No Medical Exam Life Insurance Rates for 41 Year Olds

Written on September 4, 2016 by LJM Life Insurance

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No Medical Exam Life Insurance Rates for 41 Year Olds

Get a Free Quote for No Medical Exam Life Insurance Rates for 41 Year Olds, instantly by entering your information to the side of this article.  Term Life Insurance coverage with no medical exam, saves time, money and stress.  Contact us today.

We are contracted with all the top life insurance carriers in the nation to provide the right life insurance policy at the right price for your situation.

You don’t need to do it yourself, you can always call us at 1-844-528-8688 and we will run a free life insurance quote for you and discuss which company fits your needs.  Our services are at no cost to you, and we will explain each companies specific benefits and help you calculate exactly how much Life Insurance you need to protect your family

For a brief description of No Medical Exam Life Insurance Rates for 41 Year Olds and what type of plan this is, read our article for some very valuable information.

Pricing No Medical Exam Life Insurance

The pricing for a no medical exam policy is only slightly higher than that of a traditional term life plan.  The few dollars a month difference is well worth it to many people to not have to put up with taking the examination.

Some of the factors that will affect your premium, are smoking, overall health, driving record and the prescriptions that you are on.  Of course the most obvious on is your age, it is pretty simple, the older you get the higher the risk of you dying and the higher you costs will be.  It is to your benefit to get your coverage as early as possible.

The premium rates for No Medical Exam Life Insurance Rates for 41 Year Olds have been dropping, and there are more companies offering products than ever before, giving you, the consumer a wide variety of choices to meet your needs.

Below are some actual prices for a 41 year old male and female both with preferred status and no tobacco from a single zip code, these are the monthly rates.

 Male:  No Medical Exam Term life insurance rates for a 41 year olds

AMOUNT           $10,000       $25,000          $50,000       $100,000       $250,000        $500,000

10 year term        $10.88           $12.19              $13.20           $14.22            $20.13             $31.36

15 year term       $10.88            $12.97             $13.96           $14.59            $20.95             $35.08

20 year term      $10.88            $14.11              $15.55           $16.14             $26.29             $45.69

30 year term      $10.88            $18.71             $22.61          $24.36            $43.72             $75.79

*Rates will vary by health class

 Female:  No Medical Exam Term life insurance rates for a 41 year olds

AMOUNT           $10,000       $25,000          $50,000       $100,000       $250,000        $500,000

10 year term       $10.88           $11.09             $11.17             $11.39             $17.62              $24.19    

15 year term       $10.88           $12.06            $12.04             $12.39            $18.81             $29.78

20 year term      $10.88           $13.03            $13.01             $13.86            $22.55             $37.55

30 year term      $10.88           $17.26            $18.60            $20.53            $35.13              $59.50

*Rates will vary by health class

No Medical Exam Life Insurance Rates for 41 Year Olds | Underwriting

The term life insurance policy with no medical exam is identical to any term life insurance policy in every way but the way that it is underwritten.  Underwriting is the process in which you go through to qualify for the policy and what rate you will pay.

With a standard term life insurance policy you will:

  • Fill out the applicationNo Medical Exam Life Insurance Rates for 41 Year Olds
  • Make an appointment for the paramed exam
  • Take the paramed exam
  • Wait for the results to get to the underwriting department
  • Underwriting department then makes a decision
  • You are notified of the decision

The above process takes time, and if you miss the appointment for the examination it just takes that much longer.  You may need to have your doctor send in forms and this again adds to the length of time it takes to get an answer.

If you you have some health issues the fully underwritten maybe the only route we can go, but if you HEALTHY or have minor health issues we can cut that wait time and hassle down to almost nothing.

With a No Medical Exam Term Life Insurance Policy you will:

With today’s access to information this type of underwriting is very quick, and eliminating the exam means nobody is poking you with needles.

If your health is good and the reports do not find any major issues your policy is issued in days.  No more waiting weeks or months for a decision, you will get your answer fast sometimes in as little as 48 hours.

Term Life Insurance | How Much do I Need

Term Life Insurance is needed to cover many expenses that are normal to running a family or household.

Such as debt and loss of income from a working spouse, but many do not properly calculate the actual amount correctly and end up underinsured.

A non working spouse can’t be overlooked, while not generating income for the household they perform duties that will still need to be done.

This means that the surviving spouse is going to have to either pay someone to do them (added expense) or change/adjust their work hours to accommodate them. (loss of income)

Many people overlook these facts when determining how much coverage to carry and who they should have coverage on.

In your forties you are probably paying on your homes and vehicles and have children still in school.

Educational needs of the children can not be overlooked, they will have needs both current and in the future, for things as minor as school supplies to tuition.

No Medical Expense Life Insurance Companies

When you are looking for term life insurance coverage to protect your family, you cannot overlook the companies status or financial strength.

The list of insurance companies offering this product is growing every year, but that does not mean we will just automatically offer that company.

We take a hard look at what the companies requirements are, their AM Best Rating for stability and of course their rates.

We want to make sure that you have the right coverage with the strongest possible carrier for you family.

When you call 1-844-528-8688 and talk to our licenced life insurance agent, we will not only run a free life insurance quote, but we will also give you the statistics and background on the company we discussed.

Term Life Insurance with no Medical Exam

With all the options for life insurance, why would you want a no medical exam term life policy?

For starters the name says it all, NO MEDICAL EXAM, why would anyone want to have someone come into their home, to draw bodily fluids (even sounds gross), take vitals and ask a bunch of questions?

The exam is time consuming and not much fun.  If you are in good health for almost the same price as going through all the stuff mentioned above, you can get life insurance without taking the exam.

Many people just do not want the hassle of a paramed exam, or simply do not have the time.

With work and children in school, trying to fit an exam into the schedule can be almost impossible.  If this sound like you, you should look at No Medical Exam Life Insurance Rates for 41 Year Olds.

About LJM Life Insurance
About LJM Life Insurance

We work with individuals across the nation to secure the best life insurance rates.

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