Escape Health Checks Get Quick Life Insurance Now
Cost Considerations
While no-exam life insurance offers convenience, it often comes at a higher cost compared to traditional policies. This is because insurers assume more risk by not conducting a thorough medical evaluation. However, the peace of mind and speed of obtaining coverage can outweigh the additional expense for many individuals.
For example, a simplified issue term life insurance policy for a healthy 40-year-old might cost around $30 to $40 per month for a $250,000 coverage amount1. In contrast, a guaranteed issue policy could be significantly more expensive, with premiums ranging from $50 to $150 per month for similar coverage2.