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No Medical Life Insurance
Want life insurance without the hassle of a medical exam? No medical life insurance could be the answer. Keep in mind there are limitations for policies that aren't fully underwritten.
It's designed to help replace lost wages while you're unable to work, pay for any medical expenses that might pop up or even make sure your family can maintain their lifestyle without your income.
No medical life insurance is the same. The only difference is that you don't need to visit a doctor before you get a policy. It's less hassle than standard life insurance and can be approved much quicker, but it's not tailored to your specific circumstances so it's better suited to people who lead a healthy lifestyle and have no pre-existing health conditions.
How does no medical life insurance work?
Before you're approved for no medical life insurance, you'll have to fill in a questionnaire about yourself and your overall health. This means you have to disclose some details such as your BMI, whether you smoke and how much alcohol you drink. The insurer will also ask if you have any pre-existing medical conditions and may ask about your family's medical history.
Make sure you're honest in your disclosure. If you give misleading information, the insurance company can't determine the right coverage for you and may even be able to deny a claim further down the line.
A claim may be denied if you don't give accurate information
Not suitable for smokers or heavy drinkers
Not suitable for people with pre-existing medical conditions
Who should apply for no medical life insurance?
We can't tell you whether you should apply for no medical life insurance, but we can say that no medical life insurance is better suited to the following people:
Healthy people. No medical life insurance isn't the best option if you have pre-existing medical conditions, smoke or drink heavily. If this is the case, you may want to consider standard life insurance instead.
Busy people. No medical life insurance has an easy application process, with no need to arrange a medical exam. It's great for people who have little time to spare.
If you're in a rush. Fully underwritten life insurance can take weeks to be approved, but no medical life insurance can be done in just a matter of days.
Just because you can opt for an insurance policy without a medical exam, it doesn't mean you should. An insurer needs to understand your risk level so they can then offer you a policy that, ultimately, you could successfully claim against in the future. In general, this is more likely if you've provided them with more information during the application process. Read more about how a life insurance medical exam typically works.
Can seniors get no medical life insurance?
Yes, it is possible for seniors to take out life insurance without having to go through medical underwriting. There are a couple of things to be aware of though.
If you're over 65, you're probably going to pay a lot more in premiums due to your age. So if you don't have debts or a lot of financial commitments as you approach your retirement, have a think if life insurance is really worth the ongoing cost of the premiums you'll pay.
The other big consideration is that no medical life insurance can often have a lot more conditions making it harder to make a successful claim. If you're a senior and looking for a more comprehensive form of cover for your life insurance, it could be worth going through medical underwriting just to make sure there aren't any unforeseen issues when it comes time to make a claim.
Can I get no medical life insurance if I have a pre-existing medical condition?
In some cases, you may be able to get no medical life insurance even if you have a pre-existing condition. However, it's likely that this condition will be excluded from the policy. That means if you die as a result of that condition, your family won't receive a benefit.
If you have a pre-existing medical condition, always declare it to the insurer. It's the only way to make sure you have a policy you can trust.
Do I have to declare existing medical conditions for no medical life insurance?
Yes. It's important to be honest and upfront about any medical conditions you may have as well as your lifestyle habits such as smoking and alcohol consumption.
If you're not accurate in your declaration, your insurer may deny a claim when you or your family really need it. It's better to pay a bit more for a policy and be secure in the knowledge it will pay out when it comes to claim time.
What's involved in a life insurance medical exam?
Some people opt for no medical exam life insurance due to fear of doctors or discomfort with medical exams. However, it's important to understand what the process entails before making a decision. No medical exam policies can be a hassle-free way to get coverage quickly, but they may come with higher premiums and limited coverage. It's worth considering the pros and cons of no medical exam life insurance before making a decision.
Typically, you can expect a medical exam to look at the following:
Blood
Urine
Blood pressure
Cognitive tests
Height
Weight
Cholesterol
Treadmill test
Why you can trust Finder's life insurance experts
We're free
You pay the same as buying directly from the life insurer. Better still, we regularly run exclusive deals that you won't find on any other site – plus, our tables make it easy to compare policies.
We're experts
Our team of life insurance experts have researched and rated dozens of policies as part of our Finder Awards and published 250+ guides to make it easier for you to compare.
We're independent
Unlike other comparison sites, we're not owned by an insurer. That means our opinions are our own and we work with lots of life insurance brands, making it easier for you to find a good deal.
We're here to help
Since 2016, we've helped 270,000+ people find life insurance by explaining your cover options, simply and clearly. We'll never ask for your number or email. We're here to help you make a decision.
Frequently asked questions
There are many reasons why you might be denied life insurance including health reasons, a high-risk occupation or a dangerous pastime. When you are unable to get life insurance on your own, you can choose to get the help of a life insurance broker who might be able to find policies that are not available to be bought directly.
You can get life insurance of well over $1,000,000 without a medical exam. Providers like NobleOak and RAC offer some of the highest levels of cover we've seen and can cover you up to $25,000,000.
No medical life insurance isn't necessarily more expensive than one that requires a medical. Some of the cheapest life insurance policies are actually no medical ones. But keep in mind, you generally get what you pay for with life cover. Low pricing alone shouldn't be a deciding factor when you shop around for your insurance.
The cost of your policy is based on several factors, however, and if you have a pre-existing medical condition this could mean a higher premium than someone without one.
Yes, there are several insurers that offer million-dollar policies without a medical exam. You will likely have to complete a health questionnaire that will determine whether you can be insured or not.
Nicola Middlemiss is a contributing writer at Finder, with a special interest in personal finance and insurance. Formerly a business and finance journalist, Nicola has written thousands of articles helping Australians better understand insurance and grow their personal wealth. She has contributed to a wide range of publications, including Domain, the Educator, Financy, Fundraising and Philanthropy, Insurance Business, MoneyMag, Mortgage Professional, Yahoo Finance, Your Investment Property, and Wealth Professional. Nicola has a Tier 1 General Insurance (General Advice) certification and a Bachelor's degree from the University of Leeds.
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