What is Life Insurance No Medical Exam, that requires you to just answer a few medical questions?
Life Insurance No Medical Exam coverage is a type of life insurance policy that does not require you to take a physical exam in order to qualify for coverage, just answer a few health questions. Many life insurers require you to take an exam to qualify, depending on your age and the amount of coverage you are requesting. Policies usually come in one of two forms: One type offers coverage up to $30,000 with instant approval. However, the full coverage may or may not become effective until you have owned the policy for 1-2 years, depending on the insurer and terms of the policy. These types of policies are usually considered final expense or burial insurance policies. Another form of coverage offers you up to $150,000 of protection, with full coverage from the first day you purchase the policy. This is a simplified issue policy that allows for immediate approval of coverage based on your answers to a few health questions. Why should I buy this type of life insurance? Many people choose n
