If you need to buy term life insurance quickly and want to do so with the minimal amount of fuss, we have the solution you are looking for right now.
If you are relatively young, and are in reasonably good health you can buy term life insurance right away and without having to take a medical exam.
You can qualify even if you smoke. However, non-smokers will get the better rating of Standard Non-Nicotine rates while smokers may qualify for the next best rating of Standard Nicotine.
As a smoker, your monthly premium will be slightly higher but you can still get term life insurance without having to take a medical exam.
How Much Term Life Insurance Can I Get Without a Medical Exam?
If you are between the ages of 18 – 65 and qualify for a quick decision without having to take a medical exam you can buy between $25,000 to as much as a $250,000 term life insurance policy.
What Length of Term Can I Buy Without Taking a Medical Exam?
It depends on your age but it breaks down to as follows
10 Year Term available to those aged 18 – 65
15 Year Term available to those aged 18 – 60
20 Year Term available to those aged 18 -55
30 Year Term available to those aged 18 – 45
These term policies are renewable to age 95. You may also be eligible for additional life insurance riders such as:
Dependent Child Rider – Coverage up to $25,000 and expires when the child reaches a certain age such as age 23, or you, as the insured, reach a certain age such as age 65.
Accidental Death Benefit Rider – This is generally issued only between the ages of 18 – 60, and you get coverage for between $25,000 and $250,000 with a general expiry at age 80.
How Will a Decision be Rendered?
The company will review the application you submit and you will be advised simply as to whether you are accepted or rejected by the insurance company.
How Do I Qualify?
To qualify you must be a U.S. citizen and provide some nominal proof of your citizenship such as a driver’s license.
You must answer a medical questionnaire such as the following:
You must answer No to the following questions to qualify.
1. Have you been diagnosed as having AIDS (acquired Immunodeficiency Syndrome) or ARC (Aids Related Complex) or tested positive for HIV (Human Immunodeficiency Virus)?
2. Are you waiting for a diagnosis, or have you been advised to have a surgical operation, diagnostic test or medical or mental evaluation that has not been completed?
3. Have you requested or received any Worker’s Compensation or any Social Security disability benefits?
4. Do you currently take more than 2 prescription medications for pain; or do you consume on average, more than 3 alcoholic beverages per day?
5. In the past ten years have you received any treatment, medical advice or medical consultation for:
- diabetes or elevated blood sugar; cancer (excluding basal cell or squamous cell carcinoma of the skin);
- stroke, transient ischemic attack (TIA or mini-stroke); emphysema; chronic bronchitis or chronic lung disease;
- major depression or anxiety that required psychiatric treatment;
- bipolar disease or mood disorder; schizophrenia, Alzheimer’s disease, dementia;
- rheumatoid arthritis, paralysis;
- and degenerative muscle or nerve disease or disorder; alcohol or drug abuse;
OR any disease or disorder of the following: heart, aorta, coronary arteries, peripheral vascular system, blood, liver, pancreas, kidney (other than kidney stones) brain or connective tissue? continue page 2……