Michelle

Oklahoma City OK

Getting a life insurance is always considered a wise decision. Generally, people like the idea of getting a life insurance as investment, savings, protection, security, peace of mind, and others. But the list of requirements, medical exams, underwriting procedures that they need to undergo could sometimes turn them off from applying for life insurance. They get discourage with all the rules and procedures the life insurance companies imposed on them before they can get an insurance policy.

There are life insurance companies in Oklahoma who sympathize with the sentiments of these people. Thus, they created a new type of insurance which is categorized as term life insurance no physical exam which no longer requires a person to undergo numerous medical, occupation and other assessments to determine their insurability. This term life insurance no physical exam is more known as ’simplified issue term life insurance.’

Insurance companies would usually described the simplified issue insurance as no medical exams to be taken, no visits by sales representative, available for purchase online, a do-it-yourself insurance application, and saves time and hassles. If the said descriptions fit your idea of a life insurance, then you can consider term life insurance no physical exam life policies as your additional insurance.

As the name ’simplified issue life insurance’ suggests, getting this type of insurance is simple and easy. They are available online for your convenience. You can apply for term life insurance no physical exam online. No medical examinations will be required but you have to answer a few medical questions when you apply. They usually ask about history of a chronic disease, recent hospitalizations, and history of cancer and heart disease. If you answer that you do not have history on any of them, then instantly your application for insurance is approved.

You should answer their questions honestly, because if the insurance company in Oklahoma would find out that you lie in answering the questions, it can be a ground to revoke your policy. And, your beneficiaries would end up with nothing.

George

Oklahoma City OK

Many individuals choose term life insurance without medical exam because it is quick and easy to start the policy. Once you apply online and are qualified for coverage, your life insurance protection begins at the very same day giving you the peace of mind that your family is secured.

This special type of policy is being offered by most insurance companies, 100 percent risk free. Most insurers, after a policy has been issued, grants a certain period of time where you can change your mind or cancel your policy for whatever reason. This certain phase is often called as “free-look” period. If you suspend your coverage within this period, you will receive a full refund of your premiums.

You can purchase your term life insurance without medical exam quotes and policy online. Even if you are a smoker, overweight or on a medication, you still get a chance to obtain coverage. If you qualify, you can choose from $25,000 to $500,000 worth of coverage. You’ll no longer need to take physical check up but only answer a few health questions.

However, there still some policy holders who considered it a mistake when they chose to apply for term life insurance without medical exam. While it may be more convenient and quick to obtain a policy that way, it will cost you a fortune in the long run. It is because a no exam life insurance is expensive because the insurance company doesn’t have any opportunity to thoroughly evaluate the risk of the applicant.

The main reason why most life insurance companies require a potential policy holder to undergo a medical exam is for them to determine the life insurance cost to charge to the applicant. If the examination reveals that you are likely to die at an early age, insurers would want to collect more premiums at an earlier part of your life. Conversely, if you are most likely to live longer, they would not need to collect many premiums from you since you are expected to continue making premium payments in a longer period.

Jonah

Oklahoma City OK

These days, it is very much possible for people like you to get covered for a specified period of time without being required to take a physical exam. This policy is called term life insurance no physical exam and is being offered by a number of insurance companies.

The major catch of this form of life insurance, aside from the no physical exam aspect, is that it is very convenient to apply. All you have to do is to go online and search for life insurance company websites and fill out their short online application form. Since you would no longer be taking the medical exam, you will be asked to answer health questions for the insurers to have an idea of your health condition. Once you’re done answering those forms, and if qualified, you get instant approval and receive coverage right on the spot.

However, there are few trade offs for this policy. A term life insurance no physical exam policy can be a bit more expensive as compared to those that require a medical exam. Another thing to keep in mind is this is not a guaranteed issue product. A guaranteed issue, when used in connection with health insurance means that a plan will be offered regardless of medical condition. Although there is a no medical exam requirement in this policy, you are still to go through answering those very detailed questions about your health history and it is extremely significant to answer it as accurately as possible.

Most life insurance companies, as a condition of issuance, also reserve the right conduct an investigation before disbursing any death benefits. As a matter of fact, most of them have become very skillful over the years in determining any fraudulent applications resulting to a canceled policy or not receiving benefit altogether. So if you think you have a condition that would not qualify you for a term life insurance no physical exam, be sure to open this up with your insurer for some arrangements. Each life insurance company looks at risk differently so it makes sense to visit several of them.

Elize

Oklahoma City OK

A term life insurance is a life insurance that provides temporary protection for a specific number of years. Its term periods are commonly available at 5, 10, 15 or 20 years. It does not build cash value and automatically expires at the end of the specified term unless otherwise renewed by the policy holder.

A term life insurance may be offered either requiring a medical exam or not. In the past, a medical exam is usually required to those who applied for life insurance most especially for those who are requesting for a $100,000 or more coverage. Presently, there are now insurers who offer no exam term life insurance policies. This policy is obtainable for up to $500,000 coverage with no physical exam needed but just answering a few health questions. This policy is best recommended for healthy individuals. You may or may not qualify for a policy if you have an existing health issue.

There are several advantages when you apply for a no exam term life insurance policy in Oklahoma. You can choose a coverage ranging from $25,000 to $500,000. This policy also fits those who don’t have anymore time for a medical exam. No insurance agent will call or visit you. You can also purchase this policy directly online. You no longer have to wait for months for your application to be processed. Your policy will take effect at the same day your policy is approved. You will have a fixed amount of premiums and will never be canceled as long as you pay on time. Lastly, benefit claims are directly paid to your beneficiaries free of federal tax.

There are also some important things to keep in mind when considering for a no exam term life insurance. When you compare plans, verify if full coverage will be immediately available on the first day of your policy. Double check if how long will you be assured that your life insurance rate and coverage remains at parallel. And lastly, do not fail to review the financial strength of the insurers. Through this, you are assured of your insurer’s capability to meet its financial obligations.

Cris

Lawton OK

Hello Cris!

When you browse various websites you will see a box where you can type in your zip code to get a no exam life insurance quote like the one you see on the top of this page. You will then see a listing of different life insurance companies. You will be asked to enter basic information to see no exam term life insurance quote and choose what suits your needs. You will fill out information and click the apply button. It usually takes three days with some life insurance companies to process this and some life insurance companies can offer you instant no exam life insurance policy where you can print the policy. It very easy, simple and you do not need to speak to a live insurance agent.

Always remember that before purchasing no exam life insurance policy online, be sure that you have taken into consideration what your budget may allow. It is very essential to have a face amount of life insurance in place. When you die, you do not want to burden your family with the funeral cost that is why a no exam life insurance is an option for you to get this off of your mind. What are you waiting for?