Cheap Life Insurance No Exam is dedicated to helping you shop and compare life insurance quotes online. Purchasing a life insurance policy is one of the most important decisions you can make to protect your family. But finding a policy that’s reliable and affordable can be a challenge. With time-consuming medical exams and so many different options, it can get frustrating fast.
Quick and Hassle Free Approval
You’re not alone if you want quality coverage, but don’t want to spend a lot of time or energy looking for it. The good news is, you can shop and compare quotes quickly and conveniently online. We specialize in helping people who are interested in no exam life insurance. After all, who has the time to visit the doctor, make phone calls and wait on hold? We can help you get approved quickly and easily. Hassle free coverage you can depend on without the inconvenience of an exam.
The trick to finding a great policy is to compare rates from multiple providers. With access to a variety of companies, we give you everything you need to compare coverage options and rates. In just a few simple clicks you can find exactly the right policy to fit your needs and your budget.
You don’t have to endure a time-consuming and intrusive medical exam to get the security and peace of mind you deserve. With access to top providers and affordable rates, we’ve made sure you have everything you need to make an informed decision quickly and from the convenience of home.
We think protecting your family with quality life insurance should be easy and we’re here to help every step of the way. In just a few simple clicks, you can compare quotes from top providers to find the policy that’s right for you.
Life Insurance Companies
Life Insurance companies are quite diverse in the United States. There are literally hundreds of different companies offering thousand of different types of life insurance policies. Whether you have heard of a large company like New York Life which issues millions of policies or something smaller like Kansas City Life, choosing the one that fits your family can be intimidating. If you’ve made the decision to purchase a life insurance policy here are some tips for picking the right company.
Most life insurance companies now offer free online quotes without a medical exam. This is good news for you, the consumer. Doing your homework and researching different companies is easier than ever thanks to the internet. With sites like ours you can compare multiple policies from reputable companies all from the convenience of your home.
Shop and Compare
When shopping and comparing life insurance policies it’s important to take advantage of a company’s rating. The best way to find these reports is typically by researching the reports issued by various private companies. Some ratings can be attained for free others cost a small fee. It’s important to remember that not all agencies are using the same ratings system. You’ll want to be careful when comparing the various ratings from different companies. It’s also important to remember that the rating is just one of many factors you should consider before purchasing a life insurance policy.
You may be thinking, does size matter? Not necessarily. Just because a company is bigger doesn’t necessarily mean it’s better. One factor to consider is how the long the company has been around. There are many smaller life insurance companies that have been in business for many years and bring a wealth of success and experience to meeting their financial obligations. Many of them have very happy customers because they’ve earned the trust of their policy holders.
Thanks to the online community it’s also fairly easy to check for costumer complaints shared by consumers. Although it’s easy to find people complaining on the internet, a lot of valuable information can be gleaned from online customer reviews. You can also visit the National Association of Insurance Commissioners and search their database for a specific life insurance company you might be considering.
Talking With A Knowledgeable Life Insurance Agent
Finally the best way to choose the right life insurance company is to talk with a reputable life insurance agent. A certified agent will be able to answer most of the questions you may have when it comes to picking the right life insurance company. They will be able to not only review various companies for you but also your personal situation and the needs of your family.
If you’re have any other questions, one of our agents would be happy to speak with you. Feel free to contact us at your convenience.
Cheap Life Insurance Overview
Term life insurance is a class of insurance policies that provide coverage for a defined period that could be anywhere from one to 20 years. These policies are affordable and fiscally sound for breadwinners who want to have the peace of mind that beneficiaries will have a plan B in case of the insured’s untimely death. Beneficiaries receive a payout if the event occurs during the coverage period of the policy.
This type of insurance makes a lot of sense for many people because the premiums are manageable and the benefits are clearly defined. Even if you expect to live longer than the term life, you can buy a policy to cover the years when your death will create a major financial hardship for your beneficiaries.
