No-Exam Life Insurance Options Arizona AZ

Reader’s Question:

What kind of insurance can I look for here in Arizona if I don’t want to go through any form of medical tests?

Kirsten

Flagstaff, AZ

You should look into getting a No-Exam or Guaranteed Acceptance Life Insurance provider there in Arizona. For many reasons some people today are just not comfortable having to go through any sort of physical or medical screening just for life insurance and there is no problem with that. The life insurance industry is a very competitive place and companies today can’t really be too choosy in accepting customers cause otherwise they will be quickly out of business.

With No-Exam and Guaranteed Acceptance policies you would not have to submit any form of medical histories nor would you need to answer extensive questionnaires. The most that would be asked involves the basic necessary information about you as well as your beneficiaries. This type of policy also tends to be approved the fastest.

Here’s the catch though. You do face having to pay much higher life insurance premiums or rates. Due to lack of any information to determine how long you will live you therefore represent a very high-risk to the providers business and to compensate for that risk they will charge more. Some might include stipulations that hold death benefit entitlement if you die too early within the coverage period where you will have to wait two or three years before coverage becomes activated. It would be smart to understand the terms of the agreement before agreeing to buy this kind of policies.

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