Some insurers may offer as much as $300,000 of term life insurance coverage without requiring you to take a physical exam.
However, there may be some health questions for you to answer when you request a quote and apply for coverage.
Your approval may be based on the answers you provide to the health questions. That's why it is important to be honest and answer all questions truthfully when you apply for your life insurance online.
The life insurance company has a 2 year period from the time the life insurance policy is issued to contest any claim made against your life insurance policy.
That means, if you lie on the life insurance application, and the lie was a material misrepresentation that affected the acceptance of you for the life insurance coverage, then the claim may be denied.
So, you want to make sure you answer all questions truthfully when applying for a life insurance policy.
Also, be aware that no exam life insurance plans may cost more than life insurance requiring a physical.
However, no exam life insurance makes it quicker and easier for you to start your life insurance policy, if you qualify.
Here's how you can learn more about life insurance with no medical.