Sentences with phrase «speed of a no medical exam»
Some prefer the convenience and speed of a No Medical Exam life insurance policy.
https://www.lifeinsuranceblog.net/
Some like the convenience and speed of a No Medical Exam life insurance policy.
Not exact matches
In order to speed up the time in underwriting, as well as to cut underwriting costs, many top - rated life insurers have opted to forgo the medical exam on term life policies that have death benefits of up to $ 1,000,000.
No medical exam life insurance helps speed up the process by a few weeks because it skips the medical exam portion of the underwriting process.
As mentioned above a no exam policy should be considered primarily because of the convenience factor, the speed of completing the underwriting process faster, and to avoid any surprises from your labs from your medical exam particularly if you haven't been to the doctor in a while.
One of the main speed bumps can be if the underwriter has to verify any medical information they received from your application or paramedical exam.
This can speed up the timeline considerably: certain aspects of the medical exam can take several weeks, so cutting it out means your family is protected faster.
In order to speed up the time in underwriting, as well as to cut underwriting costs, many top rated life insurers have opted to forgo the medical exam on term life policies that have death benefits of up to $ 250,000.
Applying for No Medical Exam Term Life Insurance can be a very good choice for people that can take advantage of the speed of issuing the policy with the advantage of not having to take some of the tests that go with the process of a fully underwritten policy.
Now aside from the fact that these «No paramedical exam» options can really speed up the process of getting insured (coverage in hours vs days), there are also many other reasons to consider a no medical exam term life insurance policy.
The convenience and speed of the non medical exam option is a major reason for buying.
Now aside from the fact that these «No medical exam» options can really speed up the process of getting insured (coverage in 1 hour vs 30 days), there are also many other reasons to consider a no medical exam term life insurance policy.