No medical life insurance rates are higher than rates for life insurance that do require you to take a medical exam to qualify for coverage.
Why? Because no medical life insurance may accept some people who may not qualify if an exam was required. So, the insurance companies have to charge more to offset the possibility of more claims being paid out.
Life insurance with no exam usually has rates at least 10% higher than regular life insurance with exams. However, rates may be more than 10% higher.
In return for the higher rate you get the option of:
1. Instant Approval
2. Qualify for Coverage Today
3. No Medical Exam – Just some health questions.
No Medical Life Insurance Quotes
Top Pick – Haven Life
Haven Life uses the information provided in your application to make an instant decision on your application. Healthy, qualified applicants (based on the information provided in your life insurance application) can be insured immediately with no medical exam while other applicants can receive immediate coverage pending a medical exam.
Highly Recommended – Sagicor Life Insurance
Buy up to $400,000 of term life insurance online with no medical exam required. People age 65 and under may qualify for coverage. Rated "A-" (Excellent) by AM Best for financial strength. Sagicor Life was founded in 1840. If approved, you may start your life insurance policy within 48 hours. Get your free life insurance quote now.