11 Best No Medical Exam Life Insurance Companies for 2020

With so many insurance policies out there, it can be pretty hard to figure out which one is the right life insurance policy for you and your family.

To make matters worse, many insurance companies require a medical exam before they green-light or underwrite your insurance. There’s a way of getting around that medical exam—for a price.

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Why Do Insurance Companies Require Medical Exams?

When you first apply for life insurance, the insurance company will usually ask you to meet an insurance agent and complete a medical exam as part of its standard underwriting process. Afterward, the insurer will determine your premium rates (how much you pay each year for insurance) and eligibility for coverage.

This process checks for certain underlying health issues such as cardiovascular disease, diabetes, HIV, and potential substance abuse. Depending on how much insurance you want to purchase, the company can request any of the following:

  • Urine/blood sample
  • Weight
  • Height
  • Pulse
  • Blood pressure
  • Medical records
  • Family history

If you’re above a certain age, the company may ask you to complete a treadmill stress test, electrocardiogram (EKG), or other measures. The insurance company sends your results to the lab for testing before approving or rejecting your request for insurance.

What Is a No-Medical-Exam Life Insurance Policy?

Underlying health conditions discovered during a medical exam could affect your premium rate or potential insurability. If you have a concern about this, what should you do?

One choice is to look for a company that offers no-medical-exam life insurance.

No-medical-exam life insurance eliminates the full medical underwriting process to approve your life insurance policy. You will not need to sit in for a physical exam.

However, the insurer could still ask you to complete a basic health questionnaire about your medical history, which you must answer truthfully. You should not lie about any health conditions or omit any relevant information; if you do, the insurer may charge you a higher premium or revoke your policy.

Many no-medical-exam life insurance policies advertise themselves as an immediate process, saying that you’ll get your application approved within a matter of minutes.

According to a Society of Actuaries’ study, insurance companies sell more policies through no-medical-exam life insurance. Plus, they save money upfront by not having to go through an extensive medical underwriting process. Theoretically, no-medical-exam life insurance policies should be a win-win for the insurer and the consumer.

But does it really make sense to skip the medical exam during a life insurance application?

What Are the Pros and Cons of No-Medical-Exam Life Insurance?


  • You save time with a simpler application process (often over the phone or online) and may not need to meet in-person with an insurance agent.
  • You avoid the discomfort that comes with potentially invasive medical procedures.
  • You’re likely to get instant approval, particularly if you are young.


  • The insurance company may raise your premium rates down the road since they are starting off with limited knowledge of your medical condition.
  • No-medical-exam life insurance usually limits coverage to smaller amounts (often $25,000 or less), which won’t work if you’re seeking a higher amount of insurance coverage.
  • You will not be eligible for the full death benefit (also known as a graded death benefit) for a few years after the policy takes effect.

Term Versus Whole Life Insurance

To better understand different kinds of no-medical-exam life insurance, let’s dig into the two primary types of life insurance: term and whole life insurance.

Term Life Insurance

Term life insurance is pretty straightforward: the insurance company provides you coverage for the policy’s fixed duration (term), whether that’s one or 20 years. Term life insurance usually comes in increments of 10, 15, 20, 25, or 30 years.

Most term life insurance policies maintain consistent premium rates throughout the term, so your premium won’t go up or down, especially before the age of 50. Therefore, term is often a cheaper option than whole life insurance.

Whole Life Insurance

Whole life insurance lasts for your entire life—from your date of purchase of the policy until your death.

Whole life is a good option if you want to purchase life insurance at a young age. You’ll avoid the hassle of needing to find life insurance later on in life, particularly when you might face a higher premium due to age and the greater likelihood of illness or injury.

What Are the Different Kinds of No-Medical-Exam Life Insurance?

In this section, we will look at the different types of no-medical-exam life insurance available, including coverage amounts, rates, and other relevant information.

What Is Simplified-Issue Life Insurance?

Simplified-issue life insurance may be either a term or whole life insurance plan, but with one significant difference: it doesn’t require a medical exam. Instead, you will likely fill out a simple health questionnaire.

Insurance companies usually limit coverage under such a plan to $500,000 or less, so if you’re seeking a high-coverage $1 million plan, you’ll need to consider a different option.

Whether you get a simplified issue term life insurance plan or a simplified-issue whole life plan depends on your age, financial circumstances, health, and other factors.

You should consider simplified-issue coverage if you’re young, healthy, and short on time.

What Is Guaranteed-Issue Life Insurance?

However, if you estimate that your death-related expenses (i.e., funeral expenses, your minor children’s needs, etc.) will exceed $50,000, you may consider guaranteed-issue universal life (UL) insurance instead.

