For many, particularly the elderly, the topic of insurance is not very popular. One reason why they shy
away from insurance policies is the long list of requirements set by insurers. However, the good news is
that it is now possible to get hold of these policies through quotes that need no medical exam results.
Regardless of age, sex and health status, any person is now legible for an insurance policy. This kind of
policy does not require individuals to go through an intimidating medical and physical examination.
The quickest and most accurate way to find out suitable insurance for your specific needs is to directly
talk to an expert. Normally, before one can obtain a life policy, he or she goes for a thorough medical
check up to prove his or her insurability, regardless of the insurance type. Nevertheless, it is possible for
one to get almost any type of insurance without having to go for medical checkup. One form of these
policies is the whole-life insurance that does not need medical exam results. It can be obtained by any
person. There are various other forms of this type of life insurance policies including:
1. 'Simplified issue' life insurance- This type of insurance policy does not involve a medical checkup.
Nonetheless, the insurers often ask the buyers to supply some medical information verbally, during the
course of application.
2. 'Guaranteed issue' insurance- This is also called guaranteed acceptance life insurance. It does not
necessitate one to undergo a medical exam nor do they ask any medical questions. This type of
insurance hardly ever turns individuals down.
3. 'Graded benefit' insurance- This requires no answers to questions relating to one's health, nor does it
necessitate anyone to go for a medical exam. Persons who are in their middle-age and ages that are
more advanced are the major users. However, purchasing and making payments of this policy is more
complex than for the others.
One reason for buying no-exam insurance is that it gives an opportunity to people who would otherwise
not qualify for a life cover. The majority of regular insurers refuse to give cover to individuals facing old
age or complicated health issues. Benefits from life insurance without medical cover can even be used to
cover funeral and other minor expenses. It is a great choice for those who are afraid of needles or
uncomfortable around doctors. The process of applying for these policies is simple and quick. However,
most of these insurance policies are quite expensive, because of the high risk the insurer takes