Affordable Life Insurance Protection for Your Family
Are You Shopping for Instant No Exam Life Insurance Coverage?
If so, you’ve come to the right place. Did you know that one highly-rated life insurance carrier offers up to $2,000,000 of same day coverage you can apply online for in about 10-15 minutes?
That’s right. If you are healthy and between the ages of 20 to 60, you can get affordable life insurance protection that starts immediately upon your approval.
But first, let’s review a few important points about buying a no exam policy:
Term life insurance is temporary protection providing you with coverage that lasts for a period of up to 30 years. You may choose coverage for a duration (term) of either 10, 15, 20, 25 or 30 years to meet your specific needs.
If you pass away during the policy term, the death benefit is paid out to your beneficiary (you choose the beneficiary). The death benefit is paid out free from federal income tax.
If you are alive when your term life plan expires, there is no pay out of any benefits, your insurance ends.
How Much No Exam Life Insurance Can I Buy?
That depends on the insurance carrier you select. Some insurers offer up to $100,000 of coverage, while others offer up to $2,000,000.
How Much Does It Cost?
The premium charged for your policy will vary by insurer, but it depends on your gender, age, health, answers to the health questions asked, tobacco use, driving record, occupation, hobbies, and lifestyle.
Life insurance without an exam usually cost more than fully underwritten policies that do require you to take a physical. Of course, those plans may take up to 6-8 weeks to complete the entire purchasing process and get you your policy.
What are the Age Requirements?
These may vary by insurer, too. However, many no exam insurers offer coverage to healthy individuals who are between the ages of 20 to 60, or 65.
Can I Get Life Insurance without an Exam for My Spouse or Partner?
Yes, you have an insurable interest in your spouse or partner, so you may purchase a no exam policy for a partner or spouse.
What If I Change My Mind?
Each life insurance policy comes with a Free Look period. This period of time varies by state of residence, but you usually have between 10, 15, 20, 30, or even 60 days to review your policy and return it for a full refund if you are not satisfied.
The Free Look period is also known as a money-back guarantee. If you return your policy within the free look period, you get all of your paid premiums back.
Which Insurance Carriers offer No Exam Plans?
There are several insurers that offer life insurance without requiring a medical, including but not limited to:
Which Insurer Offers the Most Insurance without any Exams?
Haven Life now offers up to $2,000,000 of no exam life insurance protection for qualified applicants.
How Long Does It Take to Get Insured?
The length of time may vary by insurer. However, some carriers offer a simple process that takes about 15 minutes to apply online and you may be advised in minutes after completing the application as to whether you qualify for coverage.
Once approved, you select a payment option, make your first month’s premium payment, and your life insurance starts right away.
Features and Benefits of Instant Coverage Life Insurance
Top Pick – Haven Life Insurance Agency
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.
Applicants age 60-64 are eligible to apply for up to $1 million in coverage; subject to underwriting approval.
Some qualified applicants (U.S. citizens up to the age of 59) will be able to finalize coverage without the need for a medical exam. The majority of applicants are still required to take a medical exam.
Keep in mind: Issuance of the policy or payment of benefits may depend upon the answers given in the application and the truthfulness thereof.