Things to consider
If you have some sort of health problems, the chances are that you have already been rejected by a few insurance providers. Well, that’s a common thing because insurance providers don’t offer any coverage if you come with some health related issues. That’s why all of these insurance companies ask for a medical exam well before approving your application. But, do you really think this holds true for all providers? Probably not!
There are a few who can help you get life insurance even if you have some health problems. This is mainly due to the fact that these providers don’t make you undergo a physical exam, and that’s why these policies are called, ‘no medical life insurance’. But, before you finally apply for one such policy, make sure you pay attention to few important things.
One thing you need to bear in mind is that you should fill out your application form with all correct info. Yes, this is a no exam insurance policy, but you should be honest when providing your medical details. This is for two reasons. One, these providers are going to learn about your medical history through their own specific resources, so they may reject your application if they find you entering wrong information. Two, they may make it hard for you to get your claim by basing their arguments on the wrong information that is being provided by you in the first place.
Another thing to keep in mind is that rates of these policies vary between providers, so shop around. Use internet to get quotes from a site specializing in no medical life insurance and having a large network of life insurance companies.
Finally, you can actually opt for a group life insurance to keep yourself from undergoing a medical exam. But, if you are interested in getting approved in no more than few minutes, then it is hard to find a better option than no medical health insurance.