Deciding If No-Exam Life Insurance Is Right for You
Life InsuranceNov 18, 2024 | Christopher Bennett, Honolulu, Hawaii
How do I know if a no-exam life insurance is right for me?
Based on my current health status and financial situation, how can I determine if a no-exam life insurance policy is the right choice for me? Could you also provide some insight into the benefits and drawbacks of choosing this type of policy?
Answer
Head of Insurance, MoneyGeekUpdated December 17, 2024
If there are some reasons you feel that traditional medical underwriting would be problematic for you, a no-exam life policy would be a way for you to obtain coverage, usually at a higher premium and with a small death benefit.
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