No exam life insurance lets you skip the medical exam. Compare types, costs, eligibility, and when no-exam coverage is the right fit versus traditional underwriting.
No exam life insurance lets you buy coverage without a medical test, and often without bloodwork or a nurse visit. You either answer a short set of health questions or, in some plans, none at all. Here is how the two main types work, what they cost, and who each one suits best.
Because there is no exam, the insurer relies on your answers and on database checks such as prescription history and motor vehicle records. Approval can be fast, sometimes within days or even minutes for simplified issue. Coverage amounts on these final expense style policies typically range from about $2,000 to $50,000, which suits funeral and final expense planning rather than large income replacement.
You pay a premium for the convenience and the relaxed underwriting. Simplified issue costs more than a fully underwritten policy of the same size, and guaranteed issue costs the most because the insurer accepts everyone. As a rough example, a small whole life policy for a person in their sixties can range from roughly $30 to over $100 per month depending on the coverage amount, age, tobacco use, and which tier you qualify for.
If you are in good health, it is worth comparing a no exam simplified issue policy with a fully underwritten one, because the fully underwritten option may be cheaper if you are willing to take the exam.
Is no exam life insurance more expensive? Usually yes, because the insurer takes on more unknown risk. Simplified issue costs more than fully underwritten coverage, and guaranteed issue costs the most.
Can I be denied no exam life insurance? Simplified issue can be declined based on your health answers. Guaranteed issue cannot be declined within the eligible age range.
How much coverage can I get with no medical exam? Final expense no exam policies typically range from about $2,000 to $50,000.
How fast is approval? Simplified issue can be approved in minutes to a few days. Guaranteed issue is approved automatically.
At Titan Concierge, we compare no exam carriers so you get the right tier at the right price. Talk to a concierge with no pressure.