No Medical Exam Life Insurance Rates for 48 Year Olds

Written on January 12, 2017 by LJM Life Insurance

No Medical Exam Life Insurance Rates for 48 Year Olds

If you do not know what a No Medical Exam Term Life Insurance Policy is, please read the article below or give us a call and we will be happy to go over with you.  You can get a free quote here on this page for No Medical Exam Life Insurance Rates for 48 Year Olds or by calling 1-844-528-8688 and talking to a licensed Life Insurance Agent.

All of our services come at no charge to you at anytime and as an independent agency we work directly for you not some insurance company.  This ensures you the best possible pricing for the life insurance coverage you need to protect your family.No Medical Exam Life Insurance Rates for 48 Year Olds

Going without the exam does not in anyway change the type of term life insurance coverage, it has the same payouts, term lengths and now has coverage amounts up to $500,000.00.

You would think that a term life insurance policy where you have no medical exam would be much more expensive but that is simply not true.

The rates are very competitive and so close that if you are in decent shape with no major health issues, you never need to take a medical examination to get term life insurance again.

Insurance Underwriting with No Exam

As you can see on the picture to the right, the process is very simple, which in turn makes it very quick to get your results.

The Medical Information Bureau, report is used to verify your answers on the application and depending on the situation other reports can be checked.

The questions on the application are very basic, you do need to be in good health without any major hospital stays, illnesses or moving violations in the last few years.

If the statement above describes you, then you will be able to get term life insurance with no medical examination and your decision and policy determination will be done in a fraction of the time.

If you do not fit the criteria for this type of plan, don’t worry, we will still get you covered you just will not be able to skip the exam.  We have many carriers for the conventional underwritten term life also.

Call 1-844-528-8688 and we will let you know if No Medical Exam Life Insurance for 48 Year Olds will work for you and your family.

How Fast Can I get Life Insurance?

When going with a no medical expense term life policy you will have your policy determination and issued normally in a weeks time.  Some cases take less time and are even issued in the same day, everyone’s circumstances are different.

If you were taking the para-med examination it adds weeks even months to the application process.  Just trying to get the time freed up in your schedule to fit it in can be tough.

Today society is moving at breakneck speed and with children around there isn’t much free time left to get some of the unpleasant but necessary things done.  Now this product eliminates that time constraint and narrows it down to just twenty minutes to a half hour phone call.

This eliminates the “I don’t have time” excuse for getting your families life insurance needs taken care of.

No Medical Exam Application

On the application you will be asked questions regarding the following:

  • Nicotine usageNo Medical Exam Life Insurance Rates for 48 Year Olds
  • Marital Status
  • Purpose of the Insurance
  • Have you ever been denied life insurance
  • Several Medical Question on various ailments or diagnosis
  • Some immediate family health questions (Father, Mother, Brother, Sister)  This is just a very brief section at the family health history.
  • Drug and alcohol treatment and usage

We go over the basic application with you and then your call is either transferred or you are called by an underwriting specialist to finish up.  These questions are used to determine your rating which then sets the No Medical Exam Life Insurance Rates for 48 Year Olds.

Pricing of No Medical Exam Term Life Insurance

To show you just how low the pricing for no medical exam term life insurance is for 48 year olds, I have some samples below.  These are actual rates for a forty eight year old male and female no nicotine with preferred status.

No Medical Exam Life Insurance Rates for 48 Year Olds | Samples

These are monthly premium sample rates Male.

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

10 year term        $14.86           $16.63              $16.42          $20.16            $30.86            $53.32

15 year term        $14.86           $18.12              $20.80          $21.80           $39.68            $69.88

20 year term      $14.86            $20.67             $25.43           $27.65          $55.98             $102.30

30 year term      $14.86           $30.68              $38.49          $44.00         $85.12             $156.82

Monthly sample premium rates Female 48 year old

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

10 year term       $14.86           $14.71             $14.71              $16.14             $26.29              $44.80    

15 year term       $14.86           $16.12             $15.92             $18.79             $30.77             $54.97

20 year term      $14.86          $18.02             $18.26             $21.16             $38.64             $69.99

30 year term      $14.86          $27.46             $29.99            $30.85            $62.69             $114.70

If you have been looking at term life insurance rates you can see that these prices are right inline with other products on the market.  When you figure in the time and hassle of taking an exam and then waiting for results, I believe you will agree that this is the best and most affordable way to get term life insurance coverage.

Pricing changes as you grow older and the chance of health issues creeping up drastically increases with age.  These facts make getting your term life insurance inforce now, a very sound financial decision.

No Medical Exam Life Insurance Rates for 48 Year OldsHow Much Coverage | Term Life Coverage Calculation

All of your friends and relatives will have different ideas on how much coverage YOU should carry.

The truth is no two people are the same and everyone’s budget and family needs vary.

You want to do a close review of your debt and income situation both current and future and take into account any short and long term needs for the children.

Just getting an amount of coverage equal to paying off a mortgage will leave huge financial gaps for your family to overcome.

Educational needs along with any child care expenses after a death should also be added in to ease the family’s burden.

Also remember that with a death there can be many outstanding bills that arrive due to illness or injury prior to the death.

If you are the main provider and pass, how will the family cover needs such as health insurance and day to day expenses of running a household?

The funeral costs alone can run over $15.000.00 and that amount does not take into effect the amount of cash needed leading up to and directly after the funeral.

The loss of a loved one, spouse and parent is tragic enough, please do not add to the heartbreak by leaving your family underinsured.

You can see by the sample rates above that it is only a few dollars more per month to substantially increase the amount of coverage or to increase the term lengths.

With your call to us at 1-844-528-8688 we will help guide you through the process and ask the questions that get you towards the right amount of coverage for the right length of time.

Term Life Insurance with No Medical Exam

This product is Term Life Insurance the only difference is the underwriting procedure and the time it takes to get the policy issued.  It is offered in term lengths of 10, 15, 20, and 30 years and depending on the life insurance company, coverage amounts of $10,000.00 all the way to $500,000.00.

It is convertible to whole life at the end of the term and most companies have additional riders that can be added for even more coverage, such as return of premium rider, or accelerated death benefit.

How to Purchase No Medical Exam Term Life Insurance

The process starts with looking at pricing and your health conditions to determine what plan and what company will fits your needs and budget.  With a call to us you will get a free, unbiased review of your needs and the pricing that you can afford.No Medical Exam Life Insurance Rates for 48 Year Olds

As I mentioned earlier the prices aren’t going to get lower as you age, and when you are young and in good health is the time to get the term life insurance coverage that you need and your family deserves.

You can see more pricing examples on how age affects rates at our article here.  No Exam Life Insurance Over Age 40.

 

You can get your application in today by calling 1-844-528-8688 and speaking to a licensed life insurance professional.  Remember our services are always Free to you, please feel free to use our website and check rates or just give us a call anytime.

About LJM Life Insurance
About LJM Life Insurance

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

This entry was posted in No Exam Life Insurance. Bookmark the permalink.

Leave A Reply