Life Insurance For Seniors No Medical Exam. Healthy adults who want to get coverage quickly or are reluctant to get. Seniors over 80 in poor health, or who have a medical condition, must apply for guaranteed issue life insurance with a waiting period.
Here is an overview of life insurance options for seniors, along with each option’s pros and cons. However, that isn't the case, a true no physical exam policy does just that, it doesn't require a physical, but it does require the same underwriting requirements of a normal life insurance policy: People in good health over 80 should apply for burial insurance with medical questions (no medical exam).
You may think you’re clever, but companies these days have access to data that can be verified in milliseconds.
Skipping the life insurance medical exam can make sense for several reasons. The maximum coverage most companies offer for a no medical exam term policy is $1,000,000. Getting traditional life insurance can be time consuming, involving multiple steps that can wind up distracting our attention from our required routines. Seniors over 80 in poor health, or who have a medical condition, must apply for guaranteed issue life insurance with a waiting period.