No Medical Exam Life Insurance Rates for 45 Year Olds

Written on December 11, 2016 by LJM Life Insurance

No Medical Exam Life Insurance Rates for 45 Year Olds

Most people do not know that you can get life insurance without taking an examination, but if you are in good health you can and you can get a FREE rate quote for No Medical Exam Life Insurance Rates for 45 Year Olds here on this page.

Use our quote tool to the left of this article or call us today at 1-844-528-8688 and we will do all the work for you at NO Charge, it doesn’t get any easier than that.

Our free service is available for all types of Life Insurance and all ages.  We are an independent agency that carries all the top carriers in the nation.

This article covers the product No Medical Exam Term Life, and just as the name states it is normal term life policy that is designed for healthier individuals and eliminates the need for taking an exam or para-med.

Underwriting For No Medical Exam Term Life Insurance

This type of policy can eliminate the exam because it uses a simplified underwriting method,  and it is primarily aimed at healthier people.  If you have some serious health issues this might not be the right fit for you and we will need to look at fully underwritten plans.

Your application answers will be checked by the  Medical Information Bureau, a pharmacy report, driving record and possibly a physician’s statement.  By using this simplified underwriting process your application is approved in a very short time, getting your family covered.

Policy Determination

The decision on acceptance or denial of your policy is normally completed in just a few days, sometimes hours but if you look at the turnaround compared to a standard underwritten term life plan that is remarkably fast.

Medical Exam Needed EliminatedNo Medical Exam Life Insurance Rates for 45 Year Olds

Not only is it a pain to try and schedule an exam in your busy lifestyle but it is literally a pain to be stuck with needles and have blood drawn.

Now I might be being a little dramatic but why go through that process when you do not have to.

Simply put, if you are in good health, with nothing major on your driving record for the past few years and are not taking a ton of medications, you need to look at this type of policy.  We would be happy to discuss it with you if you call 1-844-528-8688.

No Medical Exam Life Insurance Pricing

Below are samples of  No Medical Exam Life Insurance Rates for 45 Year Olds, these are just one zip code and I used a preferred status, your rates could be higher or lower depending on several factors, but this will give you an idea just how good these rates are.

Sample Rates No Medical Exam Life Insurance for Age 45

No Medical Exam Term life insurance rates for a 45 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        $13.03           $14.46              $14.26           $15.96            $24.83             $42.03

15 year term        $13.03           $15.58              $17.51            $18.06            $31.09             $54.35

20 year term      $13.03            $17.22             $20.23           $22.99            $41.94              $74.55

30 year term      $13.03            $24.36             $42.83         $35.87             $65.12              $119.99

*Rates will vary by health class

No Medical Exam Term life insurance rates for a 45 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       $13.03           $13.05             $13.11             $14.95             $22.18              $33.74    

15 year term       $13.03           $14.37             $14.21             $16.05             $24.52             $42.96

20 year term      $13.03          $15.66              $15.76             $17.82             $32.00             $55.54

30 year term      $13.03          $21.92             $23.26             $25.91            $50.29             $87.98

*Rates will vary by health class

Options for Life Insurance at 45 Years old

Term Life Insurance is an option for protecting your family or loved ones from financial ruin, following the passing of a spouse or a loved one.

Life Insurance term lengths can be matched to the length of a specific debt, such as a house payment.  It can also be set to run out at or close to retirement when most debts are paid and children are out on their own.

This type of insurance is obviously called  Term Life Insurance a coverage amount set to run for a specified period of time.  Most commonly 10, 15, 20, or 30 years, as you age into your sixties the longer terms will not be offered

No Exam Life Insurance is available in amounts of up to $500,000.00, while the fully underwritten policies can offer amounts into the millions.

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.

Whole Life is another type of life insurance and is sometimes called permanent life insurance.  It is offered in smaller amounts for Final Expense Life Insurance Policies and in larger amounts which some people use as an investment.

No Medical Exam Life Insurance Rates for 44 Year Olds

How Much Life Insurance to Have

When you ask around how much Life Insurance you should carry, you most likely get as many different answers as people you ask.  The truth is, you are the only one who can answer that, everyone’s situation is different.

You will need to calculate the amount of protection you feel would keep your family stable and without any large loss of lifestyle.

When I am consulting someone on the amount of coverage needed, I use a calculation of earnings, current total debt, and future expense, such as educational needs and childcare.  Many use the figure of 10 x earnings, which could be acceptable depending on the debt that will be left.

Taking out a life insurance policy for only the main bread winner can be a huge mistake.  A spouse who is a stay at home parent or maybe works only works part time covers many duties that will be very expensive to replace in the event of their death.

Forbes states the stay at home mother’s salary equivalent to $115,000.00 in the survey from 2011.  If the surviving spouse would take over all duties that are vacated it greatly reduce their earning potential.

This could not only cut the earning immediate earnings but could hamper any future career moves.

If they hire someone to take on some or all of the duties, that will increase the expenses for the household.  When you add up the amount of coverage for your No Medical Exam Life Insurance Policy, be sure to cover all the needs your family might need.

When Should I Buy Life Insurance

When you and your family are young is the most beneficial time to purchase your No Medical Exam Life Insurance Policy.  Age brings with it medical conditions and our health does not improve as we grow older.

Rates are not only calculated by age but are also set by health classifications.  The younger and healthier you are when you start your policy the less your premium will be.

In this article we have a table showing what just five years can do to premiums.  No Exam Life Insurance Over Age 40.

The rates are excellent and there is no better time to get your family covered than right now.  Call us today for your free personalized quote on No Medical Exam Life Insurance Rates for 45 Year Olds 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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