It's a type of life insurance plan you can purchase without having to take any medical examination; however, you may have to answer some questions about your health.
What companies offer no medical life insurance?
There are several insurer willing to offer life insurance with no medical exams. Some of the better-known no medical life insurance carriers include Fidelity Life, National Life Group, ANICO, Metlife and Prudential, among others.
In addition, there are guaranteed issue life insurance plans available with no medical exams and no health questions asked. Some carriers offer these plans include United of Omaha, Met Life, Colonial Penn and AARP/NewYork Life, among others.
Keep in mind, no medical life insurance may cost you more money because some applicants may qualify to purchase this type of plan who might not otherwise qualify for coverage through an insurer requiring a medical examination.
However, some no medical life insurance policies allow you to start your life insurance coverage immediately, if you qualify.
So, instead of waiting 4 to 6 weeks for your policy to be approved, you may start your life insurance today.
Here's how to get life insurance without medical exam required.