How to find Affordable Term Life Insurance
Affordability and targeted coverage are the main advantages of term life insurance policies over whole life policies. With term life, you pay for the coverage you need. For instance, if you expect to have enough savings and other remuneration within a 10-year time frame, you can opt for a term life policy with 10-year coverage. Should you die within this period, your beneficiaries will have a safety net to tide them over in the amount that the policy specifies that was secured with very affordable premiums. The policy may be renewed at the end of the period although rates are usually raised as the age of the primary insured moves to an older age group.
It is advisable to compare term life insurance products before making a commitment. Shorter policies will usually have lower premiums, but renewal rates are higher because premiums are stratified by age groups. Longer policy periods lock in premium rates for the term of the policy while shorter terms and frequent renewals will raise the premium over time.
Based on financial ratings and integrity, the best cheap term life insurance companies include Metlife, Banner Life and Genworth Life. These companies have lower premiums if you meet the medical exam prerequisite.
How to Access Cheap Life Insurance Quotes
People who are considering term life insurance policies as part of their money management planning have the financial savvy to search for the best rates. These insurance policies are not highly differentiated products, so product comparison and determining the best rate would not be a difficult task. The key is to focus on those insurance providers whose primary product line is term life insurance policies.
In recent years, the trend in the insurance industry has been integration. Companies have refocused their business strategies to become one-stop insurance centers, selling car insurance, homeowners insurance and life insurance policies. These places are not likely to have the best rates for term life insurance. Consider the services of companies, such as the United Life Group, whose core business revolves around term life insurance products. According to United Life, companies worth looking at for cheap term life insurance quotes include Banner Life Insurance Company, SBLI Life Insurance Company and AIG Life Insurance Company.
In most cases, and especially if the coverage requested is in the six digits, a medical exam may be required by the underwriter. Younger applicants with few or no ailments, nonsmokers and a minimum of acute care challenges qualify for lower premiums. Premiums are directly related to age and health conditions.
How To Find Cheap Life Insurance for Seniors
Many seniors may think that term life insurance is only for younger people needing a backup plan in case they pass away before generating enough savings for their survivors. This is not true. Even without beneficiaries to worry about, expenses such as burial costs and funeral expenses can become a major burden for those left behind.
Obtaining burial insurance may provide the answer, but if you estimate that you will need more than the $5,000 to $30,000, consider a cheap life insurance policy even if you are a senior. These policies may require a medical exam that will determine premiums and if a term life policy is actually the best option for seniors given their current circumstances.
How to Find Cheap Life Insurance for Smokers
Smokers face discrimination even when it comes to obtaining life insurance that their beneficiaries need. The premiums are higher for smokers compared to premiums for nonsmokers because of the risk factors. It takes industry insiders professionals like us to guide you through the maze to find cheap life insurance for smokers. Companies like Banner Life Insurance Company and Transamerica Life Insurance Company may give smokers a small break when it comes to premiums.
Prudential Life may offer better rates if you eschewed cigarettes for chewing tobacco or smoking cigars occasionally. This practice stems from the belief that tobacco and cigars may not have as much impact health-wise since they are used infrequently whereas cigarette smokers are habitual and frequent users. The intake form for smokers seeking term life insurance includes a self-assessment of smoking habits.
How to Find Cheap Life Insurance for Diabetics
Diabetics can find it difficult to buy term life insurance given their circumstances. The likelihood of finding cheap life insurance for diabetics is nil, but some insurers may provide term life coverage at slightly higher premiums.
Limited whole life insurance coverage may be available for diabetics between the ages of 20 to 75. For instance, American Memorial has a special program for those whose metabolic condition are within manageable levels. A lifetime coverage between $5,000 to $35,000 is available if insulin requirements do not exceed 40 units daily. However, the maximum coverage tops out at rather low levels so that someone seeking a $250,000 policy may not be happy with this plan.