This type of small, low-coverage policy gives you access to a limited cash value that you can use while you’re still living to address educational needs, estate planning, and other matters. It’s an excellent option for those who are older and suffering from health issues.

However, you will not be eligible for the full death benefit until a few years after buying the policy, so if you pass away shortly after receiving the policy, your loved ones may only get a refund of what you have paid into it.

You should consider guaranteed issue coverage if a medical exam might prevent you from obtaining insurance or make coverage too costly.

What Is Instant-Approval Life Insurance?

The title pretty much says it all: instant-approval life insurance is a term life insurance policy that offers an expedited underwriting process so that the insurance company can immediately approve your application.

The insurer gathers your driving record and other information about you online, which their algorithm will use to generate a risk assessment. Then, the company determines a premium rate based upon that risk assessment.

In some cases, you may still need to undergo a medical exam after getting approved, especially if you’re older or battling certain health conditions. However, for most young, healthy people, a medical exam is unnecessary.

This option is great if you’re seeking a convenient way to get life insurance when you have a spare moment from your busy schedule. You can also often access higher coverage amounts than the usual no-medical-exam life insurance. But there are some downsides and limitations.

For example, State Farm’s Instant Answer Term Insurance seems like a slam-dunk no-medical-exam policy. Still, it only applies to people between the ages of 16-45, and coverage only lasts until age 50 (or ten years after the policy’s issue date, whichever comes sooner).

Remember, no insurance company can guarantee approval for any of its policies. If they do, you should be skeptical of those promises.

Best No-Medical-Exam Life Insurance Policies Overview

While no-medical-exam life insurance policies typically carry higher premiums, affordable plans have cropped up on the marketplace. Read on to find our buyer’s guide for the best no-medical-exam life insurance policies.

Provider Type of insurance Eligibility age Coverage amount Monthly premium costs
Fabric Term life insurance 25-50 $100,000 to $5,000,000 $12
Bestow Term life insurance 30 $500,000 $20
Haven Life Term life insurance 59 or younger $100,000-$1 million Depends upon term and coverage amount
Ladder Term life insurance 20-60 $100,000-$8 million Depends upon term and coverage amount
Ethos Term life 20-65 $100,000-$1.5 million N/A
Assurity Life Insurance Simplified term life 18-65 $350,000 or less N/A
John Hancock Term life insurance 30 $500,000 $27
Gerber Guaranteed issue 50 $25,000 $85
Principal Term life 30 $500,000 $18
TransAmerica Term life 30 $50,000 $12
AARP Term and whole life 45-59 $50,000 for 45-year-olds (whole life), $100,000 for 50 and above $13

In-depth Analysis of No-Medical-Exam Life Insurance companies

Best No-Medical-Exam Life Insurance for Families: Fabric

Fabric touts its reputation as an insurance company for families, which is why this company offers a wide age range for individuals between 25-50 and coverage amounts that go from $100,000 to $5,000,000.

Fabric’s insurance policy will safeguard your family’s needs at an affordable rate. Plus, you don’t need a medical exam. A trusted insurance company, Vantis Life (affiliated with Penn Mutual), backs Fabric’s life insurance policies.

Quick Facts about Fabric

  • Coverage amount: $100,000 to $5,000,000
  • Eligibility age: 25-50
  • Type of insurance: Term life insurance
  • Monthly premium costs: $12

Visit Fabric or read our full Fabric Review

Best No-Medical-Exam Life Insurance for Innovative Convenience: Bestow

Bestow provides a nifty online application known for its innovation and convenience. With flexible cancellation policies, speedy approval, and high coverage amounts of up to $1 million Bestow is great if you need to secure life insurance in a pinch.

Quick Facts about Bestow

  • Coverage amount: $500,000
  • Eligibility age: 30
  • Type of insurance: Term life insurance
  • Monthly premium costs: $20

Visit Bestow or read our full Bestow Review

Best No-Medical-Exam Life Insurance for Maximum Coverage: Haven Life

Within a half-hour, Haven Life can deliver up to $1 million in coverage, and all without taking a medical exam. The large insurance company, MassMutual, issues Haven Life’s policies.

Quick Facts about Haven Life

  • Coverage amount: $100,000-$1 million
  • Eligibility age: 59 or younger
  • Type of insurance: Term life insurance
  • Monthly premium costs: Depends upon term and coverage amount

Visit Haven Life or read our full Haven Life Review

Best No-Medical-Exam Life Insurance for Young/Healthy Applicants: Ladder

Ladder is a fintech company that carved out a name for itself in recent years. If you’re a young, healthy person under the age of 60, you should easily be able to forego a medical exam and obtain term life coverage using Ladder’s efficient website.

