Can you really have a term  life insurance no physical exam?  I’d like to also know how insurance providers will calculate my premium.

Jim

Tucson AZ

Several people feel  anxious or uneasy when they’re inside a clinic but they could get a policy through a term life insurance no physical exam. This can be a fairly recent add-on to the deals which insurance providers provide. The negative effects of this deal is the fact that it provides the minimum coverage when compared to the amount of premium that you’ll be spending. Like every other deals, a term life insurance no physical exam gives you a period of time where you can still change the agreement. During this time period, you could choose to change to a different type of policy. The level of the adjustments permitted, however, differs from one company to another.

In order to get a term  life insurance no physical exam , you’ll have to permit the insurance underwriters gain access to your past medical records. You won’t be asked to go to the clinic yourself as they’ll be the ones to accomplish all of the information retrieval.  All you’ve got to do is let them know which hospitals have your medical records. You have to let them know which hospitals were you admitted to and the physicians which you consulted with. Your premium is going to be based on your risk level.

The fundamental rule in calculating your premium: the bigger your risk level is, the higher premium you spend. Insurance coverage providers rate your premium based on a number of factors. The first is you weight. If you’re under- or overweight, your premium is likely to be greater. The premium is greater for overweight people since they are prone to file claim.

An additional factor that firms consider is your cigarette smoking habit. You can expect to be asked if your a smoker or not or if you used to smoke cigarettes and has lately give up. Statistically, people who smoke live shorter lives. This element can have large effect on the amount of premium that you’ll be having to pay.

I’m forty five and am going to buy a life insurance policy. I’d like to understand about life insurance with no medical exam. Would you let me know how to bring down the cost of life insurance?

Maike

Chicago IL

A life insurance wih no medical exam enables you to get insurance without having to present a medical certificate. The insurance company will simply do some investigation relating to your healthy background. They’ll be doing all the research so one and only thing you need to do is answer a couple of questions on your application. Because the firms will need to get your health background, you have to grant them access to your past medical documents. They’ll get these information from hospitals and clinics that you have records in.

A life insurance with no medical exam offers you plenty of comfort however they come in a higher premium. Nevertheless, you might find worth engaging in it given that you won’t be worried anymore with getting a medical certificate. You won’t have to use a day off or miss a weekend break trip to devote time in the clinic.

A life insurance is more affordable when compared with lifelong policies. Its coverage is short-term however, you have the option to have it changed into a long term policy when you have enough cash. Since you are yet to purchase a life insurance with no medical exam, choose now on how much coverage you actually need. By no means waste your money on spending money on unneeded coverage

People who are fifty and above, it is advisable to purchase lifetime insurance instead. Nevertheless, because you’re still under that age, a life insurance is ideal for you. If you don’t have any significant medical condition yet, then this is the time to buy insurance. Your premium raises with every medical or health problem that you have. Life insurance providers calculate your premium based on your average age. That’s, they’ll age you 41 even though your birthday is still 5 months away. If you’re able to do these items, you are able to cut off substantial costs on your term life insurance with no medical exam.

An insurer here in Florida is offering a no exam whole life insurance plan. I have diabetes so I’m thinking of going with that kind of policy, but is that a good idea?

Sheryl

Coral Springs, FL

A no exam whole life insurance policy is one of those things that is just not recommended for everyone. This doesn’t mean that it’s a bad deal, in fact, this particular type of life insurance coverage can be quite useful to the right person. Here are a few things you should consider (very seriously) before purchasing no exam whole life insurance coverage:

Who Should Buy No Exam Whole Life?

First some facts: No exam life insurance policies, whether temporary (term life) or permanent (whole life), is considerably more expensive than your average life insurance plan. This is because skipping the medical test means the insurer has no clue about your state of health. This can be very risky for them so in order to compensate for this risk no-exam life insurance premiums are higher.

However, for certain people (i.e. diabetics) this may be advantageous. Compared to the rates they would get had they taken a medical/physical exam they could end up saving more money by going with no-exam life coverage. In fact, a no exam life insurance may be the only choice for some people. In this case, a no exam whole life insurance policy makes very good sense.

When to Walk Away from No Exam Whole Life

If you are in good state of health, young, or does not have any seriously unhealthy habits, then there really is no reason for you to skip the medical test of an ordinary life insurance plan. Why pay unnecessarily high rates? There are more options and policies better suited for you out there.

Who usually gets to avail of life insurance with no medical exam?

