You Can Get Life Insurance with No Physical

Buying life insurance is like walking a tight rope. It can be a delicate balancing act when you’re trying to find the best plan to meet your needs, especially if you’re in bad health or you have several pre-existing conditions. Life insurance is the best safety net that you’ll ever buy for your loved ones. In fact, it’s one of the few ways that you can ensure that your family will have the money that they need, regardless of what happens to you.

Through the years, life insurance coverage has continued to evolve. One of the kinds of plans that have continued to gain popularity through the years is a no exam life insurance policy. As you can guess from the name, these plans allow you to get life insurance coverage without taking a medical exam.

Buying Life Insurance

If you apply for a traditional life insurance policy, the insurance company is going to require that you take a medical exam, and the results of that medical test are going to play a significant role in how much you’re going to pay for your insurance plan.

With one of these traditional life insurance plans, the company is going to send a nurse or paramedic to your home, and during the medical exam, they are going to take all of your basic vital signs. Additionally, they are also going to take a blood sample and a urine sample as well. They are also going to ask you dozens and dozens of different questions about your health and family history.

There are a lot of applicants that run into problems being approved for one of these traditional life insurance policies because of their health or any medical conditions that they have. With a no exam policy, the insurance company doesn’t require the health tests, which means you won’t be rejected because of any pre-existing conditions that you have.

Skipping The Medical Exam

The introduction of no exam life insurance policies has given applicants the applicant to get life insurance with no physical. These plans have completely changed the way that a lot of people view life insurance coverage and how they go about getting the plans. These no exam plans are typically targeted towards senior citizen’s applicants, but that is not the only demographic that take advantage of these plans.

Most life insurance policies without the medical exam are going to be term insurance plans, but you can find a whole life plan if you look hard enough, but those plans are going to be rare and much more expensive. Just like with a plan with the health exam, you can purchase a no exam plan in a variety of different lengths, anywhere from 5 years to 30 years.

When you’re shopping for insurance coverage, no exam policies can seem like the best option on the surface. Who wouldn’t want to get life insurance coverage without having to take the exam? It’s important that you understand all of the advantages and disadvantages of these plans before you decide which one is going to work best for you.

The Advantages of Life Insurance without the Physical Exam

The distinct advantage of these specialized life insurance policies is that the insurance company won’t be able to raise your premiums because of your health. Without the medical exam, the company doesn’t get a picture of your current health, which means they won’t be able to reject your application because of any health complications that you have. If you’ve been declined for life insurance in the past, then a no exam policy can be a great option for you.

Another benefit of these life insurance plans is how quickly you can be accepted for coverage. With a traditional plan, you’ll have to wait for the exam, then wait for the insurance company to receive the results and run them through their medical underwriting. The whole process can take several weeks, or even a month before you have the insurance coverage. With a no exam policy, you’ll be able to get approved for insurance coverage much faster. In fact, with a no exam policy, you’ll be able to get approved in a matter of days. With some companies, you can get life insurance in a matter of hours.

Drawback of No Exam Life Insurance

On the other side of the coin, there are going to be several pitfalls of these plans as well. It’s important that you get the best life insurance plan to meet your needs, and you should be aware of the serious disadvantages of these policies.

One of the most notable disadvantages of these plans is the price. A life insurance plan without the physical exam is going to cost much more than a traditional insurance policy. The purpose of the medical exam is to give the insurance company an idea of how much risk you are to accept for coverage, but without that exam, they are taking a much greater risk, and they are going to offset that by charging you higher premiums.

Another problem with these plans is that you can only buy so much coverage without taking the physical. Most insurance companies will only sell you around $250,000 before they require a medical exam, and for the majority of families, that will not be enough life insurance protection. Some companies sell larger no exam plans, like $500,000 or even $1 million, but those policies are costly.

Life Insurance With No Physical

For some applicants, these no exam plans are the magical answer to all of the life insurance problems, but for the vast majority of people, they are not going to be the best choice. There are a lot of different factors that you’ll need to account for when you’re shopping for life insurance. It can be a frustrating process, but that’s why is here to help. If you have any questions or concerns about your life insurance coverage, we would be happy to answer those and ensure that you’re getting the best policy available.


Susan Wright holds a BA from Michigan State University and an MBA from St. Louis University. Having over 20 years of working experience in the insurance and financial services industry, she has trained more than 10,000 financial services representatives. Susan has had licenses in real estate, insurance, and NASD Securities, and she has earned nine industry professional designations, including CLU, ChFC, RHU, REBC, CSA, CLTC, CCFC, CSS, and ADPA. Read more about her on Google+

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