Ladder also boasts a massive coverage range between $100,000 to $8 million, so you’ll be covered no matter what level of coverage you need.

Quick Facts about Ladder:

  • Coverage amount: $100,000-$8 million
  • Eligibility age: 20-60
  • Type of insurance: Term life insurance
  • Monthly premium costs: Depends upon term and coverage amount

Visit Ladder or read our full Ladder Review

Best Instant-Approval No-Medical-Exam Life Insurance: Ethos (Banner Life)

Ethos boasts a speedy online approval process that can take ten minutes or less, with no in-person visits. This company provides customer service representatives who can chat online or by phone. Banner Life Insurance issues Ethos’ policies.

Ethos’ crowning glory is its accelerated death benefits program, which stands out among its competitors. Accelerated death benefits mean that you can receive the insurance benefits while alive if you receive a terminal illness diagnosis.

However, if you live in New York, you’re out of luck: Ethos does not operate in your state. And Ethos may still try to get you to take a medical exam, depending on the circumstances.

Quick Facts about Ethos

  • Coverage amount: $100,000-$1.5 million
  • Eligibility age: 20-65
  • Type of insurance: Term life
  • Monthly premium costs: N/A

Best No-Medical-Exam Life Insurance for Mid-Range Coverage: Assurity Life Insurance

Unlike many other companies, Assurity offers a simplified term issue program that does not require a medical exam, and you will likely receive an approval within 72 hours.

Assurity caps its coverage at $350,000, so if you’re a young, healthy individual looking for higher coverage, you may want to look elsewhere. But Assurity provides a great option for older individuals who want to go beyond final expense coverage.

Quick Facts about Assurity:

  • Coverage amount: $350,000 or less
  • Eligibility age: 18-65
  • Type of insurance: Simplified term life
  • Monthly premium costs: N/A

Best No-Medical-Exam Life Insurance with Wellness Benefits: John Hancock

With other insurance companies, you’ll struggle to get more than $350,000 worth of coverage with a no-medical-exam option—but not so with John Hancock. John Hancock offers up to $1 million for its no-medical-exam life insurance, and you can receive your approval within 72 hours.

Plus, John Hancock offers a tempting benefits program, Vitality, to help you stay active while also earning you savings for healthy behavior.

Quick Facts about John Hancock:

  • Coverage amount: $500,000
  • Eligibility age: 30
  • Type of insurance: Term life insurance
  • Monthly premium costs: $27

Best No-Medical-Exam Life Insurance for People with Pre-Existing Conditions: Gerber

Gerber provides multiple options (term life and whole life), giving you the flexibility that you need when considering life insurance. Some of those options require filling out a health questionnaire, although no medical exam is necessary.

A rare find, Gerber allows you to bypass any health questions for their guaranteed-issue, final expense coverage of up to $25,000 for burials and other matters.

While premiums at Gerber may be high, this is an excellent option for people with pre-existing conditions who might be shut out of purchasing life insurance from other companies.

Quick Facts About Gerber:

  • Coverage amount: $25,000
  • Eligibility age: 50
  • Type of insurance: Guaranteed issue
  • Monthly premium costs: $85

Best No-Medical-Exam Life Insurance with Expedited Underwriting: Principal

Principal offers an accelerated underwriting process, which allows people who meet certain qualifying criteria to forego a medical exam and receive an approval within a day. The company boasts a century-plus track record of providing quality insurance to Americans.

Quick Facts About Principal:

  • Coverage amount: $500,000
  • Eligibility age: 30
  • Type of insurance: Term life
  • Monthly premium costs: $18

Best No-Medical-Exam Life Insurance for Final Expense Coverage: TransAmerica

Healthy individuals should seriously consider TransAmerica for limited final expense coverage needs. It’s not a great option for people seeking high amounts of coverage, but the premium is fairly low, and it will give you the peace of mind you need for burial expenses.

Quick Facts About TransAmerica:

  • Coverage amount: $50,000
  • Eligibility age: 30
  • Type of insurance: Term life
  • Monthly premium costs: $12

Best No-Medical-Exam Life Insurance for Older Americans: AARP

If you’re part of the millennial crowd, then you’re probably scratching your head at this option.

But if you’re a senior, you should know that the American Association for Retired Persons (AARP) stands out as providing the best no-medical-exam life insurance program for adults above the age of 45, particularly if you’re seeking a lower coverage threshold. This organization offers both term and whole life programs.

