A. The answer is, it depends.
No Medical Exam Life Insurance (aka No Exam Life Insurance, Nonmed Life Insurance, Simplified Life Insurance, Guaranteed Life Insurance) is life insurance that does not require a paramed exam. Specifically, it does not require a blood sample, which many insurance applicants want to avoid.
No Medical Exam Life Insurance is usually bad for very healthy people because of higher premium costs.
However, it is good for people who have various health conditions, such as high blood pressure, high cholesterol, overweight, etc. For these people, if they apply for a medically underwritten policy, they could be table rated and have to pay a very high premium. Usually a No Exam policy would have a lower premium
Also, for people with serious health conditions they would be declined normal life policies, No Medical Exam Life Insurance is the only option available to them.
Please contact us if you have serious health conditions and have been declined life insurance elsewhere, we will find one No Med Exam policy for you.