What’s Needed to Buy Life Insurance with No Medical Exam?

1. Who Needs No Physical Life Insurance? You could be wondering why bother purchasing life insurance with no medical exam. Do you really need this form of protection? Isn’t it a significant expense? Actually, it’s not. According to the Insurance Information Institute, most people actually overestimate the cost of life insurance. That’s particularly true of Millennials, almost half of whom overestimate the costs by up to five times. So, life insurance is not particularly expensive. But does it really offer the protection that you need? Yes, it really does. As Forbes points out, life insurance might not be sexy, but it is “a crucial element of sound financial planning.” http://life-insurance-quotes-companies.com/no-exam-life-insurance

4. Why Choose No Exam Life Insurance? • Why choose to purchase life insurance with no medical exam? Actually, according to the Insurance Information Institute, half of all consumers in the US would purchase life insurance if there were no physical exam required. Why is that? There are quite a few reasons: • Time: Perhaps the single most common reason for consumers to want to avoid having a physical for life insurance is the time commitment required. It takes a significant amount of time just to compare insurance offerings form different companies, but you can expect to set aside most of a day if you’re required to go to a medical office for a physical examination. That’s a huge inconvenience, not to mention the impact it could have on your professional and personal lives.