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Understanding No Exam Life Insurance

by Byrne Anderson
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It is no secret that for years now people have been asked to undergo a medical exam if they want to qualify, or at least try to qualify for life insurance. It is a nerve-wracking, stress-inducing, and even off-putting at times, so for some people it just is not an option. However, there is now a type of life insurance that is rising up the ranks, and you will be happy to hear about it.

It is technically a type of life insurance that you can be approved for with no exam required. This is often referred to as no exam life insurance, no medical life insurance, or even no physical life insurance. Whatever the name may be, it is all the same unless otherwise stated and can be a great option for people that either can’t be bothered undergoing a medical exam or for people that are genuinely scared.

Now that you are aware of this type of life insurance, you may be wondering if it is the right option for you, and the answer will vary depending on a few things. In this article, we will discuss some things that will help you decide whether or not no exam life insurance is for you.

Reasons why you may need no exam life insurance 

Obviously, the reasons why you may need no exam life insurance differs between each person greatly, but for the most part, you are likely after life insurance so that your family will have something when you pass away. However, one thing that may be turning you away is the fact that you have to undergo a medical exam which can be off-putting for several reasons. Though, you will be glad to hear that there is a new kid in town that is taking the stress and anxiety out of life insurance.

If you are scared of needles, scared of doctors, worried about blood tests, or generally just not really happy about going to the doctor, you don’t have to worry anymore because no exam life insurance is here to save the day and take the worry away.

Questions you may be asked

While you may be able to skip the annoying medical exam, you will still have to answer personal and medical-related questions. While you are definitely able to lie, it is highly recommended that you don’t. This is because if something is to happen regarding an underlying illness that you have not disclosed, your beneficiary will not receive your benefit.

Here are some of the things you will be asked to provide:

  • Your name
  • Your age
  • Your height
  • Your weight
  • Your history with alcohol
  • Your history with drugs
  • Your history with tobacco
  • Underlying health issues
  • Previous health issues
  • Hereditary illnesses
  • You may also be asked to provide your medical history

While it may seem like a bit of a fuss to answer all these questions and go through the application process, when you realise that your family will be covered when you pass, you understand that it is a small inconvenience for your family’s wellbeing.

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