Life insurance is an essential component of financial planning. It provides a sense of security and peace of mind to your loved ones in case of your untimely demise. However, traditional life insurance policies can be difficult to obtain due to medical exams and other qualifying criteria. That’s where no-exam life insurance comes in handy. In this article, we will discuss the top 10 no-exam life insurance policies.
- They offer a fast and straightforward application process that can be completed in minutes. Bestow provides coverage for up to $1 million and offers 10-year and 20-year term life insurance policies.
- Fabric Fabric is another leading no-exam life insurance provider that offers up to $5 million in coverage. They have a simple online application process that takes just a few minutes to complete. Fabric provides both term and whole life insurance policies.
- Haven Life Haven Life is a subsidiary of MassMutual, a leading life insurance company. They offer up to $3 million in coverage and have a simple online application process. Haven Life provides term life insurance policies, and they also offer a rider that allows you to convert your policy to permanent life insurance.
- Ethos Ethos is a fast-growing no-exam life insurance provider that offers coverage of up to $1.5 million. They have a simple online application process and provide both term and whole life insurance policies. Ethos has a unique underwriting process that utilizes data analytics to evaluate your risk and provide you with a customized insurance policy.
- Ladder Ladder is a no-exam life insurance provider that offers up to $8 million in coverage. They have a unique ladder system that allows you to increase or decrease your coverage as per your needs. Ladder provides term life insurance policies, and they also offer a rider that allows you to convert your policy to permanent life insurance.
- Sproutt Sproutt is an innovative no-exam life insurance provider that utilizes a unique approach to underwriting. They evaluate your lifestyle, habits, and health metrics to provide you with a personalized insurance policy. Sproutt offers up to $3 million in coverage and provides both term and whole life insurance policies.
- Fabric Instant Fabric Instant is a new offering from Fabric that provides coverage of up to $1 million without any medical exams. The application process is quick and straightforward, and you can get approved in just a few minutes. Fabric Instant provides term life insurance policies.
- Sagicor Sagicor is a leading life insurance company that offers a no-exam policy called Sage Term. They provide coverage of up to $500,000 without any medical exams. Sagicor has a simple application process, and they offer both 10-year and 20-year term life insurance policies.
- AIG AIG is a leading life insurance company that offers a no-exam policy called Quality of Life. They provide coverage of up to $2 million without any medical exams. AIG has a unique underwriting process that utilizes data analytics to evaluate your risk and provide you with a customized insurance policy.