Affordable Life Insurance Protection for Your Family
Are You Over 50 Years Old and Shopping for Life Insurance with No Medical Exam Required?
If so, it may be quicker and easier for you to get insured than you might have hoped.
There are several life insurance carriers that offer policies without any health check-up required.
However, the type of policy and amount of coverage available will vary by insurer depending on your age, health, and budget.
You’ll want to learn about the basic types of life insurance before selecting your plan.
Let’s take a look at the two basic types of Life Insurance policies offering no medical exam life insurance coverage:
Term Life Insurance with No Medical Exam
Term life insurance is temporary coverage lasting for a duration of 30 years or less. However, you may be able to select a Policy Term of 10, 15, 20, 25 or 30 years to meet your specific need for coverage.
The shorter the policy duration, the lower your annual cost of life insurance, because there is a lesser chance you may pass away while insured.
If you die during the policy term, the death benefit is paid out to your beneficiary. You select the beneficiary when applying for your plan. You can change the beneficiary at any time.
No Exam Term life policies usually offer from $25,000 up to $1,000,000 of life insurance for healthy applicants who qualify for coverage.
However, the maximum amount of insurance available will depend on your age and health.
Some term policies without exams can offer you instant approval if you qualify. That means, you may be able to apply online or over the phone and get insured the very same day.
Top Pick – JRC Insurance Group
JRC Insurance Group helps you shop, compare and save on life insurance. Regardless of your age or health background, we'll shop our 40+ insurance companies and find you affordable life insurance you need to protect your family and fit your budget. Compare the best life insurance rates for savings up to 73%.
JRC Insurance offers up to $2,000,000 of life insurance with no medical exam required.
You can get approval for your insurance policy in as little as 10 minutes to 2 days. JRC offers no exam life insurance for diabetics, too.
JRC offers some of the best rates on life insurance policies without any health exams required.
You can compare and choose from $25,000 to $2,000,000 of no exam life insurance coverage from several leading life insurance carriers through JRC Insurance Group.
Highly Recommended – Globe Life Insurance
Get FREE Information On How $1* Can Buy Up To $100,000 Globe Life Insurance For Adults Or Children
Permanent Life Insurance with No Medical Exam
Permanent life insurance is coverage that provides lifetime protection and pays out a death benefit upon your death. In addition, these policies may build up some cash value inside the policy from which you may be able to take a loan, if needed.
However, permanent life plans may offer a lower amount of protection with no medical exam required.
For example, there are guaranteed acceptance permanent life insurance policies available offering up to $25,000 of protection.
Guaranteed acceptance means you cannot be turned down for coverage if you meet the age requirement for approval.
Mutual of Omaha offers guaranteed acceptance policies for people ages 45 to 85 years old (50-75 in NY). There is no physical exam required and you won’t have to answer any questions about your health.
Even if you have been turned down by other life insurance companies, you can still get insured.
Top Pick – Mutual of Omaha
Mutual of Omaha offers guaranteed acceptance whole life insurance for people age 45 to 85. Choose $2,000 up to $25,000 of coverage. Rates start as low as $8.84 per month. There’s no medical exam and no health questions. You cannot be turned down. You can get a quote and apply online now. START HERE to get a FREE Quote.
Life Insurance Over 50 No Medical Exam
Life Insurance for Seniors Age 50 to 85
Globe Life Insurance for Seniors
Disclosure: Compensated Affiliate