No Medical Exam Life Insurance Rates for 44 Year Olds

Written on December 5, 2016 by LJM Life Insurance

 No Medical Exam Life Insurance Rates for 44 Year Olds

You can get a FREE rate quote for No Medical Exam Life Insurance Rates for 44 Year Olds by just entering your information in the tool to the left of this article.  Of course you do not have to do all the work yourself, we would be happy to do it for you , to get your  free unbiased quote call us today 1-844-528-8688

There is never a fee for our services and as an independent agency, we work for you not the insurance company.

A No Medical Exam Term Life Insurance Policy, is standard Term Life Insurance but with out the hassles of taking the examination for underwriting.  It is designed for the healthy perNo Medical Exam Life Insurance Rates for 44 Year Oldsson and that is how the exam is eliminated.

Underwriting For No Medical Exam Term Life Insurance

The underwriting or approval process for this product is simplified and is accomplished by answering basic underwriting questions, the questions can vary between companies but usually consist of:  tobacco or no tobacco, recent driving record, a pharmacy report and your height and weight or body mass.  In some circumstances an APS or attending physician statement could be ordered.   All Medical answers will be checked and verified with the Medical Information Bureau.

Policy Determination

Your policy could be issued in as little as 24 hours but the normal turn around is closer to 5 to 7 days.  This is very fast considering any of the other Term Life Insurance products could take 2 to 3 months.

No Medical Exam Needed

The huge benefit to not taking the exam is time, while the prices are about the same, trying to find the time to sit down and take a para-med exam is tough.  In today’s rush around society and family schedules it can be very difficult to find the time necessary to have the exam.

Not to mention the unpleasant parts of the exam such as drawing of bodily fluids and having a stranger come into your home.  If you are in good health this is the easiest most pain free way to get the coverage you and your family need.

No Medical Exam Life Insurance Pricing

We have put together some No Medical Exam Life Insurance Rates for 44 Year Olds sample pricing in the table below, these examples are for a single zip code and with a non-smoker with preferred rates.  Your rates could be lower or higher depending on your location and situation.

Sample Rates No Medical Exam Life Insurance for Age 44

No Medical Exam Term life insurance rates for a 44 year old male “Preferred” health class (with minimal or no health issues), monthly rates:

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

10 year term        $12.45           $14.00              $13.53           $14.95            $23.01             $38.44

15 year term       $12.45            $15.06              $16.44           $17.05            $28.49             $49.72

20 year term      $12.45            $16.57             $18.76           $21.62             $38.12              $68.81

30 year term      $12.45            $23.15             $40.09         $33.30            $60.42             $110.58

*Rates will vary by health class

No Medical Exam Term life insurance rates for a 44 year old female “Preferred” health class (with minimal or no health issues), monthly rates:

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

10 year term       $12.45           $12.62             $12.58             $14.31             $20.59              $33.96    

15 year term       $12.45           $13.87             $13.60             $15.23             $24.15              $40.43

20 year term      $12.45          $15.12              $14.91              $16.96            $29.17              $51.55

30 year term      $12.45          $20.95            $22.27              $23.99            $46.62             $81.29

*Rates will vary by health class

Life Insurance Options for 44 Year Olds

Depending on your situation, there are several choices for life insurance for someone who is 44.  You have term life insurance which comes in various lengths and amounts.  Term Insurance comes in a couple of flavors, you have standard term life insurance where you go through a full underwriting process and you have simplified issue or No Medical Exam Term Life Insurance.  No Medical Exam is the same product but if your health is good allows you to skip the exam.

The term length is sometimes matched up with the length of a debt, maybe a mortgage or to cover the kids through college.  Term Life Insurance as the name states is coverage for a term, the most common are 10, 15, 20, and 30 years.

Term Life Insurance amounts also very from very small policies of $10,000 to over $1,000,000.00, if you are looking at amounts in the $100,000.00 to $500,000.00 neighborhood then the no exam life insurance policy could be a great fit.  You can always call us at 1-844-528-8688 and we will help you calculate the correct amount of coverage you need to safeguard your family.

There is also Whole Life which comes in several varieties, depending on your needs.  If you are looking for a permanent insurance that sometimes serves as an investment vehicle this could be your answer.No Medical Exam Life Insurance Rates for 44 Year Olds

Life Insurance amounts are not the same for everyone, you will need to calculate just how much coverage you need to keep your family protected and how long you need the coverage to last.  Some calculate the full amount of debt and use that amount for the length of the debt.  While this might seem like an acceptable way to calculate it really leaves a bunch of gaps.

Life Insurance Coverage Amounts

You should consider not only the debts that need to be paid but the daily living expenses, children’s educational needs and other child care expenses.  One good rule of thumb is to start with 10 x income, this is only a starting point but it does take into effect some of the things like raises or bonuses that might be lost.

Another fact that often gets over looked is coverage on a non working spouse, while this is not as common as it used to be some families still have a stay at home parent when the children are young.  Even if no cash income is being generated by the stay at home spouse the amount of time and money that will be needed to fill their shoes after death can have severe consequences for the family.

The surviving spouse or parent will have to either cut work hours or pay to have the household duties taken care of.  This fact alone can hamper ones career and earning potential for years until the children are gone and out of the house.

When you are considering the No Medical Exam Life Insurance Rates for 44 Year Olds factor in that you avoid all the hassles and time spent taking an exam.  You get an answer very fast when compared to a fully underwritten plan which gets your family covered now.

When Should I Buy Life Insurance

The rates are obviously lower when you are younger and you can afford more coverage for a longer time frame.  You can always adjust coverage as your needs change and your family grows.  To see the difference only five years in age makes please take a look at our article No Exam Life Insurance Over Age 40.

What ever your Life Insurance needs are, or what your health condition we have a product that will fit.  We carry all the top insurers in the nation and take great pride in finding coverage for the difficult cases.

 Call us today for your free personalized quote 1-844-528-8688.

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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