We have discussed the no exam life insurance in detail. It is time to have a look at some Top No Exam Life Insurance Companies. The companies providing this facility are normally very strict in their policy regarding the customer’s medical condition, age and background. They also make your death benefit limited from $25,000 to $500,000 depending on the company as this value varies from company to company.
All companies have different terms and conditions. Each company will have some benefit as well as some restrictions. The thing that all the No Exam Life Insurance Companies will have is no medical exam. You just have to find the best company that fits best according to your needs and budget. Below We have listed some of the best companies providing the facility of life insurance without any medical exam.
1.National Life Group
National Life Group (NLG) is rated A by A.M. Best. They have a very strict term and conditions in their contract so, it best for healthy people who are looking to but their insurance very quickly. They have the facility to approve your application very quickly, in fact within a day or even after 30 minutes. They also have the facility to make contract online or over the phone without any paper work. They offer $250,000 worth of coverage only for the 10 to 20 years of term.
Sagicor is also an A rated and one of the top No Exam Life Insurance Companies. Approval time is 3 working days which means that probably you will know at the end of application or after 3 days that whether you are rejected or need some more reviews. They offer up to $400,000 worth of coverage for the term of 10 to 20 years. Reasonably healthy people are recommended to go for this company with a fair history of health issues. They are also very strict in their underwriting.
Transamerica is a very popular and strong company amongst the No Exam Life Insurance Companies. The process of approval can take maximum 30 days. Coverage of $250,000 is offered by them for the 1 to 30 year of term. It also includes options for living benefit and is ideal for liver diseased.
American National is also rated A. It is more tolerant with underwriting as compared to other No Exam Life Insurance Companies. They also offer $250,000 of coverage for a 10 to 20 year of term insurance. It can take up to 1 month to get approval with American National. They are also comparatively softer towards their policy for the people considered to be high risk.
5.Fidelity Life Insurance
Fidelity life insurance is also an A-rated and offers the facility of no medical exam policy. It is possibly the most famous amongst the No Exam Life Insurance Companies. It takes one to two days to get approval and the application process takes just about 20 minutes or so. Coverage limit by Fidelity Life Insurance is also $250,000 for a 10 to 30 years term insurance. This company is also recommended for moderately healthy people and having fair history of health issues.