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Nobody enjoys undergoing a medical exam to qualify for life insurance. If you're healthy, it can seem like an inconvenience, and if you're not, you may worry about the insurance quotes you will be offered as a result. Fortunately for many of those shopping for life insurance policies, these exams may be a thing of the past. The team at Custis Insurance Service, located in Sheffield Lake, OH, offers clarification on the matter in the sections below. 

What Are No-Exam Life Insurance Policies?

life insuranceUp until a few years ago, no-exam life insurance policies were available. However, they were a less-than-ideal option for many people. These policies had coverage limits and were more expensive, because they did not offer insurers a complete understanding of each applicant's health history.

These days, no-exam policies are increasing in popularity because insurance companies have found ways to calculate a person's risk level without test information. Using an applicant's medical history and driving record, life insurance companies can quickly assess each person's level of risk and determine a premium rate.

Who Qualifies for a No-Exam Life Insurance Policy?

Although most people favor no-exam life insurance policies, they are not available to all applicants. Only those who are considered low-risk can qualify for policy without a medical exam. Low-risk applicants who are of a healthy weight, in good health, have no history of health issues such as heart disease or cancer, and avoid dangerous activities may be able to forgo the medical exam.

The team at Custis Insurance Service has over 60 years of experience delivering affordable auto and life insurance policies to members of their community. Give them a call today at (440) 949-7171 to speak with a member of their team. You can also visit them online to learn more about their personal insurance policies.

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