No Medical Life Insurance Quote
No Medical Exam Term Life Insurance is quick and easy. Policy issue times range from 3 weeks, to instant issue, depending on the company.
Policies are fully underwritten and include the checking of pharmacy reports that include all prescriptions in the last 5 years.
Up to what age?
A No Medical Life Insurance policies are available in terms of 10, 15, 20, and 30 years.
The insurance policy cost
With a No Medical Life Insurance policy you pay a bit more for the convenience of not having to undergo a medical exam.
There is no medical exam required for this type of insurance policy.
|Companies and information||Time to issue||AM best rating||Cost||Health Classes||Maximum coverage|
Sagicor Life Insurance Company
|24 – 48 Hours||A- (Excellent)||Most Competitive||Preferred|
American National Insurance Company
|3 Weeks||A (Excellent)||Very Competitive||Standard|
United of Omaha Life Insurance Company
|2 Weeks||A+ (Superior)||Very Competitive||Standard|
National Western Life Insurance Company
|24 – 48 Hours||A (Excellent)||Well priced for those with minor health conditions||Standard|
Life of the Southwest
|Instant – 48 Hours||A (Excellent)||Competitive||Preferred|
Transamerica Life Insurance Company
|3 Weeks||A+ (Superior)||Hybrid Product Contains Living Benefits||Standard|
Assurity Life Insurance Company
|3 Weeks||A- (Excellent)||Well priced for those with minor health conditions||Super Preferred|
Fidelity Life Association
|24 – 48 Hours||A- (Excellent)||Competitive||Standard||$250,000|
Features of “Rapid Decision” Term Life
Rapid Decision Term Life Insurance from Fidelity Life provides qualified applicants with coverage, generally within 24 hours; AND with No Medical Exam required.
- Level death benefit participating term life to age 95 in amounts up to $300,000.
- Guaranteed level premium periods of 10, 20, and 30 years.
- After the level premium period, policies renew on a yearly renewable term increasing premium schedule through age 94.
- Policies may be converted to a permanent plan of insurance designated for conversions any time during the first 10 policy years or prior to age 65, whichever comes first.
Accelerated Death Benefit (Included)
Beginning in policy year 3, the rider provides for an advance payment of up to 50% of the death benefit if the insured is diagnosed by a physician to have a life expectancy of 12 months or less. Death benefits are reduced by the advance plus interest. This benefit is included at no additional cost.
Dependent Child Rider (Optional)
Children of primary insured’s ages 19 to 60 who are 15 days to 18 years old are eligible for coverage from $5,000 to $25,000. Coverage ceases when the child reaches age 23 or when the primary insured reaches age 65 or the policy terminates, whichever comes first.
Accidental Death Benefit (Optional)
This rider pays a benefit in the event of accidental death. The rider is available at issue, ages 20 through 60. The benefit amount is equal to the face amount of the policy.
The following chart outlines the Maximum amounts of coverage at various age brackets.
|Your Current Age at Issue||Maximum Coverage Amount Available*|
|16 to 45||$300,000|
|46 to 55||$200,000|
|56 to 65||$100,000|
|66 to 75||$25,000|
*After your policy is issued, the coverage amount remains level for the guarantee period selected even as you get older. The chart above pertains only to your age on the date the policy is issued to you.