Life insurance is complicated. With term and whole life, exam vs no exam life insurance and the different coverage amounts and term lengths, shopping for life insurance can get overwhelming fast.
This is why we have compiled all of the information you need when choosing a no exam life insurance plan, and put it into easy to read charts and reviews so you can save time and money when shopping for no medical exam life insurance.
In this guide we have listed the most need to know information about no medical exam life insurance.
This guide (Updated in April of 2018) includes:
- No Exam Life Insurance Company Comparisons & Reviews
- No Exam Life Insurance Product Comparisons
- Cheapest & Most Affordable Options
- Getting a No Exam Life Insurance Quote
Over the last five years, our agents have sold thousands of no medical exam life insurance policies. Recently we polled all of our life insurance agents to see what the most common information requests were when someone is shopping for this type of policy. Here are the findings from our study.
You may be wondering:
What are the Top No Exam Life Insurance Companies
|Company Name||Financial Rating||Max Amount of No Exam Coverage||Ages Available||Average Approval Time||Get a Quote|
|Sagicor||A- Excellent||$1,000,000||18-65||24-72 hours||See Rates|
|North American||A+ Superior||$500,000||18-60||Less than 1 hour||See Rates|
|American National||A||$250,000||18-65||2-5 Days||See Rates|
|American Amicable||A+ Superior||$500,000||18-75||2-7 Days||See Rates|
|Phoenix||B||$500,000||18-80||1-7 Days||See Rates|
|Fidelity||A- Excellent||$250,000||18-65||1-7 Days||See Rates|
|Mutual of Omaha||A+ Superior||$400,000||18-65||2-5 Days||See Rates|
|Gerber||A||$100,000||18-50||7-14 Days||See Rates|
Or perhaps you’d like to:
Compare the Top No Exam Life Insurance Products Available
|Product Name||Terms Available||Riders Available||Phone Interview Required||Average Approval Time||Get a Quote|
|Sage Term (Sagicor)||10, 15, 20||Accidental death benefit, childrens term, waiver of premium||No||24-72 hours||See Rates|
|LifeVue Term (North American)||15, 20, 30||Accelerated Death Benefit||Yes||Less than 1 hour||See Rates|
|Signature Term Express (American National)||10, 15, 20, 30||Critital, Chronic and Terminal Illness||No||2-5 Days||See Rates|
|Term Made Simple (American Amicable)||10, 15, 20, 30||Critital, Chronic and Terminal Illness||No||2-7 Days||See Rates|
|Safe Harbor Term (Phoenix)||10, 15, 20, 30||Critical, Chronic and Terminal Illness, Unemployment||No||1-7 Days||See Rates|
|Fidelity||10, 15, 20, 30||Dependent child, accidental death, accelerated death benefit||No||1-7 Days||See Rates|
|Mutual of Omaha||15, 20, 30||Disability, waiver of premium, residential damage, refund all premiums||Yes||2-5 Days||See Rates|
|Gerber||10, 15, 20, 30||N/A||No||7-14 Days||See Rates|
You are also probably wondering:
Who are these companies, how long have they been in business, are they reputable? Well…
The Top No Medical Life Insurance Companies Backgrounds and Reviews
Sagicor Life Insurance
Sagicor is one of the most popular choices for customers looking for quick life insurance coverage. Their simplified issue policies can be approved in just minutes, and their rates are competitive with the other companies offering similar products. Sagicor has been in business for 175 years and has over 600,000 policy holders. They also are publicly traded with offices in FL, AZ, and OK. They currently have over $5 billion in assets. Read our full Sagicor life insurance review.
North American Company
Another great choice for quick and easy coverage is North American. Their simplified issue policies can be issued instantly over the phone with an agent. They have been in business for over 100 years as part of Sammons Financial Group. North American is rated as A+ with AM Best, as opposed to Sagicor’s BBB-. They have more than 595,000 life insurance and annuity policies on the books, over $22 billion in assets, and $117 billion of life insurance in force.
Fidelity was founded in 1896 with the focus of assisting everyday middle Americans in getting life insurance coverage. The company holds an AM Best rating of A-, and has over $405 million in total assets. They currently have over $30 billion of life insurance policies in force. The simplified issue policies from Fidelity over coverage up to $1,000,000 with turnaround times in 24-48 hours.
United of Omaha Life Insurance
Founded in 1926, United of Omaha has some great options for those in search of fast coverage. Their financial strength is rated A+ with AM Best. Their total assets come in at $38.5 billion and they have over $300 billion of life insurance in force.
What about price?
Cheapest/Most Affordable No Exam Life Insurance Policies
The following quotes are for a healthy, non smoking 35 year old female. The rates shown are for a 15 year term with $100,000 of coverage.
|Sagicor Sage Term||$100,000||15||$9.83|
|North American Life Vue Term||$100,000||15||$12.94|
|Phoenix Safe Harbor Term||$100,000||15||$17.35|
Where can I start?
Get a Quote and Compare No Exam Life Insurance Rates from the Best Companies
To get a custom quote for a no exam life insurance policy from the top companies, click here. We offer customers the ability to compare different rates and apply online. Our licensed agents are available at 888-407-0714.
Compare No Medical Exam Life Insurance Companies and Plans by Jonathan Holloway