If you have had a hard time in the past qualifying for life insurance due to the medical examination, there is good news – you have other options available to you now through a no medical exam life insurance policy through Transamerica. These no exam plans can provide you with the insurance protection that you need, along with competitive premiums that aren’t hard on your budget.
There are many advantages to obtaining a no exam life insurance policy. First, it can be very convenient. Because you are not required to submit a blood and urine sample, you can oftentimes apply for coverage directly online – without the need to ever meet with an insurance agent in person, or even on the phone. This can save you time and frustration.
The process of applying – and being approved for no exam life insurance – is also fairly quick. Oftentimes, approval can happen within just a few days or less. This is because your application is not tied up in the underwriting process. Therefore, because the insurer only has to review a few simple questions, it does not take long to approve or deny the application. This, too, can save you countless hours of time wondering whether or not you’re going to get approved or rejected for a policy.
No exam life insurance can also be comforting for some people who may be afraid of needles. There are many people who, for one reason or another, may have a phobia about needles or other types of medical procedures. By not requiring them to submit to a medical exam, these individuals can still obtain life insurance coverage without the need to go through the discomfort and fear of the blood testing portion of the underwriting process.
No exam policies offer face amounts of coverage from $25,000 up to $100,000. These policies can be applied for between the ages of 18 up through age 80. This opens up coverage to a wide range of applicants – even those who may have been turned down by other carriers due to age. These term life plans offer coverage lengths for 10 years, 15 years, 20 years, 25 years, and 30 years.
When applying for a life insurance policy without an exam, your age and coverage amount being applied for will determine the extent of the underwriting. For example, if you are between the age of 18 and 60, and you are applying for a coverage amount of between $25,000 and $99,000 there will be no medical exam necessary for approval. Likewise, for those who are between the age of 18 and 60 and who are purchasing policies that have face amounts of between $25,000 and $50,000 there will also be no medical exam needed.
On applications that do not require a medical exam, Transamerica will review information from the following sources in order to obtain a more clear picture of your health and health history:
Oftentimes, after your application has been submitted, you will be able to obtain an approval within just 24 hours. This means that you can not only have life insurance protection, but you can get it quickly. This can be helpful if you need coverage in order to be approved for a home mortgage, business loan, or other type of financial related transaction.
For applicants who are considered to be high risk cases, Transamerica can be a great choice. They began operating in 1904, and the firm has been providing insurance and financial services to consumers and businesses for more than 100 years. It has since grown into one of the world’s leading financial services companies, offering insurance protection to nearly 20 million customers across the globe.
The company is considered to be extremely strong in the insurance industry – receiving very high ratings from the insurance industry’s respected rating service agencies. This means that Transamerica is known for being financially stable, and that it pays its claims to its policy holders. This is something that policy holders should count on – a company that’s there when they need them. These ratings include:
Transamerica offers a variety of life insurance products to choose from, including term, whole life, universal life, variable universal life, and final expense. For those who have adverse health conditions such as Hepatitis C and diabetes, a no medical exam life insurance policy could be an ideal solution for finding the life insurance protection that you need.
If you are interested in learning more about Transamerica’s no exam life insurance policy – or, if you’re ready to apply – we can help. We can also walk you through the process of obtaining quotes for many of the top rated life insurance companies in the country. At NoMedicalLifeInsurance.net work with many of the best life insurers and we can provide you with all of the information that you need to make an informed decision regarding the life insurance policy, benefits, and premium that will best fit with your specific needs and budget.
In order to get the process started, just use the form on this page. We also understand that you may have questions about qualifying for no medical exam life insurance, as well as about how to obtain premium quotes. If so, please feel free to contact us directly – toll-free- at 888-229-7522. Our experts are here to help. We want to make sure that you are well informed before purchasing your coverage so that you can make the best life insurance coverage decision possible for you and those whom you love. Contact us today – we can help.