When shopping for life insurance, there’s a good chance you’ll be required to take a medical exam. Many people are unsure what to expect during the exam, but it really is quick and easy, and as part of the underwriting process, it helps determine the final rate insurers can offer you. While there’s technically no “passing” or “failing” the medical exam, good results can make a big difference in the cost of your life insurance coverage.
How a Good Score on Your Life Insurance Medical Exam Can Lead to Savings
Life insurance companies use the medical exam to confirm your application, but to also determine the risk your health could pose to the insurer. Using the results of your medical exam, as well as your age, family medical history and lifestyle, insurance companies can determine your life insurance health classification.
The healthier you are, the less of a risk you are to insure, which can mean lower premiums.
What to Do If You Don’t Get the Life Insurance Medical Exam Score You Want
If you’re not happy with your life insurance medical exam results or just want to avoid the exam all together, there are life insurance policy options that don’t require a medical exam.
SelectQuote Can Help Find the Right Life Insurance Policy With Your Score
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, we can quickly help you determine what kind of policy is best for you and what might have an impact on your rates.