No exam Life insurance
provide some assistance as you research the best
plan for your needs.
No exam Life insurance
may sound different. Most
people expect there to be
a medical exam in order to
qualify for life
insurance. But there is
life insurance that
doesn't need an exam.
Actually, it would be more
accurate to call it term
life insurance no exam
because it is a term life
insurance kind of policy
in that you can choose the
term. However, the benefit
amount is generally
limited to a lower amount
because the premiums are
more for this life
insurance with no medical
exam. So more benefit
amounts would make the
premiums more than what
most people would want to
pay, even for term life
insurance with no exam.
This term life insurance
with no medical exam is
generally known as
guaranteed issue or
simplified life insurance.
And because it is life
insurance with no medical
exam, it is great
alternative for people who
have some health problems
or who may be older and
wouldn't clear regular
term life insurance.
