Key Takeaways: ; Several factors, including your career, health, and hobbies determine whether you’re a high-risk life insurance applicant. Some of those factors are more obvious than others. ; If you are considered a high-risk applicant for life insurance, that doesn’t mean you can’t purchase a policy. ; Policies for high-risk individuals are generally more expensive than standard insurance and may have more limitations and restrictions.
Key Takeaways: ; Some life insurers may require you to get a medical exam to buy certain life insurance policies. The results determine if you qualify for coverage and your premium costs. ; If an insurer requires a medical exam, your life insurance agent will schedule your appointment to send an examiner to your home or workplace. The insurer will also cover the cost of the exam. ; No-exam life insurance policies are available, but they’re usually more expensive than other types of life insurance because they assume a greater risk in insuring you.
A life insurance policy provides money for your dependents if you die prematurely. ; The earlier you buy a life insurance policy, the cheaper it is, regardless of the coverage amount. ; While life insurance helps your dependents, it can also provide savings and tax benefits.
Buying life insurance? Our guide explains the differences between term and whole life insurance so you can decide which type of policy is the best fit for your needs.
Can you get life insurance without an exam? In some cases, yes.
Compare our picks for the best term life insurance to find the best option for you. Top companies include Banner Life, State Farm, and Prudential.
The best no exam life insurance has a high age cap without sacrificing death benefits. Learn more from our guide on the best no medical life insurance.
Group term life insurance vs individual- Should I buy group term life insurance vs individual life insurance? Get the answer HERE!
U.S. News offers advice on the best long-term life insurance, including guaranteed issue and hybrid policies.
Life Cover of 1 Crore @ 21/day*** ; Return of Premium (ROP) Option^ ; Claim Settlement Ratio of 99.50%## ; Same Day Claim Processing#