Accessing the Best Insurance From a One-Stop Shop
When comparing insurance coverage and quotes, many insurance shoppers notice life insurance providers demand a medical examination before issuing covers.
Medical examinations ensure people do not have pre-existing medical conditions.
Therefore, medical exams are a common part of the life insurance policy.
While most of the insurance providers request for medical examinations, some leading life insurance companies offer policies without an examination.
Benefits of the without medical exam cover Insurance without a medical exam allows the consumer to forgo medical exams.
The policy is the same as many other term life insurance policies.
The beneficiary will be in a position to receive the funds in case the policy holder passes on during the term of the policy.
The benefits to the beneficiaries depend on the policy amount.
The policy allows the shopper to choose a period for the insurance ranging from 5 to 30 years.
The policy is also available for a term of one year.
Although the life insurance without medical examination is not for every shopper, the policy has several benefits.
First, the benefits can be used to cater for the period after retirement.
In case the policy holder dies before the term expires the beneficiaries can receive the benefits.
The money received thereof can be used to cater for the mortgage, children's college fee, hospital bills and funeral costs.
A quick process Those who choose the insurance policy without medical examination will discover the process of receiving the policy is fast and simple.
The paperwork is normally filled out and the policy issued after several hours.
You will be expected to submit responses to basic questions including your age, gender, height, weight and state of residence.
Once the application form is submitted the insurance shopper will receive life insurance quotes from leading insurance companies available in the industry.
In addition to the convenience of a quick process, the policy is recommended for shoppers who are normally denied a cover because of their health conditions.
The pre-existing conditions including diabetes, high cholesterol, high blood pressure and sleep apnea disorder result in denied coverage or high coverage costs.
Many of the providers consider individuals who have been diagnosed with such medical conditions as high risk.
Therefore, with the cover without a medical exam, it is possible to receive insurance when other companies have declined to provide you with coverage because of medical reasons.
Furthermore, the policy is issued with the understanding that some people lack the time to undertake a medical exam, while others are unwilling to undertake medical exams because of religious reasons.
Medical examinations ensure people do not have pre-existing medical conditions.
Therefore, medical exams are a common part of the life insurance policy.
While most of the insurance providers request for medical examinations, some leading life insurance companies offer policies without an examination.
Benefits of the without medical exam cover Insurance without a medical exam allows the consumer to forgo medical exams.
The policy is the same as many other term life insurance policies.
The beneficiary will be in a position to receive the funds in case the policy holder passes on during the term of the policy.
The benefits to the beneficiaries depend on the policy amount.
The policy allows the shopper to choose a period for the insurance ranging from 5 to 30 years.
The policy is also available for a term of one year.
Although the life insurance without medical examination is not for every shopper, the policy has several benefits.
First, the benefits can be used to cater for the period after retirement.
In case the policy holder dies before the term expires the beneficiaries can receive the benefits.
The money received thereof can be used to cater for the mortgage, children's college fee, hospital bills and funeral costs.
A quick process Those who choose the insurance policy without medical examination will discover the process of receiving the policy is fast and simple.
The paperwork is normally filled out and the policy issued after several hours.
You will be expected to submit responses to basic questions including your age, gender, height, weight and state of residence.
Once the application form is submitted the insurance shopper will receive life insurance quotes from leading insurance companies available in the industry.
In addition to the convenience of a quick process, the policy is recommended for shoppers who are normally denied a cover because of their health conditions.
The pre-existing conditions including diabetes, high cholesterol, high blood pressure and sleep apnea disorder result in denied coverage or high coverage costs.
Many of the providers consider individuals who have been diagnosed with such medical conditions as high risk.
Therefore, with the cover without a medical exam, it is possible to receive insurance when other companies have declined to provide you with coverage because of medical reasons.
Furthermore, the policy is issued with the understanding that some people lack the time to undertake a medical exam, while others are unwilling to undertake medical exams because of religious reasons.
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