Best Life Insurance Companies No Exam

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Life insurance should be part of everyone’s plan. If you’ve been avoiding buying a life insurance policy because you don’t want to go through the annoying and sometimes difficult tests that are required, I’ve got good news for you: Many insurance providers don’t offer policy exams!

Best Life Insurance Companies No Exam

Best Life Insurance Companies No Exam

No-exam life insurance is exactly what it sounds like: a no-exam life insurance policy. That means no needles, no tests, and no stress.

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This article will tell you everything you need to know about no-exam insurance, including the top 15 companies that offer no-exam insurance policies you can buy right now.

Now that you have a better idea of ​​what no-exam insurance is and how it works, let’s get down to the details.

At the top of the list is Haven Life, which receives an A++ rating with AM Best (which is their highest possible rating).

People love Haven Life for its affordable insurance policies, and it’s easy to see why: you can get up to $1,000,000 in coverage without a medical exam. To access those high coverage policies, you have to go through an application process, so they determine your risk based on your age, lifestyle, background, etc.

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A standard minimum coverage for a no-exam candidate is around $100,000. You can buy policies for 10, 15, or 20-year terms. If you are under 50, you have a 30-year option.

Principal Financial Group is another top rated insurance company that does not offer a medical exam policy. They are A+ rated with AM Best and can provide coverage between $50,000 and $1,000,000.

The only downside to the principal’s no exam policy is that you have to pass certain requirements. If you can answer ‘no’ to a series of health questions in the application process, you’re good to go. Otherwise, you need a medical examination.

Best Life Insurance Companies No Exam

You can get coverage up to $1,000,000 through their policies with 10-year or 20-year terms and premiums as low as $8 per month.

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The only reason you may not have heard of Bestow before is that they are fairly new, having been founded in 2017. Despite the new insurance game, Bestow gets great reviews and could be a fantastic option if you’re looking for one. life insurance without exam

One insurance company you’ve probably heard of before is Mutual of Omaha. They are one of the highest rated companies for traditional insurance plans, but they also offer no-exam policies.

With Mutual of Omaha, you can choose a 15, 20, or 30-year term for your policy. Without exams, they offer coverage between $25,000 and $300,000.

Another well-established insurance company, Lincoln Financial has an A+ rating with AM Best. They offer coverage between $100,000 and $1,000,000 for their no-exam policy.

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The best thing about buying insurance with Lincoln Financial is that the entire application process can be done online. In most cases, you will be approved for coverage within 48 hours. Applicants between the ages of 18 and 60 may be covered without medical exams.

Transamerica’s no-exam life insurance policies are highly affordable for people of all ages. They have an A rating with AM Best and are well reviewed by tons of other companies.

Through Transamerica, you can get coverage between $25,000 and $249,000 without taking an exam. The only drawback is that the application process can take a little longer than with other companies, sometimes up to a few weeks.

Best Life Insurance Companies No Exam

If you are between the ages of 20 and 50, you can apply for no-exam life insurance with Banner Life. Coverage ranges from $100,000 to $500,000; If you are seeking higher coverage amounts with this company, you will need to take the tests.

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Believe it or not, Gerber is more than just a baby food brand. They also do not offer exam insurance policies for children and adults. With an A rating from AM Best, they are trusted by families across the country.

Affordable no-exam coverage starts at $25,000 and maxes out at $150,000. With low monthly premiums, this is a great insurance company for people of all ages.

Assurity is a newer insurance company, founded in 2007 through the merger of several other groups. They do not offer medical exam life insurance policies for people under 55 years of age.

SBLI is another A-rated company that offers comprehensive coverage without an exam. You can apply if you are between the ages of 18 and 60. The process usually takes a few days, but there are no tests or needles involved.

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Coverage with SBLI ranges from $100,000 to $500,000. You can choose the length of your term, from 10 to 30 years.

Protective Life is another top-rated company for no-exam insurance policies. They are A+ rated and offer a variety of low-cost and affordable policies.

If you are between the ages of 18 and 45, you may qualify for coverage of up to $1,000,000. Between ages 46 and 60, coverage increased to $500,000. Telephone interview to be accepted faster.

Best Life Insurance Companies No Exam

With this company you can get coverage between $50,000 and $250,000 without a medical exam. However, it is important to note that there is no guarantee that you will not need an exam until after you have applied.

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If you apply electronically, you’ll receive more information: some people will be accepted right away, and others may need to submit medical records.

Penn Mutual offers the highest no-exam life insurance coverage of any of the companies on this list — it can go as high as $2,500,000. They have an A+ rating with AM Best and keep their premium costs fairly low, considering . how high the coverage can be.

Not everyone will be eligible for the higher coverage amount with Penn Mutual, especially if you have a pre-existing medical condition. If you are between the ages of 20 and 65, you can apply by completing a phone interview.

If you want an easy application process for your life insurance, Sagicor is a great company. Your application is completely online and no medical exams are required. Coverage ranges from $50,000 to $1,000,000.

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The only downside to Sagicor is that the longest term they offer is 20 years – you can’t get a 30-year policy with this company.

Foresters does not offer exam coverage up to $400,000. For an application, you must submit information such as your DMV history and prescription records, but there are no medical exams.

This company has been around since 1874 and has an A rating from AM Best, so you can trust them to offer fair and affordable life insurance policies.

Best Life Insurance Companies No Exam

Do you like the idea of ​​life insurance without a medical exam? You have many options, all you have to do is choose the company and the policy that suits you best.

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Before you apply, be sure to read some company reviews and ratings so you know what to expect. Next, consider your priorities. Whether you’re looking for an easy application process, a low monthly premium, or the best possible coverage, the right plan for you is available.

There are tons of benefits to buying a life insurance policy that doesn’t require a medical exam. It’s easier, less stressful, and can be much more accessible for someone with an existing medical condition. And you can still get great coverage!

Remember, life insurance should be part of everyone’s plan. Without the exam, you can easily purchase your policy and have peace of mind for years.

No medical exam insurance allows you to purchase an insurance plan without undergoing medical exams. The concept sounds cool, but before you get too excited, let’s see what it actually means.

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For most life insurance policies, the purpose of medical exams is to determine how much risk you pose to the insurance company. Therefore, someone who is at lower risk (someone in excellent health) can generally get lower monthly premiums by having the test.

That being said, skipping the medical exam has many benefits. For one thing, they can be a burden, both mentally and physically, not to mention time consuming.

On the other hand, people with a pre-existing health condition do not have to worry about being denied life insurance based on their medical exams.

Best Life Insurance Companies No Exam

Therefore, there are pros and cons to opting for a no-exam policy. If you think this is the best option for you, your next step is to find the best type of plan for your situation.

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No-exam life insurance is not just one type of policy. In fact, there are 6 different types of life insurance policies you can buy that allow you to skip the tests. Some are a little easier to get to than others and some offer more coverage for more steps.

I should also keep in mind that these types of policies may go by different names and have slightly different features with each insurance provider.

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