{"id":2834,"date":"2020-01-28T20:36:45","date_gmt":"2020-01-28T20:36:45","guid":{"rendered":"https:\/\/fidelitylife.com\/?p=2834"},"modified":"2020-01-28T20:36:45","modified_gmt":"2020-01-28T20:36:45","slug":"do-i-need-to-take-a-medical-exam-to-get-life-insurance","status":"publish","type":"post","link":"https:\/\/staging03.wordpress.fidelitylife.com\/?p=2834","title":{"rendered":"Can you get life insurance without a medical exam?"},"content":{"rendered":"

If you\u2019ve shopped for life insurance before, you\u2019ve probably heard about life insurance medical exams. But does every plan require one \u2013 and is there any way to get out of it? The good news is that life insurance companies now offer options that allow you to qualify for a policy without a medical exam. However, in certain circumstances, you may want to undergo a medical exam to get the best rates. But what\u2019s actually involved in an exam? Does every plan require one \u2013 and is there any way to get out of it?<\/p>\n

Since life insurance companies are actually insuring your life, your health is one of the first things they\u2019ll look at when reviewing your application. A medical exam helps insurance companies decide if you are eligible for a policy and what your rates will be. These exams are quick, free, and convenient, but taking one can make some people think twice about applying for life insurance. According to a recent LIMRA study, 47% of people are more likely to buy simplified life insurance<\/a><\/u>, partly because there\u2019s no medical exam required.<\/p>\n

That\u2019s why more companies are starting to use new methods to assess your health \u2013 no appointment necessary. At Fidelity Life, we offer several alternatives that don\u2019t require customers to take the traditional medical exam. Whether you can\u2019t stand needles or are worried that your health will prevent you from getting covered, here\u2019s your guide to getting covered without saying \u201cAhhh.\u201d<\/p>\n

When you may not need a medical exam for life insurance<\/h2>\n

You may be able to avoid the life insurance medical exam in the following situations:<\/p>\n

You\u2019re in good health…<\/h3>\n

Unlike many insurance companies, which won\u2019t make a decision about your eligibility until after your medical exam, Fidelity Life walks you through your application as soon as you apply. If you\u2019re healthy, you may qualify for traditional term life or permanent life insurance from Fidelity Life<\/a> without having to take a medical exam at all.<\/p>\n

How is that possible? Simple. We were the first company to help qualified customers fast-track their applications with predictive analytics. Today, that means a quicker approval process<\/a>\u00a0 that may allow you to skip the exam completely.<\/p>\n

For our RAPID<\/em><\/strong>ecision\u00ae Life<\/a> plans, qualified applicants can get approved in as little as one call, without having to wait weeks to schedule an exam. Some of our other policies, like final expense insurance<\/a> and accidental death benefit insurance,<\/a> also allow you to skip a medical exam.<\/p>\n

You have health concerns and want a lower coverage amount<\/h3>\n

Less-than-perfect health doesn\u2019t have to stop you from getting coverage. If you\u2019re looking for a life insurance option that doesn\u2019t require a medical exam, simplified or guaranteed issue life may work best for you. Simplified issue helps the life insurance approval process move faster<\/a><\/u> \u2013 something two-thirds of Americans say they want during the buying process. Instead of a medical exam, you\u2019ll be asked to fill out a short health survey and possibly submit your medical history.<\/p>\n

With guaranteed issue, you don\u2019t need to share your medical history and you can\u2019t be refused coverage for health reasons. You may be asked questions about health conditions and lifestyle habits, but these questions will just help your carrier determine how much you should pay for your plan. These plans are more expensive than other types of life insurance, but can help you lock in the coverage you need if a traditional policy isn\u2019t right for you. Learn more about simplified issue and guaranteed issue \u00a0life insurance from Fidelity Life here.<\/p>\n

When you may need to take a life insurance medical exam<\/h2>\n

There are certain situations where you may need to take a medical exam, regardless of your health status, including:<\/p>\n

You want a higher coverage amount<\/h3>\n

If you’re looking for a significant amount of life insurance coverage, say a one million dollar life insurance policy or more, you’ll likely need to be in good health to qualify. Taking a medical exam to verify your health status means you may be eligible for a better rate than if you don’t do the health exam.<\/p>\n

Your health status has changed<\/h3>\n

You may want to take a life insurance medical exam if your health has changed for the better. For example, if you’ve quit smoking, lost weight, or significantly improved your health since your policy was issued, you can request a new medical exam. If approved by your insurance company, the results of the new medical exam could qualify you for a better rate, saving you money over the life of the policy.<\/p>\n

How to prepare if you need a medical exam<\/h2>\n

We make sure that taking a medical exam is a simple and convenient process. Fidelity Life believes taking a medical exam for life insurance<\/a> should be simple and convenient. Once you\u2019ve applied for a life insurance policy, a certified medical professional will come to the location of your choice for the exam, which takes about 30 minutes.<\/p>\n

A medical exam usually includes:<\/p>\n