With a term life insurance policy, you can provide your loved ones with extra financial security during every phase of life, like as your children grow up or during a pivotal point in your career. Term life policies allow you to purchase coverage for a fixed time, so your loved ones will have money to replace your income if you pass away. That way, you can take solace in knowing your family’s needs are met, even in the most challenging circumstances.

Typically, the application process for a term life insurance policy includes a medical exam to assess your lifestyle and overall health. However, not everyone has the time or the capacity to schedule and undergo an examination. Fortunately, insurance providers like Fidelity Life offer term life policies for people who want financial protection for their loved ones but want a more flexible medical exam experience.

What types of term life don’t require a medical exam?

Some term life insurance policies don’t have a strict medical exam requirement. However, you may still need to complete one to provide extra information in some medical circumstances. To confirm whether you could qualify for term life insurance without an exam, you can call today and speak with a licensed life insurance agent. Fidelity Life offers two term life policies that only sometimes require a medical exam, giving you options to make the right choice for your circumstances, budget, and coverage needs.

Term life insurance

Fidelity Life offers RAPIDecision® Life term policies to quickly provide between $50,000 and $2 million in coverage. You can choose a 10-year, 15-year, 20-year, or 30-year term with level premiums. Plus, coverage can often begin the day you complete your application.

You’ll need to answer questions about your health history to determine eligibility, and then, if you’re approved, you can wait up to six months to complete your medical exam. That way, you don’t have to wait for your coverage to begin while you find time in your busy schedule to do the exam.

If you’re concerned about a medical examination extending your application process and delaying coverage, this could be a good solution. Plus, people without any serious health issues may not need to complete a medical exam at all. Fidelity Life waives the requirement for some healthy applicants whose applications don’t raise any flags.

Senior term life insurance

Older adults often have different financial priorities and circumstances than younger adults. They may want some extra security for their families as they approach retirement while life’s most substantial expenses, like children’s education or a mortgage, may be behind them.

Fidelity Life offers RAPIDecision® Senior Life Term policies between $10,000 and $150,000 to meet those changing needs. Adults between 50 and 70 can choose a 10-year, 20-year, or 30-year term, depending on their circumstances.

Most older adults don’t need to complete a medical exam to qualify. Instead, applicants answer questions about their health history. Yet, some older adults must complete an exam if any of the responses call for further information or clarification.

Why might you want term life insurance without the medical exam?

Many people interested in term life insurance lead busy, active lives. For example, you might already have to juggle working full-time and caring for your family. Finding the time for a medical exam can be difficult between work, home, and other responsibilities.

You may also want to seek out a policy with no medical exam requirement if you need coverage to begin quickly. In addition to scheduling and completing your medical exam, insurance providers take time to assess the exam’s results, which can delay your approval. With term life insurance that doesn’t require an exam, you can receive a decision in a matter of days instead of weeks.

Finally, you may not want to undergo a medical exam simply because you aren’t comfortable with the poking and prodding that might come with it. If that sounds like you, you can apply for term life insurance that forgoes the exam process and receive great coverage without sacrificing comfort.

How to qualify for no medical exam term life coverage

When you apply for specific term life policies, you can sometimes skip the medical exam requirement. Insurance providers use the medical examination, your application, and information from other sources to form a complete picture of your health. They do this to determine how much risk they could take on by providing you with life insurance coverage.

If you’re relatively young and healthy, that risk is relatively small. You may be able to avoid a medical exam by showing the insurer that you have no serious health concerns and maintain a healthy lifestyle. Older, healthy adults applying for senior term life insurance may be more likely to forgo a medical exam.

If you’re worried you may have to complete a medical exam for term life insurance, you could look into one of Fidelity Life’s other no-exam policies. These include RAPIDecision® Final Expense insurance and RAPIDecision® Guaranteed Issue life insurance. These policies each provide permanent coverage, which lasts through the end of your lifetime. A licensed insurance agent can help you navigate the differences between these plans as you look for the best option for you and your loved ones.

Should you get term life without a medical exam?

Term life insurance without a medical exam is convenient, but it may not be for everyone. Medical exams help insurers determine your eligibility by estimating the risk they take by insuring you. You’re more likely to qualify for a policy without an exam if that risk seems low, plus you’re more likely to secure lower premiums.

You may choose to take a medical exam if you don’t have many health issues, eat a balanced diet, and lead an active, low-risk lifestyle. The results could help you achieve more affordable premiums or a higher coverage amount.

Every situation is different. If you’re unsure whether a no-exam term life insurance policy could be a good fit for you, you can speak with a licensed life insurance agent today. You can also get a quote online to begin the application process.