The insurance company is gathering information to assess a risk in order to determine the premium to charge you if they are willing to insure your life for life insurance. The greater the risk based on the above factors, the higher your premium. The risk factors help the insurer to determine your longevity - how long they expect you to live.
Based on your answers to the questions on the life insurance application, the life insurance company may ask additional questions, request a doctor's report, or require medical tests; such as, a paramedical exam, blood and urine testing, etc.
However, there are life insurance policies that do not require a medical examination, but may have you answer some health questions. These no exam life insurance plans are usually a little higher in price compared to full underwritten policies that do require a medical exam, because they may accept some people for life insurance who may not qualify otherwise.
If you do qualify, you may be able to start your life insurance coverage today. Find out if you qualify to buy up to $350,000 of no exam life insurance - request you free no exam life insurance quote.