Linda

Bronx NY

Life insurance with no medical exam is quite popular among those individuals who don’t want to face all the hassles of taking medical examinations along with the out of the pocket expenses of paying the doctor’s fee and laboratory tests. Such examination is associated by many people as a waste of time, money and effort. That is why this type of policy offer is probably the most sought after insurance package by most policy buyers.

In the past, senior citizens always had difficulty over finding life insurance coverage because they have more health issues and have the tendency to pass away soon. Today, it is these seniors who usually avail of life insurance with no medical exam making it easier for them to choose and qualify for a variety of insurance offers. Aside from these elderly people, no exam life insurance policy is also available for those aged 25 to 80 years.

It is quite easy and simple to obtain life insurance with no medical exam. You can certainly get a quote of it in five minutes or less when you apply through the internet. With a few clicks away, you can quickly avail of life insurance policy quotes at anytime and anyplace. But there are several important things to consider before buying a policy online. Make sure to visit only legitimate insurance companies who had web presence for quite a long time. Some companies may indicate on their website of how long they have been doing insurance business online. In most cases, a toll free number is also published on the site in case you need to call them for some clarifications.

A good policy may vary depending on your insurance provider so make certain that your insurer can establish a long term relationship with its policy holders. They may do it by having someone that you can speak with anytime for any concerns and providing a section in their site where you can always refer any information regarding the policy you have purchased.

I was explained the importance of buying a life insurance policy to protect my family here in Missouri when I die. But I am not confident in passing the medical examination to get my coverage, what can I do about that?

Sofia

Springfield, MO

A lot of people know the importance of life insurance coverage that gives financial protection to their family in the event that they pass away. But when assessing the purchase of a life insurance policy, consumers deal with different information about how much coverage to get, finding affordable plans, and which type of policy to choose among different plans such as whole, term, universal and variable life insurance policies.

Aside from those things that determine how much life insurance coverage to get, people who buy permanent life insurance are required to a mandatory medical examination to know whether or not the insurance applicant is qualified for the amount of life insurance coverage he/she wants to have. This kind of medical exam would add pressure on consumers because they might not be necessarily assured of passing the exam and be eligible to buy the particular kind of life insurance coverage to protect the future financial needs of their family.

But if you are not confident enough about this medical examination, don’t worry because there are various life insurance companies in Missouri that offer an array of insurance products that are affordable and doesn’t require medical exam. When you apply for life insurance no medical, you will be asked to answer some questions about general health and where you reside. You can go online to apply for life insurance no medical or obtain a form from a life insurance broker.

I heard that it’s possible to get life insurance without having to go through a medical exam. If that’s possible then I’m very much interested in getting it through that way. Can you tell me how can I get one? Thanks!

Ivy

Austin, TX

That’s correct Ivy. Buying life insurance without you having to go through a medical exam is possible. Usually this means that you will not be required to give your blood and urine sample. You only have to answer some health questions provided by the life insurance company and then you can get your own no exam life insurance coverage. So how are you gonna get one? Here’s how:

• I would suggest that you use the Internet as your method of finding no exam life insurance since it’s so easy to use. All you need to first do is to run a search for no exam life insurance. Then just click on the links so you can visit the websites that offer it.
• Make sure to read everything carefully including the insurance policy and terms and conditions.
• Let’s say you’ve already chosen the insurance company where you’re gonna buy your insurance coverage, check on your potential insurer’s rating’s first. There are websites that can offer you that information.
• Fill out the questionnaire you saw on the websites accurately. Remember, you will be asked questions regarding your habits like if you smoke or drink. Also, expect you will be asked to give out personal information too. Then once you’ve filled out everything and submitted the form you will then receive life insurance quote.
• It’s time to fill out the application form. Once you’ve submitted that the insurance company will then decide about your application. If they’ve accepted your application you will be receiving this time a detailed insurance quote that includes details about the insurance coverage and clauses.
• If you have some questions about your application then ask. If you think it would help you more if you consult an agent then do so.
• Make sure you understand everything before accepting the agreement.

That’ how easy you can get no exam life insurance. You can try getting it now by just checking the websites. If I am not mistaken, you can even get it through this website. Good luck!

Can I get life insurance coverage without having to go through a medical exam here in Massachusetts?

Roma

Cambridge, MA

Good question. Yes! These days there are many life insurance providers that allow you to buy No-Exam life insurance coverage. This trend is actually quite recent, created by the need of insurers to stay in business in an increasingly competitive market. To people who would have otherwise been refused life coverage had they needed to go through a medical or physical test (and subsequently fails said tests due to health or other reasons), a No-Exam life insurance policy maybe their only option to get a life insurance provider.

