No medical exam term life insurance $100,000 – $400,000
It is possible to get a no-medical exam, term life insurance policy from $100,000 to $400,000 in coverage as long as you are healthier than average. The reason why is that all of these companies, even when they are a simple term issue policy, will still pull your medical database, which is basically information detailing anytime you go to a doctor, psychiatrist, any medical professional that is entered into your medical database.
It’s called the MIB. All of these life insurance companies, are going to look up your medical records.
There are limits to the medical conditions you are allowed to have in order to get a sizable term life insurance policy.
Candidates are limited to three or less prescription medicines. Severe medical conditions like congestive heart failure, severe hypertension and most cancers are not acceptable.
Some moderate medical conditions, like diabetes, as long as you are not on insulin, can be acceptable. Moderately high blood pressure, minor elevated cholesterol, these are acceptable as well.
If you have very minor, very mild anxiety and very minor or mild depression and sleep related issues, those tend to be fine as well.
Term Life Insurance Health Requirements
Simple issue term life insurance receive many more approvals than you can get with fully underwritten policies. Fully underwritten term life insurance policies are going to be policies that require a medical exam.
They pull a lot more information. They have much stronger requirements in order to approve.
A term life insurance policy is going to be a larger coverage policy. You need to understand that term is not for everyone.
Term life insurance is going to expire at the end of the term. To continue the policy the price will increase and there are no guarantees outside of the term.
When you pass the length of the term you’re not protected by the contract anymore.
Most people, especially past the age of 50, prefer a whole life insurance policy. If you want a larger coverage policy and you’re okay with having term limits, then this is going to be the kind of program that’s going to be a good fit for you as long as you’re healthy enough to qualify for it.
$100,000 to $400,000 Term Life Insurance Policies
Reach out to us here at Protect With Insurance. Ask us to look into a no medical exam, term life insurance policy for you. Let us know how much coverage you want. As long as you qualify, there are insurance companies and programs that offer policy amounts from $100,000 to $400,000 in coverage.
There are great term life insurance programs for people that want them. If you have perfect health, no prescription medicines, no medical diagnoses or illnesses, are not overweight, a term life insurance policy could be perfect for you.
If you have perfect health, let us know upfront because we can get a fully underwritten term policy for you with untouchable pricing. Bear that in mind. That’s when it’s a good fit to go fully underwritten and that’s something that’s worth talking about.
It can be 50% of the cost of any other term insurance policy. Occasionally it can. It can be down to 20 to 40% the cost of any other term. It’s amazing the difference in pricing.
Please click the links below to set up an appointment. We will be happy to help you find the best life insurance coverage from the best price possible.