Why No Exam Life Insurance Might Be Right for You

By on November 12, 2019
Life Insurance

Getting life insurance is hard enough when you are in your 20s and 30s but for women over 50, it is a whole new challenge. For many people, the best option for life insurance is No Exam Life Insurance which allows you to get a policy without having to deal with the hassle of a medical exam. In this article we are going to outline some of the advantages and why this might be the right policy for you.

Easier To Be Approved

With No Exam Life Insurance, there is less paperwork and the approval process can go through much faster. This is an ideal solution for people that need life insurance for some type of business venture or who are going through a divorce.

Guaranteed Issue

There are certain carriers that will approve almost anyone and there is almost no underwriting needed for these policies. However, it goes without being said that these policies tend to be far more expensive than life insurance policies that are issued only after a medical exam. However, if you have serious medical issues or you have some type of dangerous hobby this might be the best direction for you.

Avoid the Needles & Doctor’s Office

If you are one of those people that can’t stand going to the doctor’s office, then this might be the best route for you to go! Instead of having to get stuck in the waiting room for hours you can simply fill out a short form and wait for the approval.

No Exam Life Insurance certainly has its advantages, but it also comes at a higher price. However, if you are in good health and you have no medical issues in your family than the price may very well be negligible.

With life insurance, there are several policies out there and you should do your homework before you decide one. Life Insurance is one of the most important investments you will ever make and it is essential that you pick a policy that will provide your loved ones financial stability if you are not able to be there.

You can do all the research yourself or you can turn directly to the advisors at Sproutt.com to help you choose the policy that best fits you and your needs. At Sproutt they are not affiliated with any insurance carrier so you can be confident that you are receiving evenhanded advice.

 

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Why No Exam Life Insurance Might Be Right for You