There are a few things you should keep in mind before you buy No-Exam life insurance coverage there in Massachusetts (or anywhere actually):

1. A No-Exam life insurance policy is usually more expensive. Without the medical/physical examination, the insurers are unable to determine your risk of dying within the coverage period accurately. So by default you are placed under the high-risk policyholders’ category. Higher risk equals higher rates.

2. Shopping for affordable No-Exam life insurance plans can be easily done on the Web. With the many available life insurance portals and websites – like this website you’re on right now – which offers free life insurance rate quote checks. Here you can easily compare which insurers cost the least to get coverage from.

3. If you are on a budget, reconsider getting a life insurance plan that requires you to take the medical or physical test, especially if you are relatively young and healthy. Why pay a few hundred dollars more a year if there really isn’t any reason for you to skip those tests?

Remember, a No-Exam life insurance policy is really something that should be left as a last resort, if you have been rejected coverage by many different insurers. The reason people pay more for this kind of coverage is because they really don’t have much choice. So think very carefully about it.

Can I compare rates for no exam life insurance coverage online as a smoker?

Rick

Thanks for asking, Rick.

As a smoker, if you compare rates for no exam life insurance coverage online, then you might get a preferable rate to what you would have been getting with an offline life insurance company which required an exam. If you smoke daily, then an exam would have picked up the nicotine in your urine anyhow, and so you probably would have gotten a substandard rating on your policy, which could mean hundreds of dollars out of your pocket. Even after you quit smoking, it takes five years with a standard company to get back to the point where you can get the best kind of ratings, which is the preferred policy.

Now, does that mean that if you compare rates for no exam life insurance coverage online, you’ll automatically get the best rates? Of course not. You should get a physical for another company anyway, so that you have that as a basis for comparison. After that, check out the online no exam rates. They’ll also be high, but you’re hoping they won’t be AS high.

take care,

Fashun

What kind of life insurance policy here in Georgia should I buy if I am a heavy smoker? And would I also be considered a smoker by chewing tobacco?

Sinead

Atlanta, GA

One of the things that you should remember as a smoker is that regardless of what kind of life insurance policy you choose, you will inevitably have to face premiums that are generally, around three to four times higher as compared to what non-smokers would pay for the same kind of life insurance coverage.

If you’re not aware as to why, smoking (and using any nicotine-based products such as Cigars, Pipes, Nicotine Gum, Chew, Snuff, Cigarettes, Dip, and Nicotine Patches regularly or otherwise, would qualify you as a smoker) would significantly magnify your risk of shortening your lifespan via long-term respiratory illnesses, a few forms of cancer and an overall deterioration of your health and longevity. And this wreaks havoc on your life insurance premiums, and it will only get worse as you grow older and continue with your smoking habit.

The type of life insurance policy that you should get there in Georgia should still address your financial goals, and the future financial needs of whoever your beneficiaries are. You would need to put some extra effort in looking for more affordable life insurance rates. One of the best ways to do this would be to run a free life insurance quote using the web site) or any other life insurance portals available on the Internet. Companies have different ways of computing your premiums and you may still find a carrier that would have relatively lower premiums to offer a smoker.

How does life insurance companies compute life insurance rates? I was talking to some life insurance agents here in South Carolina and all of them quoted higher rates for me. A friend told me its because I’m a smoker, is this true?

Desmond

Columbia, SC

There are a lot of factors used to determine your life insurance rates . Age, gender, weight, any health conditions you may have, your family’s medical history, your job, your lifestyle or activities you participate in, whether you take drugs, recreational or otherwise and yes, even being a smoker would definitely be considered when determining your life insurance rates. Once you submit an application with a life insurance provider there in South Carolina, they would use these information to evaluate your risk profile. The higher your risk of dying sooner, the more the provider would compensate for this risk by charging higher.

Smoking can actually cause your life insurance rates to be three to four times more expensive. Obviously, this is due to the serious, long-term implications that smoking brings to one’s health and lifespan.

If you are not happy with hat you are being quoted for life insurance, another option would be to go with a No-Exam life insurance policy that would not require to you to undergo any physical and medical exams. Although premiums for this kind of policy is not really cheap either, it may prove to be lower than what you will have to pay normally for being a smoker. Still, these are all guides and the best way to get affordable life insurance is to shop around. The Internet is full of life insurance portals that allows you to get quick, easy quotes and be able to compare companies for the best rates.