In the market for life insurance, but want to skip the medical exam for one reason or another? Here are the best no medical exam policies from highly rated U.S. insurers. Some of these policies guarantee acceptance regardless of your health, while others require you to answer a few health questions to qualify for coverage. But no matter the situation, they never require a medical exam. Show
Why you can trust NerdWallet: Our writers and editors follow strict editorial guidelines to ensure the content on our site is accurate and fair, so you can make financial decisions with confidence and choose the products that work best for you. Here is a list of our partners and here’s how we make money. Best no medical exam life insurance of November 2022The following insurers earned a NerdWallet rating of at least 4 out of 5 stars. NerdWallet scores companies on consumer experience, financial strength and complaint data. Financial strength can indicate an insurer’s ability to pay claims in the future, and a low number of consumer complaints means you and your life insurance beneficiaries are likely in good hands. How we ranked the top life insurersNerdWallet’s life insurance ratings are based on consumer experience, complaint index scores from the National Association of Insurance Commissioners for individual life insurance, and weighted averages of financial strength ratings, which indicate a company’s ability to pay future claims. Within the consumer experience category, we consider ease of communication and website transparency, which looks at the depth of policy details available online. To calculate each insurer’s rating, we adjusted the scores to a curved 5-point scale. These ratings are a guide, but we encourage you to shop around and compare several insurance quotes to find the best rate for you. NerdWallet does not receive compensation for any reviews. Read our editorial guidelines. Best no medical exam life insurance policiesLearn more about each company in our top list by reading the brief summaries below and checking out the NerdWallet review links. Jump to: Haven Life: Best online experienceOur take: Great for online experience. The company’s website is informative and user-friendly, making it easy to buy coverage online. Policy type: Term. Policy name: Haven Simple. Issue age: 20 to 55. Coverage: $25,000 to $500,000. Medical: No exam, but you may have to answer questions about your health. AARP: Best for senior membersOur take: Great option for senior AARP members. Older applicants can get coverage without answering any medical questions or taking an exam. Policy type: Term. Policy name: Level Benefit Term Life Insurance. Issue age: 50 to 74 (AARP members). Coverage: $10,000 to $150,000 (up to $100,000 for Montana and New York residents). Medical: No exam, but you may have to answer questions about your health. Policy type: Whole. Policy name: Guaranteed Acceptance Life Insurance. Issue age: 50 to 80 (AARP members). Coverage: Up to $25,000. Medical: No health questions or exam. USAA: Best for military personnelOur take: Great for military personnel. Policies at USAA are often designed for members of the armed forces. Policy type: Whole. Policy name: Guaranteed Whole Life Insurance (not available in Montana). Issue age: 45 to 85 (50 to 75 in New York). Coverage: $2,000 to $25,000. Medical: No health questions or exam. Find the right life insurance plan for you Make sure you and your loved ones are covered - compare customized life insurance quotes from our partners.  Country Financial: Best for customizationOur take: Great for customization. A range of life insurance riders can be added to both term and whole life policies so you can customize your coverage. Policy type: Term or whole. Policy name: Simplified life insurance. Issue age: 50 or younger. Coverage: Up to $100,000. Medical: No exam, but you may have to answer questions about your health. Nationwide: Best for accessibilityOur take: Great for accessibility. All applicants ages 80 or younger can apply for this policy. Policy type: Whole. Policy name: Nationwide YourLife Simplified. Issue age: 80 or younger. Coverage: $10,000 to $50,000. Medical: No exam, but you may have to answer questions about your health. Erie Insurance: Best for built-in benefitsOur take: Great for included benefits. Both term and whole life policies include an accelerated death benefit rider at no extra cost. Policy type: Term or whole. Policy name: ERIExpress Life. Issue age: 18 to 55. Coverage: $10,000 to $500,000. Medical: No exam, but you may have to answer questions about your health. American Family: Best for smaller coverage amountsOur take: Great option for smaller coverage amounts. Whole life policies are capped at $15,000, which can help cover final expenses like funeral costs. Policy type: Term. Policy name: DreamSecure Simplified Term Life. Issue age: 18 to 60. Coverage: $50,000 to $150,000. Medical: No exam, but you may have to answer questions about your health. Policy type: Whole. Policy name: DreamSecure Senior Whole Life. Issue age: 50 to 80. Coverage: $10,000 or $15,000. Medical: No exam, but you may have to answer questions about your health. Bestow: Best for higher coverage amountsOur take: Great for high coverage amounts. Death benefits can reach $1.5 million. Policy type: Term. Policy name: Bestow Term. Issue age: 18 to 60. Coverage: $50,000 to $1.5 million. Medical: No exam, but you may have to answer questions about your health. John Hancock: Best for speedy applicationsOur take: Great pick if you want a quick decision. Applications can be processed in five to 10 minutes. Policy type: Term. Policy name: Simple Term. Issue age: 20 to 60 (10- and 15-year terms), 20 to 55 (20-year term), 20 to 50 (25-year term), 20 to 45 (30-year term). Coverage: $25,000 to $500,000. Medical: No exam, but you may have to answer questions about your health. Find the right life insurance plan for you Make sure you and your loved ones are covered - compare customized life insurance quotes from our partners. Alternatives to no medical exam life insuranceIn general, coverage that skips the exam can be pricey. So if you’re young and healthy, you may want to consider a policy with full medical underwriting. If you’re looking for a quick application process, you may want to consider instant life insurance, which uses big data and complex algorithms to calculate risk and reserves the right to ask for an exam. Insurer complaints methodologyNerdWallet examined complaints received by state insurance regulators and reported to the National Association of Insurance Commissioners in 2018-2020. To assess how insurers compare to one another, the NAIC calculates a complaint index each year for each subsidiary, measuring its share of total complaints relative to its size, or share of total premiums in the industry. To evaluate a company’s complaint history, NerdWallet calculated a similar index for each insurer, weighted by market shares of each subsidiary, over the three-year period. NerdWallet conducts its data analysis and reaches conclusions independently and without the endorsement of the NAIC. Ratios are determined separately for auto, home (including renters and condo) and life insurance. What is guaranteed acceptance life?Guaranteed acceptance insurance is life insurance that does not require a medical exam or health questions in order to be approved for coverage. Those who may not qualify for other types of life insurance due to a health concern could still get life insurance protection with a guaranteed acceptance policy.
What does Colonial Penn give you for $9.95 a month?The Colonial Penn life insurance plan for $9.95 per month is a guaranteed acceptance whole life policy with a waiting period of two years. It offers permanent lifelong coverage with a premium that will never increase and builds cash value. There are no health questions or exams to determine your eligibility.
What can cause life insurance to be denied?People are typically denied life insurance because they fall into a high-risk category. This is often due to health challenges like diabetes, obesity or a previous diagnosis of serious disease. There are also nonhealth reasons for being denied life insurance.
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Guaranteed acceptance life insurance no medical questions
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