No Medical Life Insurance – Advantages Of Buying A Policy That Does Not Require A Medical Exam

The “No Medical Life Insurance” plans have all the major benefits of the policies that require you to undergo a physical, which is why they are becoming increasingly popular today.

There are many advantages to buying a policy that doesn’t require you to go through an invasive physical exam, which often demand that applicants undergo various clinical tests requiring body fluid samples, or get poked with needles. So, choose your insurance provider intelligently and pick a life coverage plan that meets your family’s needs by ensuring Family in living room with laptop smilingyou get all the advantages listed below:

  • The chief advantage of a no medical life insurance policy is that there are no painful medical procedures and no long waiting periods involved in buying such plans.
  • These life cover plans still provide a 100% immediate death benefit even in case of death by accident, since they too are fully underwritten by professionals at top insurance companies. So choose a reputed insurance provider to ensure this feature is met in your chosen policy and you can rest assured there will be no intrusive medical exam involved and no long waiting period for your beneficiary, ensuring a stress-free insurance solution!
  • Applicants are only asked a few simple questions about their medical history, record of driving and pharmacy reports for reviewing purposes. So, you can buy comprehensive life cover plans in less time than a standard policy requiring a medical exam would take.
  • The pre-qualification review is a simple procedure requiring applicants to fill up a basic form. Applicants are eligible for choosing from a variety policies depending on the extent of cover they want and their budget. This includes sharing details, like name, birth date, state of permanent residence, sex, whether they have used tobacco in the past 24 months, health rating and finally, the coverage amount desired.
  • These policies also give extensive coverage, though at a higher premium cost, ranging from a modest $50,000 to a high benefits $300,000 plan, depending on the company.

Applicants have the option of taking necessary measures to improve their current health condition in order to save on the slightly higher costs of typical medical exam for life insurance.

  • If you have serious health problems, you can choose a life cover with graded death benefit to enjoy maximum benefits from this type of policy, since reputed providers offering this policy give buyers the advantage of cost-modification.
  • Most companies offering life cover without any medical exam stipulation give buyers the choice of purchasing plans with a 10 to 30 year policy range, which is a good enough duration, for typical buyers of this type of policy fall in the 35-40 years age-group.
  • Quick, efficient online policy approvals in 24 to 48 hours, as offered by reputed insurance providers that have a solid web business presence, makes this type of life cover ideal for busy individuals who don’t have the time for buying a standard policy involving medical exams, lots of paper work and long waiting periods.