Whole Life Insurance No Medical Exam No Waiting Period

Some people prefer not to have a medical exam because of needles, doctors, or tests. If the thoughts of undergoing a physical examination make you uncomfortable, guaranteed issue whole life insurance provides a way to apply for coverage without taking an exam.

Specific individuals may also prefer to avoid a medical exam because they fear being charged higher life insurance premiums because of their health being turned down. Lot life insurance rates are dictated in part health. Many applicants can face more expensive policies based on medical exam results during the insurance underwriting process. Others may assume they won’t get affordable coverage due to their health and will not even go through with the exam.

Guaranteed issue whole life, a person cannot be denied health issues, and no exam or lab will be necessary. The policy coverage is subject to payment and verification of identity as required law and is effective upon receipt of the policy.

Guaranteed Acceptance Life Insurance No Waiting Period

Guaranteed whole life insurance has no waiting period means that the full benefits of the policy are available once the first payment has been made. Of course, such a policy maybe even more expensive than one with a waiting period.

500k Life Insurance No Medical Exam

Rates for life insurance are calculated based on the insured’s age, health profile, lifestyle, driving record and other factors. Policy details like term length and coverage amount also affect premiums.

A 40-year-old with excellent health buying $500,000 life insurance with a 10-year term will pay $18.44 per month on average. The same individual will pay approximately $24.82 per month for a 20-year term.

Best Whole Life Insurance

No Medical Exam

Guaranteed acceptance of no health questions means the same as guaranteed whole life without medical exam or health questions said in a different way at Woody’s insurance. We can answer your questions and clear up any confusion you may have

What Is The Most Life Insurance You Can Get Without A Physical?

The only policy that doesn’t require a medical exam is Instant Answers, which offers coverage of $50,000. You can be covered for up to 10 years or until age 50, whichever term is longer. There is the option of converting the policy to a permanent form of life insurance for longer coverage.

Cheap Life Insurance Without Medical Exam

There are other options for whole life, no medical exam plans, so make sure to look at all of the available plans. If you are healthy, you can most times get better rates for seniors.

Each insurance company can have different requirements and limits on its ave policies. Most insurance companies will sell no medical exam plans for anyone until they are in their 70s, while other companies will still sell you a policy until you reach 80 or older.

Due to every insurance company being different, you’ll need to find the best no-exam life insurance based on your specific situation.