Comments on: No Medical Exam Life Insurance

By: Jeff Rose

Jeff Rose — Mon, 30 Oct 2017 18:25:52 +0000

In reply to Emilie Needleman. Hi Emilie - Probably not, since you formally canceled the policy. But you can call them and see if your not cashing the refund check constitutes a continuation of the policy.

By: Emilie Needleman

Emilie Needleman — Sun, 22 Oct 2017 23:28:24 +0000

I need information regarding term life insurance:
I bought a term life insurance for my husband for 29 years now. Premium paid automatically taken out of our checking account in advanced monthly. 6 days or 4 working days before he died I cancelled the policy by phone. I received the premium refund 4 days after his death I did not cashed the check.
Is it technically possible that he is still insured before he died?

By: eric van haaften

eric van haaften — Mon, 05 Jun 2017 22:55:36 +0000

Super list of companies. Helpful highlights of each company too. Banner Life also offers between $100,000 to $500,000 of term life insurance to applicants between the ages of 20 to 50 without any medical examination. Banner Life offers an automated underwriting program is called Appcelerate. This is a form of “no exam life insurance” which offers simplified underwriting for people who are in relatively good health. Good luck in 2017!

By: Sandy

Sandy — Wed, 04 May 2016 17:49:19 +0000

I’ve seen people denied regular life insurance for having conditions that do not shorten their life span like glaucoma. Sometimes, you really DON’T have a choice and have to get the more expensive coverage.

By: The Insurist

The Insurist — Thu, 27 Dec 2012 17:21:31 +0000

Thanks Jeff. While there are a FEW reasons why no exam insurance is appropriate, it still makes my blood boil when I see the commercials and online ads. So expensive. As usual you’ve laid out the details perfectly 🙂

By: Rowena Pabo

Rowena Pabo — Tue, 25 Dec 2012 04:04:42 +0000

Life insurance is critical your web site has lots of fine information. Many thanks for expressing everything you know about life insurance with no exams.

By: Money Beagle

Money Beagle — Tue, 18 Dec 2012 16:46:52 +0000

If you’re in good health than you should strive to have coverage which likely would require an exam. Obviously if you get no-exam coverage, you’re going to get the lowest possible coverage based on the per dollar cost of what you’re contributing, but if you can prove your health via an exam, your risk will be lower and they’ll charge you less (or give you greater coverage for the dollar).