Ethereal Paradox is actually no mystery why life insurance no medical has become so desired by term insurance buyers. They simply seek the simplest way to get their policies. There's the occasional desperate person who tries to obtain over on the life insurance company but these individuals are wasting their time.
The well thinking individuals who have learned about these products find it a convenience to buy no physical term insurance. They don't really want to be poked by a doctors needle or want to do urine tests. They are simply asked several pointed questions the answers to which give the life insurance carriers sufficient information to utilize.
20 or 30 years back it could not be prudent to market any sort of life coverage in this manner to anyone but younger people. People, however come in better health today at older ages. Why? Medical science has advanced to such a level that enables otherwise terminal patients alive a longer and quite productive life.
The information age! Confirming information on an individuals health, occupation and avocations was previously a significant long and slow procedure and the cost was just too much. Today this information is at the fingertips of the underwriters, with the applicants permission of course.
As we proceed who knows what advancements will become part of every activity. At present here is what life insurance no medical is about.
Should you be between age 18 and age 65 it is possible to acquire between $25,000 and $500,000 coverane without having to execute a physical exam. The policies offered are 10 year, 15 year, 20 year and 30 year term insurance. Once approved these policies are guaranteed renewable until age 95 without any evidence of insurability.
It usually takes about 15 minutes to obtain an answer from the business and, in the event that you qualify, it is possible to print out your policy online.