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Term Insurance with No Medical

Updated on March 25, 2009

What is term insurance with no medical?

Term insurance with no medical is a type of term life insurace that provides temporary coverage for a set number of years.

Usually, term insurance is offered for a period of time from 1-30 years. Many policies are available for 10, 15, 20, or 30 yars terms of coverage.

If you outlive your policy term, your coverage ends.

Term life insurance does not build up any cash value inside the policy.

With term life insurance you get life insurance protection, no investment.

Term insurance with no medical is just what it sounds like.

There is no medical exam required in order to qualify for coverage.

You can apply online, by answering a few health questions, you find out if you are approved for the life insurance coverage.

That means no physical exam, no blood tests, and no visit to the doctor's office.

However, it is highly recommended that you answer all questions honestly on the life insurance application for coverage.

Also, this type of life insurance is quicker and easier than policies requiring a medical exam; however, it may cost more.

And, the amount of life insurance available is usuallly limited to about $500,000.

To learn more you can visit term insurance with no medical.


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