| Life Insurance Without A Medical Exam? | | | | the questions that a company might ask on an |
| Term life insurance with no medical checkup or, | | | | application are:o Your height and weight (to |
| "non-med" life insurance policies are very popular | | | | determine your body mass index)o Your health |
| now as insurance companies continue to look for | | | | history (do you have a history of cancer, stroke, |
| more ways to differentiate themselves in the | | | | heart disease, high blood pressure, diabetes, |
| market. These types of policies don't require a | | | | etc.?)o Your family's health history (because of |
| medical exam, so the policies are issued much | | | | the role of genetics)o Your driving history (have |
| quicker than a traditional policy. There is a trade | | | | you had any speeding tickets or a DUI?)o |
| off though. These policies typically come with a | | | | Medications you currently take |
| higher premium than standard insurance policies. | | | | Can't I Just Lie On An Insurance Questionnaire? |
| This is mainly because the insurance company is | | | | The answer to that is an astounding no. Since |
| taking a little bit of a risk by issuing a policy | | | | insurance companies know that not everyone will |
| without a full medical exam. | | | | be truthful, they will verify your answers with |
| Is term life insurance with no medical exam right | | | | information available through various databases. |
| for you? It might be worth it to pay the higher | | | | With your permission only, the life insurance |
| premium if:o You do not want to go through with | | | | company will check your answers against |
| a physical or you are afraid of needles.o You | | | | information that is available through the Medical |
| would like to get coverage quickly, sometimes in | | | | Information Bureau, the Bureau of Motor Vehicles, |
| as little as 24 hours.o You choose a return of | | | | and prescription databases. If you are generally in |
| premium rider, meaning that you'll get all of your | | | | good health, then you should get approved for a |
| premiums back at the end of the term | | | | term life insurance policy with no medical check up |
| What Are the Qualifications? | | | | very easily. The best way to get a low rate on |
| The insurance application will have a health | | | | term life insurance with no medical exam is to do |
| questionnaire to find out about your health history. | | | | some comparison shopping first. With some basic |
| These questions determine whether or not you | | | | health and family questions answered you will be |
| qualify. Each life insurance company has its own | | | | well on your way to getting the coverage you |
| underwriting standards, but some examples of | | | | are seeking. |