We love doing everything on-line, it’s so easy.
We want instant results just like you.
Answer a few questions….Done!
We get it, but these “instant” policies can often cause you more money in the long run.
Let me explain how this works.
With life insurance you’ re making a payment commitment for many years.
Often 15, 20, 30 year term. So the best thing to do is get the lowest rate at the beginning.
Get the BEST policy at the start.
You’ll be glad you spent the time and effort, it may pay off big in the long run.
So you want to know what the alternative is?
Shop around for the best policy, not just the quickest!
That’s where we can help!
Who is best suited for a No-Exam policy?
Basically, people who are young and healthy are best suited for No-Exam policy.
Typically less than 35 years old, not on any medications and no prior medical issues.
These policies can be just the same amount as your “typical” term life insurance policy. You may pay the same premiums without all the hassle.
Life insurance companies recognize that those under the age of 35 have little in the way of medical history. They are also aware that the death rates in this age group are relatively low.
For this reason they will sometimes provide a term life policy without requiring a full medical evaluation. In some cases they will allow the purchase of this type of policy up to the age of 65 years.
But not everyone falls into this category- you need a guide.
Who should NOT apply for no-exam policy?
If you are > 40 years and older and/or if you have health issues, even if managed, a medical exam and traditional underwriting process may serve you better. Better rates.
Typically, after applying for an insurance policy that requires an exam, the company will send out a nurse aid. The exam is often done at your home or office, at your connivence, free of charge.
The medical aid will collect some simple health information such as your:
- Blood pressure
- Heart rate
- Urine test
- Blood work
Another component of the process is requesting your medical records from your providers.
The insurance companies use all this information to help determine the premium they will offer you. In other words how much will it cost you to get the coverage you desire.
Often times we are helping get you quotes from different companies to get you the best deal. That’s where having an agent is VERY helpful.