could be a little bit more than a fully underwritten policy, but you don�t have the irritation of scheduling an exam, and the policy usually gets issued much quicker also!
Advantages of a No Medical exam Life insurance coverage
In the course of applying for life insurance with no Paramedical Exam, typically all you have to do is answer some health questions. Gone is the requirement to set up a scheduled appointment with a medical examiner or nurse, you don�t really need to supply a blood or urine sample, and you may even avoid things along the lines of having your hypertension levels taken.
As with almost any insurance coverage, all benefits are 100% tax-free and you've got a thirty-day period free look period in which you may change your mind.
One thing to keep in mind though, is the fact that you absolutely must be very truthful in answering every one of the medical questions of this particular insurance policy application. If you don�t admit things such as smoking, misstate your height and weight, or are misleading about some other health problems, you run the risk of having your life insurance benefit challenged in the case of an incident.
If you want to try to get a non-medical life insurance plan, please click the link below to begin!
You've probably wondered why every term life insurance company asks you for a physical exam for the underwriting process when you get a term policy. The company�s reason is not rocket science. If the insurance company can verify your present health status with a medical exam, then they can price your policy consistent with your proper expectancy. Imagine, for those who didn�t have to disclose whether you are healthy or not, you would have a ton of people applying for life insurance coverage as soon as they found out they were sick! Consequently, every life insurance company on the market would be out of business!!!
Having said that most companies require exams, some insurers are now offering coverage without the need of a medical examination required. It could be a little bit more than a fully underwritten policy, but you don�t have the irritation of scheduling an exam, and the policy usually gets issued much quicker also!
Advantages of a No Medical exam Life insurance coverage
In the course of applying for life insurance with no Paramedical Exam, typically all you have to do is answer some health questions. Gone is the requirement to set up a scheduled appointment with a medical examiner or nurse, you don�t really need to supply a blood or urine sample, and you may even avoid things along the lines of having your hypertension levels taken.
As with almost any insurance coverage, all benefits are 100% tax-free and you've got a thirty-day period free look period in which you may change your mind.
One thing to keep in mind though, is the fact that you absolutely must be very truthful in answering every one of the medical questions of this particular insurance policy application. If you don�t admit things such as smoking, misstate your height and weight, or are misleading about some other health problems, you run the risk of having your life insurance benefit challenged in the case of an incident.
If you want to try to get a non-medical life insurance plan, please click the link below to begin!
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