Get the coverage you seek at a price you can afford, without having to take a medical exam.
No medical exam plans are more popular than ever, so more companies are offering them — at competitive prices.
Best life insurance no medical exam companies
► Mutual of Omaha
What is no medical exam life insurance?
No medical exam policies are exactly what their name implies: You don’t have to take a medical exam like you do with traditional life insurance policies. Yet, they provide the same guaranteed coverage.
While a no exam life insurance plan offers you clear advantages, it means higher risk for the insurer. When insurance companies issue a policy without conducting a medical examination, they’re rolling the dice.
What insurance companies use to qualify you without an exam:
► Pharmacy report, which lists all medications you’ve been prescribed over the last 5–10 years
► Motor Vehicle Department report
► Medical Insurance Bureau report (to see if you’ve applied for or been denied life insurance in the past)
► Credit/financial history (only a few insurance companies check this.
Advantages of a No Medical Exam Life Insurance
► Faster decision from insurance companies to accept or deny your application.
► Insured amounts from $25,000 to $500,000
► Better value than Final Expense Life Insurance policies.
► Non-Smoker and Smoker rates available.
► Do to your health it may be your only option for a life insurance policy (along with Final Expense).
Disadvantages of a No Medical Exam Life Insurance
► Insurance companies only offer you offer high rates or premiums, since they are assuming a higher risk without the medical exam.
► You may pay a higher rate for not doing a medical exam if you are in good health. Good health could be determined from the medical exam which usually includes blood and urine sample.
► Small amounts available where you could get life insurance for more than $1 million with a medical exam.
A.M. Best Company rating of “A,” American Amicable’s no exam life insurance is an excellent choice for many of our clients considering securing protection without having to take an exam or give blood.
18 - 75
$50,000 to $400,000
A.M Best Company rating of “A” American National Insurance Company (ANICO) another great option when you’re looking at which company is going to provide you and your family with the best no exam life insurance coverage possible.
18 - 65
$50,000 to $250,000
A.M. Best Company rating of A-, along with its quick and easy underwriting process.
18 - 75
$50,000 to $500,000
AM Best Company rating of A- (excellent), Assurity is a strong contender when it comes to providing life insurance no exam options.
18 - 75