Life Insurance With No Medical
For many people, life insurance which requires no medical exam, no medical history and no health questions sounds ideal.
But could it be financially beneficial for you to provide your medical data and is there a reason why so many life insurance policies require their customers to take a medical examination?
In this article we answer these questions and more.
- Do I need a medical for life insurance?
- What are the benefits of applying with a medical?
- What do medical exams test for?
- Do life insurance companies check your medical records?
- Where can I find guaranteed life insurance with no medical questions?
- Should I get cheap life insurance without a medical exam or questions?
- Can I get senior citizen life insurance with no medical exam?
- Speak to an expert
Do I need a medical for life insurance?
Not all life insurance companies require a medical examination but many people prefer to provide their medical history and take a medical assessment to make the process smoother.
Unfortunately, life insurance quotes without medical exams can be inaccurate which can be frustrating, especially if you’re looking for a quick and direct answer that you can rely on.
If you want to compare numerous quotes to find the most affordable life insurance deal with no medical, it can feel like a waste of time when the quotes you receive turn out to be vastly different from the final cost of your insurance premiums.
To be sure that the quotes you receive have been calculated based on accurate information, it can be a lot easier to have a short medical exam and receive a quote based on the results.
What are the benefits of applying with a medical?
Applying for a life insurance policy that requires a medical can take a little more time but with the help of an insurance broker, it could save you time and money.
To calculate your life premiums, the insurance company will need to ask questions about your lifestyle, medical history and health.
These factors along with your age, determine how likely you are to make a claim and therefore if you are in good health, you could be able to find a cheaper, instant life insurance quote.
An insurance broker can also use their knowledge of the market to research which companies are more likely to quote you a lower price and a better level of cover.
Can having a medical for a policy prevent a claim rejection?
Yes, having a medical to prove that you are in good health and have disclosed all relevant information to the life insurance company is something most experts would recommend.
When you pass away, the life insurance company will need to know the cause of death.
It if becomes apparent that you passed away because of a disease that you did not include on your life insurance application, this could be classed as misinformation.
It’s also important to update the life insurance company about your lifestyle choice such as whether you were a smoker or if you have recently lost or gained a significant amount of weight.
Some insurance companies could reject a claim if they have reason to believe that a lifestyle choice potentially contributed towards your death and this information was held back from them.
This could leave your life insurance beneficiaries with no cash payout, so it’s vital that the information you provide is accurate.
What do medical exams test for?
A medical examination carried out for life insurance can seem daunting to a lot of customers. The thought of being prodded and poked or being asked intimate questions about your health can put people off.
However, medical examinations can be less invasive than you might think and are usually over in minutes. The trained professional who will oversee your medical exam will keep your information confidential and isn’t there to pass judgement.
Do I have to provide a blood test?
There is a possibility that you may have to provide a blood test but this isn’t always the case.
A standard life insurance physical consists of a:
- Driver’s license check (to confirm your identity)
- Blood sample
- Urine sample
- Measurement of your height, weight, pulse and blood pressure
- EKG (usually only required for seniors or if you want a large death benefit)
- Series of health questions (including the list of physicians you’ve seen recently and confirming the information in your application)
Do all life insurance policies require a physical?
No, it’s possible to get life insurance without a physical, depending on your circumstances and the level of cover you need.
The insurance advisors we work with have access to hundreds of insurance providers in the UK that ask no medical questions and don’t require a physical.
Do life insurance companies check your medical records?
We’re often asked if life insurance companies have access to medical records. You may be surprised to know that they do not. An exception to this rule would be that some life insurance providers may ask for a copy of your medical records in the event that a claim is submitted.
Do life insurance companies check medical records after death?
If the policy holder passes away, the life insurance company will ask for a copy of the death certificate and they may also write to your doctor to ask for a copy of your medical history as this can be used to determine the cause of death.
How do life insurance companies check medical background?
It would be unusual for a life insurance company to check your medical records as they rely on the information you give them to decide whether to offer protection and at what price.
It is therefore up to you to provide accurate and relevant information, unless the life insurance company requests a medical examination.
Should I get cheap life insurance without a medical exam or questions?
Inexpensive policies are all well and good, but the problem is that some cheap life insurance policies that require no medical might lack the full range of cover you need.
When it comes to life insurance, you want to feel confident that after paying your premiums, your beneficiaries will be left with a sufficient pay out that can cover their expenses.
The insurance advisors we work with can take you through the different life insurance options that may be available to you and can demonstrate how each level of cover could affect the price you pay.
Call 0808 189 0463 or make a quick enquiry.
Can I get senior citizen life insurance with no medical exam?
Depending on your personal circumstances and the level of cover you need, it may be possible with the help of an insurance advisor to find senior citizen life insurance with no medical exam.
Using their knowledge of the insurance market, they can highlight the best life insurance companies for seniors and can recommend which policy can offer you the most affordable level of cover without having to have a medical exam.
Where can I find guaranteed life insurance with no medical questions?
Insurance brokers, like the ones we work with, have access to a database of all of the current rates as well as the life insurance providers that require no medical.
This allows you to access a wider range of choices for life insurance which can make the process of finding the most affordable life insurance policies without a medical exam much quicker.
Speak to an expert
With the help of an advisor, you can find the best level of protection for the most financially beneficial price.
Whether you’re looking for the best non medical life insurance or cheap life insurance for seniors with no medical exam, we’re sure that the advisors we work with can find you a solution.
Call 0808 189 0463 or send your questions to an advisor for a free, no-obligation chat.