Is No-Exam Life Insurance Right For You?

MARCH 5, 2021: Thinking about getting life insurance but concerned you might not pass the physical exam? You’ll be interested to know that some types of life insurance don’t require a physical at all! With no-exam life insurance, you may be able to secure coverage without having to pass a physical. However, like with other types of insurance, whether or not no-exam life insurance is right for you depends on several personal factors. Here’s what you need to know so you can weigh the pros and cons of getting insured without a physical.

You Won’t Have To Undergo a Medical Exam

The main benefit of no-exam policies is that you won’t need to undergo a medical exam before qualifying, which can benefit many applicants. It allows applicants to save the time and hassle of having to go through a physical and can help streamline the application process.

No-Exam Policies You Can Consider

Once you’ve decided to consider a no-exam policy, the next step is deciding which specific type is best for you. No-exam policies may not, require a physical but may require answering a few application questions about your medical history. For example simplified issue, means you can skip the medical exam but will still have to answer a few medical history questions on your application

The Lack of Exam Generally Makes This Process Quicker Than Other Life Insurance Types

The medical exam helps insurers assess an applicants’ overall state of health but may may the application process a bit longer. One of the benefits of a no-exam policy is that it generally processes a bit quicker than other types of life insurance because an exam is not required. If you’re hoping to get your policy secured as soon as possible, this could be a viable option!

Getting life insurance is an important step, especially for those concerned about leaving family behind in a financially vulnerable position. If you’re thinking about buying a life insurance policy but are worried you won’t pass the physical exam, or you don’t want to undergo a medical exam, you should know that there are no-exam options still available to you. Weigh the benefits of getting a no-exam life insurance policy.

About National Catholic Society of Foresters

At National Catholic Society of Foresters, we pride ourselves on giving back to the communities that we serve by providing quality and comprehensive insurance solutions. We are a not-for-profit life insurance Society, which means the sales from these financial service products help fund member benefits along with social, educational, and volunteer programs designed to respond to community needs.

Our portfolio is extensive, ranging from various life insurance policies to our new MYGA to support your financial needs no matter what stage of life you’re in. For more information, contact us at (855) 804-7424.