Obtaining Term Life Insurance with no Medical Exam
Insurance shopping is more convenient if you use online resources especially with detail-intensive term life insurance. Many of these websites make it possible to prepare side-by-side comparisons of premiums and policy inclusions. Requirements and possible waivers are usually included along with coverage descriptions and limitations.
At Cheap Life Insurance No Exam, you are assured that your options will include some of the industry’s best companies that have stellar ratings of A or better. We doe not focus on one company’s product lines to make sure that you have a range of options when you search for no exam life insurance quotes online. Using the quote engine on the website, you can shop for no exam life insurance and whole life insurance.
Options for No Exam Life Insurance for Smokers
Meeting the medical exam requirement to obtain life insurance means that your application will be delayed. In fact, approval may be delayed for further investigation based on results of the physical exam. Eschewing the medical exam altogether will mean a quicker approval process although the selection of companies may be limited since many insurance companies require smokers to undergo a medical exam.
Fidelity Life Association and Assurity Life Insurance Company are two of the best insurance companies offering no exam life insurance policies for smokers.
Fidelity Life offers term life policies for 10, 20 and 30-year terms.
- If primary insured is between 16 to 45 – maximum coverage offered is $300,000
- If primary insured is between 46 to 55 – maximum coverage offered is $200,000
- If primary insured is between 56 to 65 – maximum coverage offered is $100,000
- If primary insured is between 66 to 75 – maximum coverage offered is $25,000
Assurity Life has a different take on no exam life insurance for smokers.
- If primary insured is between 18 and 65 – 10-year term life policy is offered with a face value ranging from $50,000 to $350,000.
- If primary insured is between 18 and 60 – 20-year term life policy is offered with a face value between $50,000 to $350,000.
- If primary insured is between 18 and 50 and a nonsmoker – 30-year term life policy is available
- If primary insured is between 18 and 45 and a smoker – 30-year term life policy is available
Options for No Exam Life Insurance for Seniors
When it comes to no exam life insurance for seniors, several options are available. The first option involves buying whole life insurance with face values ranging from $5,000 to $35,000 that are available from some insurance companies and targeted toward the 40 to 80 demographic. For those who are fortunate to have little or no health issues, Fidelity Life has a policy that provides term life with no exam requirements provided the primary insured is not over 75 years old. Fidelity has a reputation for stringent underwriting qualifying process.
Small whole life policies appear to be the more common option for seniors as they minor health issues is not an automatic exclusion. We normally recommend American Memorial and Aetna for this type of policy. Applications can be completed over the phone, including a short interview by the underwriting department to determine insurability.
Options for No Exam Life Insurance for Diabetics
Determining if an applicant qualifies for no exam life insurance with diabetes revolves around how the person has managed this pre-existing conditions and the extent of symptoms. Patients who are not yet at the stage where they have lost limbs due to diabetic neuropathy, take diabetic shots and do not exceed 40 units of insulin daily may still be considered for a cheap life insurance policy.
Aetna and American Memorial are the most likely insurers who will offer whole life insurance policies to diabetics. The face value of the policies will start at $5,000 and will be capped at $50,000.
Best No Exam Life Insurance Companies
Clearly, the best no exam life insurance companies include Assurity Life and Fidelity Life.
- Assurity has a track record of 120 years in the insurance business
- The present company is a combination of Lincoln Direct Life, Security Financial Life and Assurity Life
- It is licensed as a financial services company in 49 states and the District of Columbia with combined assets exceeding $2.4 billion
- It is rated A- by A.M. Best Company.
- Fidelity Life was established over a century ago.
- It is licensed in all states except New York and Wyoming but including the District of Columbia.
- Its assets include $25.5 billion of current life insurance policies and millions more in other assets.
- It is rated A- by A.M. Best Company.
So now that you have some insight on your options, input your zip code today to find the best plans for your situation! If you have any other questions, feel free to give us a call.