Find the right life insurance for you with SelectQuote.
Whether you’re looking for the first time or are in a hurry to get covered, we can provide you with coverages & rates from some of the most trusted companies in just minutes.
No Medical Exam Life Insurance
Oftentimes, the medical exam can be one of the most daunting parts of the life insurance application process. This 30-minute physical isn’t difficult—a technician or nurse can even come to your home or office to complete—but it’s still an extra step that some people wish they could avoid.
It’s possible to do so with a no medical exam life insurance policy, which can be useful for individuals who just aren’t interested in taking the medical exam or it could be beneficial for someone who might be concerned about their health or have been turned down for traditional insurance before.
Benefits of No Medical Exam Life Insurance
The traditional process of obtaining life insurance after working with SelectQuote typically includes setting up an appointment for a medical exam, the results get shared with the insurance company, an underwriter reviews the exam, and you eventually receive the policy anywhere from 4-8 weeks after the initial contact with an agent.
For some people, waiting this long is either undesirable or unfeasible. At SelectQuote, we can help you find the right kind of life insurance for you, but it’s important to keep in mind, insurance carriers might use the following to qualify you without an exam:
- Pharmacy report, which typically lists all of the medications you’ve been prescribed over a certain number of years
- Motor Vehicle Department report
- Medical Insurance Bureau report (typically used if you’ve applied for or been denied life insurance before)
- Credit/financial history
Simplified Issue Life Insurance
Simplified issue life insurance typically replaces the medical exam with a health-related questionnaire. Simplified issue life insurance is typically a good option if you’re between ages 45 and 85 and are looking for a policy up to $40,000.
Guaranteed Issue Life Insurance
Guaranteed issue life insurance is just as the name implies; guaranteed. There’s no medical exam required, no health questions and you can’t be turned down for coverage if you’re between the age of 45-85.
With accelerated underwriting, you can get a traditional life insurance at the same cost on a fast track. The biggest impact you might see, however, is a lower coverage amount. Additionally, if the insurance carrier notices any red flags or irregularities, they might end up asking you to take a medical exam.
Still have questions? We’re here to help:
Let SelectQuote help find the right life insurance policy for you.
We make buying life insurance from some of the most trusted carriers quick, easy and convenient. Whether you’re looking for a traditional policy or a fast-track to coverage, SelectQuote can help.