Best No-Exam Life Insurance Of March 2023

Life insurance is an important financial product that helps protect your loved ones from the financial burden of unexpected events, such as illness, injury or death. However, the process of applying for life insurance can often be lengthy and involved, requiring medical exams and extensive paperwork.

For those who want to avoid these hurdles, no-exam life insurance policies offer a convenient and straightforward alternative. These policies require no medical exam and often have a simplified application process, making them an attractive option for those who want to quickly secure life insurance coverage.

Here are some of the best no-exam life insurance options of March 2023:

Best Overall: Haven Life

Haven Life offers term life insurance policies up to $3 million, with no medical exam required for applicants under age 59 who are in good health. The application process can be completed online, with approval often provided within minutes. Haven Life also offers a unique feature called the Haven Life Plus rider, which provides policyholders with access to additional benefits, such as a will service, online legal services, and a fitness app.

Best for Seniors: AIG Direct

AIG Direct offers no-exam term life insurance policies up to $500,000 for applicants aged 50-85. Policies can be purchased online or over the phone, and approval can be provided within minutes. AIG Direct also offers guaranteed issue policies for those who have been declined for life insurance due to health issues.

Best for High Coverage Amounts: Fabric

Fabric offers term life insurance policies up to $5 million, with no medical exam required for applicants under age 60 who are in good health. The application process can be completed online, with approval often provided within minutes. Fabric also offers a unique feature called Fabric Vault, which allows policyholders to store important documents and share them with designated beneficiaries.

Best for Simplified Application: Bestow

Bestow offers term life insurance policies up to $1 million, with no medical exam required for applicants under age 59 who are in good health. The application process can be completed online in minutes, with approval often provided instantly. Bestow also offers a unique feature called the Bestow Assist program, which provides policyholders with access to licensed agents who can help with any questions or concerns.

Best for Permanent Coverage: Ethos

Ethos offers both term and permanent life insurance policies, with no medical exam required for applicants under age 60 who are in good health. The application process can be completed online, with approval often provided within minutes. Ethos also offers a unique feature called the Ethos Legacy Planning program, which provides policyholders with access to estate planning services.

When considering no-exam life insurance policies, it’s important to carefully evaluate the coverage options and compare quotes from multiple providers. While no-exam policies offer convenience and speed, they may also come with higher premiums and limited coverage options compared to traditional policies that require a medical exam.

Best for Quick Coverage: Ladder

Ladder offers term life insurance policies up to $8 million, with no medical exam required for applicants under age 60 who are in good health. The application process can be completed online, with approval often provided within minutes. Ladder also offers a unique feature called LadderLife, which allows policyholders to adjust their coverage amount and term length as their needs change.

Best for Customizable Coverage: Policygenius

Policygenius offers a wide range of term life insurance policies from top-rated insurers, with no medical exam required for some policies. The application process can be completed online, with approval often provided within days. Policygenius also offers a unique feature called CoverageCheck, which helps policyholders evaluate their coverage needs and adjust their policies accordingly.

Best for Young Adults: Brighthouse Financial

Brighthouse Financial offers term life insurance policies up to $1 million, with no medical exam required for applicants under age 45 who are in good health. The application process can be completed online, with approval often provided within days. Brighthouse Financial also offers a unique feature called the Brighthouse Shield program, which provides policyholders with access to health and wellness resources.

Best for Affordable Premiums: Sproutt

Sproutt offers term life insurance policies up to $3 million, with no medical exam required for some policies. The application process can be completed online, with approval often provided within days. Sproutt also offers a unique feature called the Sproutt Score, which helps policyholders evaluate their overall health and wellness and potentially qualify for lower premiums.

Best for Guaranteed Issue: Mutual of Omaha

Mutual of Omaha offers guaranteed issue whole life insurance policies, with no medical exam required and no health questions asked. Policies are available for up to $25,000 in coverage and can be purchased online or over the phone. Mutual of Omaha also offers a unique feature called the Living Promise program, which provides policyholders with access to additional benefits, such as accidental death coverage and terminal illness coverage.

Overall, the best no-exam life insurance options of March 2023 offer a variety of coverage options and features, making it easy for consumers to find a policy that meets their specific needs and budget. As with any financial product, it’s important to carefully evaluate the terms and conditions of each policy and compare quotes from multiple providers to ensure that you’re getting the best coverage at the most competitive price.

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