Why Put Off Your Life Insurance Exam?
Many people put off getting life insurance because they don’t have the
time or the inclination to get a medical exam. There are now companies
that offer no exam life insurance to healthy individuals.
If you don’t have any serious medical conditions such as HIV, cancer,
or diabetes than you will probably qualify for no medical exam life
insurance. In fact, most people without health problems do.
When you decide to purchase no exam life insurance you’ll probably
first want to receive several quotes from insurance companies. This
allows you to have a wide range of options. The quotes for no exam life
insurance will include the amount of the insurance along with the
monthly premiums you would be expected to pay.
Many insurance companies do offer no exam life insurance but you’ll
find that the benefit amount is less than if you decided to get life
insurance that did include a medical exam. However if you’re not
looking for a large policy than no exam life insurance is really a good
choice.
You can get quotes by contacting an insurance broker. He or she will
take down your information including the amount of insurance you are
looking for. They will then contact insurance agents from different
companies to receive quotes for the no exam life insurance. Once
they’ve done this they will supply you with the information. From this
you can choose the company that best suits your needs.
If you already deal with an insurance company you can contact them and
have them refer you to an agent who handles their no exam life
insurance policies. Again, they will collect your information and then
give you a quote.
When you do decide on a policy there will be some documents for you to
sign. One of these will be a medical form in which you’ll be asked
specific questions regarding your medical history. It’s vitally
important that you are as forthright as possible when filling out this
questionnaire. If you do pass away from a pre-existing medical
condition that you didn’t divulge on your medical form, than your
insurance policy might be void and your benefactor won’t receive anything.
Life insurance is an important investment and if you are in good health
than strongly consider applying for no exam life insurance. It’s a
fast, convenient and hassle free way to get the coverage your family
will need in the event of your death.
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