No Medical Life Insurance
Several life insurance providers offer insurance policies that require no medical assessment when you sign. No medical life insurance may be an attractive option if you are having difficulty finding a life insurance policy because of certain health issues or if you are looking for a faster and less invasive process.
Life insurance without taking a medical
When you take out an average life insurance policy you will be asked a set of health question, and depending on personal factors such as your health, family history, and age, may subsequently be required to get a medical examination with a doctor. No medical life insurance policies rule out the need for a medical, and a few policies even dispense with many or all of the health questions you are normally asked when you take out an average life insurance policy.
What else should I know about no medical life insurance?
When taking out no medical life insurance, or any other type of insurance policy it is important to answer any questions that you're asked correctly. If you fail to declare a pre-existing medical condition when asked to do so your insurer will not pay out if you then pass away as a result of that condition.
No medical life insurance is likely to come with a higher premium than other types of life insurance because there may be more risk involved for your provider.
Professional advice
For help finding the right life insurance cover to meet your needs speak to a member of an independent life insurance advice team, receive impartial advice and a no obligation consultation.
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