Buy Term Life Insurance Without Blood Test or Medical Exam
It is possible to get life insurance without a medical exam as well as not taking a blood test. By choosing a non medical option you will speed up the process of getting your life insurance policy. A typical fully underwritten life insurance policy takes around 4-8 weeks to get issued depending on how long it takes to get your exam completed and if any doctor records need to be ordered. With a non medical po, icy it can take from 24 to 72 hours if you’re in good health.
Our Companies that offer no blood test, no medical exam policies:
- Assurity
- United of Omaha
- ANICO
- Foresters
- Grange
- Fidelity Life Association
Carrier |
Term |
Whole Life |
UL |
Assurity |
$50K -$350K Ages 18-65 10, 15, 20, 30 yrs |
$10K-$50K Ages 0-80 |
|
ANICO |
$50K- $350K Ages 18-70 10, 15, 20, 30 yrs |
IUL $25K – $250K Ages 18-65 |
|
Fidelity |
$10K – $300K –(based on age) Ages 20 – 70 5, 10, 15, 20, 30 yr |
$5K – $250K Ages 20-75 |
|
Mutual Of Omaha |
$50K – $400K Ages 18- 65 15, 20, 30 yrs |
$5K- $50K Ages 26-80 |
GUL $50K – $250K Ages – 18-65 |
TransAmerica |
$100K – $249,999 Ages 18 – 80 10, 15, 20, 25, 30 yrs |
||
United Home Life –limited state availability |
$5K- $200K Ages 20 -60 20 &30 yr |
$2K – $25K Ages 25-80 |
Maybe you hate needles, or perhaps you’re more scared about what an insurance provider will find if they do a blood test as part of a routine medical exam. If you’ve been looking for a way to buy life insurance without a blood test, the good news is that you do have some options. The bad news is that these options will cost you.
How much more does it cost to not take a medical exam?
Here are a few examples below. Let’s look at two options: fully underwritten life insurance policy with a medical exam and a life insurance policy without one.
$250,000 non medical life insurance cost
| Male | 20 Year Preferred with EXAM | 20 Year Standard With EXAM | 20 Year Without EXAM |
| Age 25 | $187 Yearly | $265 Yearly | $257 Yearly |
| Age 35 | $203 Yearly | $312 Yearly | $367 Yearly |
Typically, with life insurance policies, the person applying for the policy must undergo some medical testing so that the provider can assess their level of risk and determine the parameters and price of their coverage. You can not get preferred ratings without a medical exam. However, ANICO will offer a preferred rate on a non med policy.
The reason some people are interested in finding life insurance without blood test is that they are often worried they won’t pass a medical examination. When you take a blood test sometimes a person will learn of a medical condition they were unaware of during the medical exam. For example, a blood test could reveal multiple things such as high cholesterol, HIV, even drugs in your system.
Cons of not taking a medical exam:
There are some insurance companies who offer a life insurance without a blood test or any medical exam or test policy, but these policies always cost more. In the end, if you were to undergo a medical exam, you could end up actually spending less for your insurance if the company deemed that your health made you a low-risk candidate. Really, you will never know unless you take the examination.
What’s more is that even though an insurance provider may claim that they offer life insurance without a blood test, you still have to disclose information about your medical history. So, if you have a health condition you’re hoping they won’t find out about and that’s why you want a policy that doesn’t require a medical exam, the bad news is that you will have to disclose this information on paper anyway. Failing to provide an insurance company with truthful information on your application is serious and will undoubtedly result in the cancellation of your policy.
It’s hard to get any health-related issues by a life insurance company. The life company will order a MIB report, doctors records, RX report (to see if you take any medications), and ask health questions on the application. They will know any existing conditions you have from these reports. So if your Dr. knew you had a condition, then the life insurance company will know.
A non medical life insurance policy is for someone who is: not wanting to take an exam and someone who is looking to get the policy within 24-72 hours.
