Term Life Insurance Q&A
- Why should I choose BeyondQuotes?
- Which companies do we represent?
- Is BeyondQuotes licensed where I live?
- Is my information confidential?
- Do you only offer rate quotes?
- How do we choose which companies to represent?
- How much Term Life Insurance do I need?
- What are "level" policies?
- What should be the term length?
- Is it worth insuring my spouse on my policy?
- Can you explain the difference between Term and Whole Life plans?
- I suffer form a pre-existing condition. Can I still be insured?
Applying for a Policy
- How do I apply for Term Life Insurance?
- How do I find the best value plan for my needs?
- What is the waiting period between applying and coverage?
Assured Coverage with Term Life Insurance No Exam
Uncertainties of life and high living expenses make it essential to enroll in an affordable term life insurance. Every day somewhere on the globe natural disasters strike us without prior notice and no one knows who will be their next victim. To prepare us for the most unexpected occurrence, term life insurance no exam is the best alternative available to us.
The most amazing thing is that it can cover any person with almost any condition, however, simple or complex. The plan is comprehensive, unique and affordable to fit every budget and requirement. There is no requirement of endless paper work as majority of the work can be done online.
The intense competition is quite beneficial to the end consumer as most of the companies provide insurance quotes for free and the customer service is quick and is ready to serve people in any corner of the country.
Benefits of Enrolling in Insurance Plan
The coverage is applicable almost immediately as the person sends the application and it is approved. In very rare instances the company puts a waiting period on the application. People with immediate insurance needs, like sick people and travelers can enroll in it without any constraint and hassle.
People who are looking to buy an insurance plan should buy it without thinking twice here. People can apply for it irrespective of their age, and save time from filling lengthy paper work and one can spend this time making arrangements for travel.
People who have health issues are considered high risk prospects by companies and therefore they are offered coverage at higher cost compared to people who are able to clear the medical examination.
The respective policy is unique in the sense that it does not require any medical examination from the applicant and in most cases the applicant is not even asked question related to his or her health.
People with serious illness like diabetes, cancer, HIV among others are scared of undergoing a medical examination. People undergoing medical examination have to go through a lot of hassles to clear the medical examination and have to clear numerous lab tests including urine, blood, sugar level and more which can be quite a burden on the pocket. You can save a lot of money and time.
There is something to rejoice for older people as well. While most insurance companies step back from providing coverage to older people, whereas this plan provide coverage to people of any age.
Cost of Term Life Insurance No Exam
The point to consider here is that term life insurance without a medical examination may cost a little higher in comparison to insurance policies that are given after undergoing through the whole underwriting process and proper physical and medical examination.
Insurance companies determine the risk of an applicant by examining the life expectancy and other evaluations related to it. There is clear risk associated with term life insurance no exam and this risk transforms into elevated premiums.
The ease and convenience associated with it make many people to enroll in this plan; the fact that the whole procedure can be completed online makes these plans all the more favorable. People who have medical complications may find it difficult to get life coverage. The ideal option for them is to enroll in graded death or guaranteed issue life coverage.
On the other hand, simplified issue term life insurance no exam is best bet for a person who is quite assured of his or her good health and want to avoid prolonged and cumbersome application process or the requirement for a medical examination. It is just that some people just do not like the idea of getting pierced by needles or getting their blood drawn in a syringe.
People who fall under any of these categories must not waste any time to get enrolled in it. With this plan a person can have same amount of coverage as with any other plan. Some companies can offer coverage up to five hundred thousand dollars.