No Medical Exam Life Insurance Rates for 57 Year Olds

Written on August 9, 2016 by LJM Life Insurance

 No Medical Exam Life Insurance Rates for 57 Year Olds

No Medical Exam Life Insurance rates for 57 year olds are the most competitive they have been since this product was introduced and you can see them all here on this website.  if you want an instant quote its just to the side of this article, enter your information and see rates and companies now.

Don’t want to mess with quoting? Call us, 1-844-528-8688 , tell us what you need and we will do all the work for you for FREE, we do not work for the insurance company, WE WORK FOR YOU!

The article below discusses some of the details of the No Medical Exam Term Life Insurance product and can help you decide if it fits your specific needs.

We carry all of the major carriers in the nation and all types of Life Insurance Products.  One product that is quickly becoming the preferred choice is the no medical exam Term Life Insurance.

With coverage amounts of up to $500,000.00 and term lengths for most ages going out to 30 years, it isNo Medical Exam Life Insurance Rates for 57Year Olds exactly the same as all other term life insurance products.

If you are healthy it will eliminate the need to take the time consuming and time consuming medical exam.

Prices are affordable and when you calculate how fast the policy is issued this term life product is a must see.  Just look at the prices below to see if a No Medical Term Life Insurance policy is a fit for your budget.

No Medical Exam Term life insurance rates for a 57 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        $24.52           $27.96             $29.81           $37.06           $65.48             $117.39

15 year term       $24.52            $33.12             $40.23          $43.91           $96.96             $179.91

20 year term      $24.52            $43.69            $51.02           $56.97           $142.50            $127.52

30 year term      $24.52            $54.79           $105.25         $206.17        *None              *NONE

*Rates will vary by health class

No Medical Exam Term life insurance rates for a 57 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       $24.52           $22.46            $22.03           $30.70          $47.08          $81.10   

15 year term       $24.52           $25.89            $26.31           $31.21          $60.32         $108.43

20 year term      $24.52           $31.02            $35.06           $38.34          $79.05         $147.53

30 year term      $24.52          $54.79            $105.25         $206.17        *None          *None

*Rates will vary by health class

 Benefits to No Medical Exam Life Insurance

There is the most obvious benefit of not having to take the medical exam or subject yourself to the drawing of bodily fluids.  There are several other benefits as well, such as the time that it takes to issue the policy.

The application is decided on your answers on the application and checked against various reporting agencies.  The MIB (The Medical Information Bureau), the Motor Vehicle Report and the Pharmacy Report, will be used to verify your answers and medical history.

No Medical Exam Life Insurance Pricing

As discussed earlier in this article, the No Medical Exam Life Insurance Rates for 57 Year Olds are very competitive.  Several top rated companies now offer this product and the competition brings the rates down.  For only a couple of dollars difference you can get the same term life insurance you know and trust and eliminate taking an exam.

The younger and healthier you are the lower the rates, get your coverage in place as young as possible, click the link for more information:  http://ljmlifeinsurance.com/no-medical-exam-life-insurance-over-age-50/ and you can see the difference just 5 years makes.

No Medical Exam Life Insurance Rates for 57 Year Olds

Depending on your needs and your budget there are several choices for your life insurance needs.  The most popular choice is Term Life, which comes in many term lengths and coverage amounts.  A no medical exam term policy will go up to amount of $500,000.00 and term lengths of 30 years.

The rates are stable and very competitive, if you are in good health and need coverage in the $100,000.00 to $500,000.00 range, there is no longer a need for you to take the paramed exam.

How to Determine Coverage Needs

Term Life Insurance is designed to cover certain expenses and debts after the death of a spouse or loved one.  The expenses, debt and loss of income left by one’s passing can cripple a family.  There are some basic rules of thumb below, but of course everyone’s situation can be different.No Medical Exam Life Insurance Rates for 57 Year Olds

  • Income: how much income will the family lose with the death of a earner.
  • Debt:  how much debt will be left hovering over the family
  • Funeral:  what are the expenses related to the funeral
  • Expenses:  coverage for a set period of time for all the common household expenses needs to be calculated in.
  • Education:  What are the costs to cover the educational needs of the children

Companies Offering No Medical Exam Life Insurance Rates for 57 Year Olds

Many companies now offer No Medical Exam Life Insurance for 57 year olds, and more are offering new products every year.  It has become a very popular product for the healthy person seeking term life coverage.

We work with all the top life insurance providers in the nation but there are a few who come in with the lowest rates time and time again.

Each company has its own strengths and looks at the underwriting process in a slightly different way.  Which is the best company to use will rely heavily on the state that you reside in and your particular situation.

When looking at carriers for your coverage we do not just look at price, we look at all the aspects of the carrier, such as customer service and financial stability.  Many factors go into they type of policy and who that policy is with when we make a recommendation to you.

A short list of our favorite companies offering no medical exam life insurance rates for 57 year olds would include the following: Sagicor, Phoenix, and SBLI.  You can see more information on the top rated carriers at our “5 Best No Medical Exam Term Life Insurance Companies” post.

While we continue to update this website with new information as it comes out, the best way to get the most up to date quotes and company information is to call us direct at 1-844-528-8688.  We will discuss your needs and situation and together we will come up with a solution that not only protects your family but fits in your budget.

Several factors need to be looked at when making a decision on what type and how much coverage to get, let us help you in your search.  There is never a fee for our services.

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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