Hadley Lewis writes:

Subject: Term life Insurance with No Physical Exam

Before considering term life with no physical, you may want to compare rates online from a life insurance quote provider. That way when you do get no exam quotes, you can see the difference in the prices.

Also, the price for no physical exam life insurance may be higher than those charged with a physical. And, the amounts of coverage are usually limited to $250,000 or less.

Make sure you understand all exclusions, if the coverage is graded, and what the premiums are for all years of the policy, before buying a term life insurance with no exam policy.

Marilyn writes:

Subject: RE - 1st comment

I agree that rates may be higher for products that do not require a medical exam, but in some cases they are only a couple of dollars a month higher. Only the few people who could qualify for the top "preferred" rate class will see a big difference.

And I have seen policies with face values up to 400k that do not require a medical exam. That is more than most consumers are looking for anyway.

Hadley Lewis writes:

Subject: Term life Insurance with No Physical Exam

I do agree with you about the rate differences, but there is also the question of some people with health conditions may not qualify.

In addition, sometimes the coverage benefits are graded, not being 100% available until after 1-2 years of policy ownership.

All in all, the term life no physical policies with guaranteed level term life insurance rates can provide coverage without the usually delays and hassles of a fully-underwritten policy. Another provider of these plans is American life Policy.