Life insurance coverage with out medical questions, typically known as “no-medical-exam life insurance coverage,” is a sort of life insurance coverage that doesn’t require a medical examination as a part of the appliance course of. This makes it a pretty possibility for individuals who might have issue qualifying for conventional life insurance coverage resulting from well being considerations or pre-existing situations.
No-medical-exam life insurance coverage insurance policies usually have decrease protection limits and better premiums than conventional life insurance coverage insurance policies, however they’ll nonetheless present a helpful dying profit to your family members. They’re additionally typically simpler to qualify for, making them a great possibility for individuals who want protection rapidly and simply.