Quick Facts about AARP:

  • Coverage amount: $50,000 for 45-year-olds (whole life), $100,000 for 50 and above
  • Eligibility age: 45-59
  • Type of insurance: term and whole life
  • Monthly premium costs: $13

Why Should I Get No-Medical-Exam Life Insurance?

You should consider purchasing no-medical-exam life insurance if any of the following situations apply to you.

You’re Young & Healthy

As a young, healthy person, you might think that you would have no issues with a medical exam, so why not go for it? That’s true, but it may also not be worth the hassle.

As a young person, you’ll be eligible for nearly every no-medical-exam life insurance exam, and with your healthy background, you’ll easily pass the basic medical questionnaire.

You’re Single

If you are unmarried and have no dependents, you may want to opt-out of a medical exam, as your needs for insurance coverage remain low, so pursuing a high-coverage plan may not be necessary at this point, especially if you don’t engage in risky behavior.

You Need Life Insurance Quickly

With instant-approval options and short turnaround times for approval of simplified issue coverage, no-medical-exam life insurance works great when you want your insurance needs taken care of quickly and with no fuss.

It’s a great option if your busy schedule rarely allows for excess time to take care of tedious, but necessary, affairs such as life insurance.

Should I Just Take the Medical Exam?

Are there times when it makes sense to go for the full medical underwriting process?

Sure. If any of the following criteria apply to you, then you should probably allow for full medical underwriting in your insurance application. In other words: get the medical exam.

You Can Wait for Approval

One of the main benefits of no-medical-exam life insurance is the short approval process. With a normal life insurance underwriting process, it can take 30-60 days to get the results of your testing, and even longer for the insurance company to review and approve your application.

But if you’re in no rush, then why not wait? You’ll have a greater choice of insurance options if you do.

You Don’t Want to Face Higher Premium Rates

It may not be worth saving that trip to the doctor’s office if you’re just going to make up for it with exorbitant premium rates. Speak with an insurance agent and get a premium estimate for your plan before you decide whether or not to proceed with a medical exam.

You’re Older

Likewise, if you’re an older person (above the age of 60) or someone seeking a higher amount of insurance coverage, you’ll likely need to get a medical exam in order to obtain life insurance due to your higher risk status.

Life insurance policies for senior individuals often entail more rigorous medical testing, but the payoff will be worth it if it allows you to obtain the necessary coverage at an appropriate premium rate. However, you may be denied coverage based upon your health history.

You Want a Higher Coverage Level

If you’re going to the effort of getting life insurance, it probably means that you’re concerned about the future of your loved ones. You want them to be taken care of after you’ve passed away.

A higher coverage level also makes more sense if you have a family to support. Many instant-approval, no-medical-exam life insurance policies cap coverage levels at $50,000; some cap even lower at $25,000.

If your death would mean a significant loss of income—particularly if you are the breadwinner or care for minor children or adult dependents—then you should consider a higher level of coverage, such as $100,000 or more. That level of coverage will likely require a medical exam.

Do All Companies Carry No-Medical-Exam Life Insurance?

No. If you’re finding it difficult to connect with an insurance company that provides no-medical-exam life insurance, consider hiring an independent insurance agent.

Independent insurance agents work with numerous insurance agencies, affording their clients multiple options when it comes to choosing life insurance. They work in contrast to “captive” life insurance agents, who only represent one insurance company and offer a more-limited product.

Deciding on No-Medical-Exam Life Insurance

Picking a life insurance plan isn’t as easy as it sounds. How much insurance should you get? Do you want whole life insurance or term life insurance?

And then you have to decide whether getting a medical exam will be inconvenient for you in the short-term. And if you end up skipping an exam, you might end up paying more in the long run.

But the companies that we’ve mentioned in this article are a great place to begin your search for the best no-medical-exam life insurance. Or consider hiring an independent insurance agent.

If you want to widen your pool of options, compare life insurance rates on Policygenius today. You’ll be at ease knowing that you’ve taken the first step to safeguard your family’s future.

Summary of the top No-Medical-Exam Life Insurance Companies

Provider Best For
Fabric Families
Bestow Innovative Convenience
Haven Life Maximum Coverage
Ladder Life Young/Healthy Applicants
Ethos Instant-Approval
Assurity Life Insurance Mid-Range Coverage
John Hancock Wellness Benefits
Gerber People with Pre-Existing Conditions
Principal Expedited Underwriting
TransAmerica Final Expense Coverage
AARP Older Americans

Bottom Line

There are so many different types of life insurance, so don’t worry if you find it a bit confusing. If you want life insurance but think you want to forgo a medical exam – because of time constraints, pre-existing conditions, or another reason – then the list in this article is the best place to start.

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