How to Obtain a No Exam Life Insurance Policy

A no exam life insurance policy allows you to get coverage without a complete medical checkup or getting a medical examination. It provides benefits similar to a standard life insurance policy. Many people are reluctant to take medical exams as they don’t wish to reveal personal information. Here are some guidelines for obtaining a no exam life insurance.

Difficulty: Moderately Easy

Instructions

1. Browse the web using a search engine such as Yahoo or Google. Enter a keyword search for "No exam life insurance." Click on the links to visit Web sites. You can get valuable information about no exam life insurance from these Web pages.

2. Read carefully about the company policy and disclaimers. Every company has different clauses on no exam life insurance. Check for the stipulations for each company.

3. Search websites that review or rate such policies. You should get the rating and feedback for a company and a separate review of each policy type in order to get the best coverage possible.

4. Fill in the questionnaire form on the company website. The questions include common habits such as whether you smoke or consume alcohol. Bear in mind that you will have to provide at least some basic personal information. These questions help the company decide on the right policy for you. Once the form is submitted, you should receive a quote.

5. Proceed to fill out an official application. On receiving your application, the company will review and make a decision on extending a policy to you. You will receive a detailed quote with a variety of clauses and coverage details.

6. Call a local agent if you are unable to get a policy online or are hesitant about the online procedure.

7. Understand all the clauses properly through your agent. Then, await the bill for your first premium.

Tips & Warnings

• There are many companies that provide no exam life coverage. Chances are that your request may be initially turned down but eventually you will find one that provides coverage that will suit your budget.
• If you do not qualify for no exam life insurance, consider buying mortgage insurance. It will allow your family to retain the home in the event of your death.

[Hadley]

on 4/21/2008 Here's a few things to consider:

1. This type of coverage may be more expensive than policies that require a medical exam.

2. Coverage amounts are usually limited to $250,000 or less. However, there is a carrier offering up to $500,000 with no medical exam, just a few health questions.

3. Usually, term life insurance is the coverage offered without a medical exam.

You can learn more about term life insurance no exam required at http://www.term-life-online.com