Cheapest Life Insurance Rates
Reader’s question
I’m interested in getting a term life insurance no medical exam. Is this only for a fixed duration? I know I am young and healthy, and I don’t want to have to go thru medical exam just for insurance. Is it also cheap?
Aubrey Morris
Knoxville, Tennessee
It’s good that you know life insurance in itself is something important. You see, its main purpose is securing your future or your family’s future. We all need to know that having a life insurance as form of security is very much necessary, especially in this highly volatile economic situation.
So, first, about you being young and healthy, that is definitely great! However, please be mindful that our lifestyle may change from active to sedentary and may make us prone to several life-threatening diseases, like cancer, heart attack and diabetes. Also, there are other factors that are just beyond our control. Times change leading to harsher economic situations for our nation. More so, even our environment condition may be very different in the next 20 years or so. These changes would mean greater risks on our health and financial security, so it would be wiser and more prudent for you to prepare as early as now.
Being young will also mean cheapest life insurance rate on your part, especially if you are getting term life insurance no medical exam plan. Since you are young and healthy, these things will definitely work for you. Of course, you will only need to shed some money every month, but it’d be easy to convince these insurance companies to give you a lower monthly premium. Also, you are right, this is good for a certain amount of time or term only, and after that term, you many need to complement it with another one. Still, it wouldn’t hurt to be secured for such duration now, would it? As I have mentioned earlier, our environment is deteriorating, and that would mean a lower life expectancy for us. So now that you still have the strength and the advantage of being young, make sure to plan your future well, and, of course, make it a secure one.
You can also get the cheapest life insurance rate if you get a quote first. You can easily do this online by filling up the form just like you see above. It is free and no obligation. You will also get multiple quotes from various companies in just one click.
Drop by again next time, Aubrey!
Cheap No Exam Life Insurance Quotes
Reader’s Question:
Is it true that better health translates to lesser life insurance premiums? What are the risks if the applicant will not tell the whole truth about his health condition? I am applying for no exam life insurance in Bakersfield, California.
Dane
Bakersfield, CA
Hello Dane.
Nice question. It’s true that you pay less in life insurance if you have good health, not smoking, or have healthy family history. Life insurance companies in Bakersfield, California take it as an insurance risk if you happen to be otherwise. It’s also a reality that people who want to get life insurance are tempted not to reveal the true condition of their health just to save on premium. However, there is real risk in doing so and it’s a serious risk indeed.
Imagine you have a heart condition but you did not disclose it during your application for life insurance. You then paid low premium on your life insurance as a result of a seemingly clear health. Since it is a heart condition, you would be at risk of heart attack anytime. Once you get heart attack and you die, your insurance company will investigate the death and it means going over your medical files. When they found out that you have had a heart condition before you apply, they may deny claims of your life insurance. In essence, this would be a case of fraud and they would not release insurance to your beneficiary despite the fact that you have been paying for it for a considerable period. What you have been paying in life insurance will be lost as a result of such fraudulent act.
Always remember: Companies in life insurance, or any insurance policy for that matter, are diligent and keen when claims come. They investigate before releasing claims. And as much as possible, they would only release claims on valid and accurate grounds. Failure to present evidence of validity and accuracy result in denial of life insurance claims.
Loading ...