Term Life Insurance No Physical – How to find a plan

f you do not want to go through the time-consuming process of applying for a fully underwritten term life insurance plan, you should consider the advantages of applying for no physical term life insurance plan.

About this Article

All fully underwritten term insurance plans require you to meet with a parmed ( person who performs the exam at your home or office)  to have your blood drawn and your vitals taken. No physical life insurance plans, on the other hand,do not have medical exam requirements, and can be issued much faster than traditional policies.

While life insurance policies with no medical exam requirements are convenient, they are not necessarily for everyone. Read on to find out why more and more people are applying for no exam life insurance, and how you can go about finding the most competitive rates.

Why No Medical Term Life May Be Right For You

If caps of  $350,000 fit within your needs, then this  type of life insurance plan could be a great alternative.

No exam plans can be done faster, because the underwriting team does not have to wait to receive lab results to approve and issue a policy. Fully underwritten term life insurance plans can take 6 to 8 weeks  to issue than the standard no exam life insurance policy.

If you hate needles,  then a no exam plan is the answer!

Term life insurance with no physical exam is perfect for individuals in a hurry to bind coverage. If you are buying a home, have a baby on the way, or  need a policy as a Loan requirement, then this  policy is a great alternative.

How to Get Term Life Without a Physical Exam

To find the best policy, it is important to request quotes from a broker who works with multiple carriers. While you can do the legwork on your own, if you really want to save time you should do business with an independent agent, such as M2 Insurance,  who can quote and submit applications to all of the leading carriers.

Be aware of your health at the time of application before submission. Carriers will require you to answer medical history questions.  Premiums for these policies tend to be higher because of the risk involved.

M2 Insurance offers a great online No Exam life insurance plan. You can be covered in as little as 10 minutes!

When shopping for  term life insurance with no physical exam, make sure you shop around for the best rates, work with a broker who has multiple carriers and make sure to consider your current health. If you do have a health impairment, beyond minor condition, your best choice may be to go with a fully medically underwritten  plan

Contact me today so we can review your options. Use my contact form or give me a call. My number is 512-963-5000.