Have A Medical Condition? Get Term Life Insurance No Medical Exam

Until recently there was no possibility of getting an insurance policy without undergoing a thorough medical exam.  While it is very good to undergo one, for many people who have a small pre-existing medical condition, this meant that they could not get any form of medical coverage.  Now, this worry has been eliminated with many insurance providers offering a term life insurance no medical exam.  This kind of plan can be got without the policy seeker having to undergo a complete physical.  Apart from those with a pre-existing illness, it also benefits those who do not have the time to undergo an exam or do not wish to.

Whatever be the reason, you can ask for an insurance life quote that does not require a person to undergo a medical exam.  Many insurance providers are giving this option to their clients and here are some ways to find one:

• Search for companies that offer a no-exam plan

• Visit their website and request a free quote for the same

• Go through the details provided

• Once you narrow down on a company, fill in the required questionnaire

• Submit the questionnaire and you will receive an instant quote

• Once you are satisfied with the quote, you can sign up for the policy

It is very important that you study the terms and conditions in detail before signing up for this policy.  Very often since the policy does not require a physical exam, the terms can vary drastically from a traditional insurance plan.  Another problem is that since it is a term life policy, once the term expires, the same conditions may not apply when you ask for a renewal.  In fact, at this point of time, the insurance company may consider you too old for a no-exam policy and either reject your renewal application or require you to undergo a physical before issuing one.

Also remember the fact that this is not a cheap life insurance plan at all.  It is much more expensive than a traditional one got after a medical exam is undergone.  After all since this is a policy taken on the life of a person, the insurance company has the right to demand that the applicant be in good health.  While they are prepared to waive the requirement of a medical exam, they will protect themselves by ensuring they charge much higher rates that they would for a standard plan.

A life insurance quote provides useful information about the various plans that will effectively suit the needs of each family.  The needs of no two families can be the same and to ensure that each one gets what they need, there are hundreds of packages available from insurance companies.  Getting an online quote is the best way to evaluate and compare the vast array of plans available and finding one for your needs.

After answering some questions that are required in a free quote, the details provided will be used by the search engine to go through the vast number of data available, sift through them and provide you information only about the policies for which you will qualify.   These forms take a few minutes to fill and a quick response will be given.  Before comparing quotes, you must decide if you want to compare only one type of policy or multiple types.  The choice depends on your financial condition and the future needs of the family.

For example, a young married couple with a mortgage and car loan may opt for a simple insurance term plan.  On the other hand, a person in his forties with an established career can opt for a whole life policy.  Once you realize that what is deemed cheap for one person can be the opposite for another, you will be able to narrow down your search to the quote that will benefit you and not your neighbor.

It is best to get a quote from a reputable company so that you will not be cheated.  If you are not sure about the type of plan that suits you, you can contact an insurance agent, conduct your own research on the Internet or read FAQs and testimonials from past customers of a policy.  By a process of simple elimination and understanding your coverage needs, you will be able to arrive at the right policy that will give you adequate protection.

Article by David Livingston of EQuote, who is a specialist in everything life insurance. For more information on whole life vs term insurance and term life insurance, visit his site today.