![]() ![]() However, some companies allow you to forego a medical exam and instead ask you questions about your family’s medical history, your prescription history, your driving record, your criminal record and whether you consume drugs and alcohol. Traditionally, life insurance companies have required customers to submit to medical exams in order to assess how much of a risk a person is to insure and to set the price of monthly premiums accordingly. “No exam life insurance takes what could be a six-week process of applying and turns it into a 10-minute one.” “I love that someone can go on their phone, know they should buy a policy and get it done right then and there,” money expert Clark Howard says. What the industry calls “no-med” life insurance is becoming a more common product offering with the emergence of “insuretech” startups. You can find life insurance policies that offer no medical exam. What’s Involved in a Life Insurance Medical Exam?Ĭan You Really Get Life Insurance With No Medical Exam?.Pros and Cons of the 4 Types of No Medical Term Life Insurance.Can You Really Get Life Insurance With No Medical Exam?.In this article, I’ll explain the different types of life insurance that don’t require a medical exam and provide examples of companies that sell each kind of policy. If that’s appealing to you, make sure you understand how these policies work and the trade-offs they sometimes involve. You can get life insurance with no medical exam. ![]()
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