gerber no medical exam life insurance

Some life insurance policies do not require a medical exam. Find out about the options available for low-cost, easy-to-understand coverage.

We compared life insurance companies for over-50s and focused on key features such as maximum age, no-medical exam policy options, available riders and financial strength.

These policies are advertised by many companies, but be careful not to jump on the bandwagon. You should be careful with life insurance. Because there are up to six different types of no exam life insurance.

It's easy to obtain life insurance quickly without having to undergo a medical exam. The application process is quick and easy, there's no waiting period, and you may be more likely to get coverage. This could allow you to get coverage you wouldn't otherwise be able (e.g., if you are a firefighter or construction worker, driver of a racecar, etc.). However, choosing a policy without a medical exam could increase your premium and reduce your coverage.

If you are unable to undergo a medical exam, life insurance is not available. It is possible to smoke or have a pre-existing condition. If you are afraid of needles, life insurance is possible without a blood test. Life insurance does not require waiting periods or involve any hassle. Traditional life insurance is generally more affordable for younger applicants.

You will need to adjust your life insurance requirements as you get older. Your children have probably grown up and now live their lives independently. You don't have to provide financial support for them. You might have also paid off your mortgage or other debt. This is why people over 50 see life insurance differently to what they did in 20s and 30s.