No Medical Exam Life Insurance
If, for any reason, you don’t want a medical exam to qualify for Life Insurance, we can help you with that, too.
In order to get life Insurance most companies will require you to get a Medical Exam for a health underwriting process.
There are some people that don’t want to take a Medical Exam in order to get Life Insurance.
We do have companies that will do the underwriting without a medical exam.
You will pay more for a No Medical Insurance Policy than a regular Term Life Insurance that requires a Medical Exam that has the same Death Benefit amount.
Also, No Medical Exam doesn’t mean that a Medical underwriting will not be done. There are some underwriting methods that insurance companies will use to figure out the risk they a taking insuring you.
Some of these policies will have a waiting period of 2 or 3 years where the Death Benefit is reduced for natural causes deaths (other than accidental deaths). basically your family will receive the amount of payments you have made so far into the policy plus a set percentage in the waiting period. After the waiting period passes, your beneficiaries will receive the full death benefit.
First one is MIB. It is the Medical information Bureau. This is not your medical records but rather information that other insurance companies that are members of MIB have on you.
Second one is Script Check that is provided by Exam One. In this there is information about any prescription that you have been taking .
Third one is the MVR – The Motor Vehicle report. Based on your driving habits the Insurance company will get a better picture of you.
Fourth one is the Insurance application that you will fill out. You will have to answer questions about yours and your family member’s health.
Contact us and we’ll help you with a No Medical Exam Life Insurance policy.
If you would like to learn more about how an Index Universal Life Insurance works and if it is a good product for you, click here
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Hegemon Group International, LLC. (HGI) is a marketing company offering a vast array of products and services through a network of independent affiliates. HGI does not provide insurance products, real estate, legal or tax advice. In the USA, insurance products offered through Hegemon Financial Group, LLC (HFG); and in California, insurance products offered through Hegemon Insurance Solutions, LLC (California License #0I0198) – collectively HFG. HFG is licensed in all states and the District of Columbia, except Massachusetts. In Canada, insurance products offered through Hegemon Group International of Canada ULC in the provinces in which it is licensed.
Florin Chris Uta is an independent associate of HGI.
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