No physical life insurance is offered by a few top life insurance carriers, you will not need to do a medical exam to qualify for coverage. These policies are highly desirable for buyers who are very busy and can’t seem to find the time to go through a medical exam. The carriers are quite willing to accommodate.
Getting these policies are not easy though, you need to accurately and honestly answer some questions about your present health condition as well as what your health was like in the not too distant past, 2 years ago in some instances and 5 years depending on the condition.
The life insurance companies are not giving away life insurance coverage, they need to be assured that you qualify. How can you put them at ease, that is not very difficult? All you need to do is give them truthful answers. Look at it this way, if there is negative history which needs to be revealed they will find out anyway, you may as well tell them yourself.
How do they know if you have a medical history that would cause them to decline your request for a policy? The get a Medical information Bureau report in seconds. The MIB is quite accurate.
Carriers also get a Pharmacy Report, they know what prescriptions you filled in the not too distant past. The medications tell them what ails or ailed you.
Another thing they check is your driving record. It doesn’t take long to learn whether you have moving violations and whether you have been arrested for driving under the influence of alcohol or narcotics. This can cause your no physical life insurance application to be declined.
If you are therefore in good health you can get no physical life insurance quickly on line. If you are between the ages of 18 and 65 you can apply and see if you qualify. No medical is required, just a few health questions.
Some carriers offer up to $350,000 term life insurance on line, they offer as much as $400,000. You can also get whole life and universal life up to $250,000 on the non medical basis.
You complete a short questionnaire when you go to the site and a licensed agent will call you to complete the balance of the Application form. You will get approved instantly by National Life, if you qualify. With Sagicor Life a no physical life insurance approval takes 2 to 3 days.