What Is No Exam Life Insurance

Has the thought of undergoing a medical examination pushed purchasing life insurance to the bottom of your To-Do List? Perhaps you’re worried that the exam results could spoil your chances of getting a good policy, but you need to know about  “No-Exam Life Insurance.”

While it’s true that most insurance policies do require that the potential buyer takes an exam, there are policies available that offer the option of not taking one.

Table Content

  • Why Do You Need To Take Medical Exams?
  • What Medical Tests Do You Have To Take?
  • The tests typically include:
  • No-Exam Life Insurance: What Is It?
  • Conclusion
  • Related posts:

Why Do You Need To Take Medical Exams?

When you look at the basic premise of life insurance, you will understand that you and the insurance provider are taking a calculated business risk. On your part, you are banking on the fact that the benefits your family will get if you die during the term of the policy far outweigh the amount you pay in premiums. On the other hand, the insurance company is betting on the opposite situation! And, in case the policyholder dies after the term is over, they wouldn’t have to make any payouts.

If you already have a serious health condition, the company would certainly have to pay out during the term. This is the main reason why the insurer would like as much information about your health status as possible. It helps the insurer to create the right type of plan for you. Hence, the need for a detailed medical examination.

What Medical Tests Do You Have To Take?

A complete medical test would include information on:

  • Age
  • Gender
  • Height&Weight
  • Family Medical History

The tests typically include:

  • Complete blood count
  • Kidney and Liver Function
  • Lipid Profile
  • Blood sugar
  • HIV
  • Urine
  • Hypertension

You may also have to undergo an ECG and treadmill test based on your age and the type of coverage you want.

Hence, most experts recommend that you purchase insurance earlier in life and undergo medical tests at age 20-30. This helps keep the premiums on the low side and opt for maximal coverage tenure.

Many purchasers mistake not declaring existing health conditions at the time of purchase. This may not give you adequate coverage and could also attract the risk of claim rejection.

No-Exam Life Insurance: What Is It?

  • Certain insurance products are available without the need for medical exams. If you’re looking for convenience, quick processing/approval, and are concerned about issues such as controlled diabetes or GI conditions, the no-exam type is right for you.
  • You must answer a detailed questionnaire about medical history, sometimes conducted over a phone call.
  • The premiums are typically higher, but the coverage may be capped at Rs 1 crore.
  • This type of policy is good if you’re young, have no serious health issues, and have a generally healthy lifestyle.
  • However, it’s important to disclose any health conditions, illnesses, lifestyle risk factors such as adventure sports or smoking when you purchase the policy. This ensures that the claims process goes smoothly for the nominees after your demise.
  • Opting out of a medical exam has its pros and cons for whatever reason. However, you have to be prepared to get lower coverage and higher premiums. This type of policy also risks higher claims rejection if discrepancies are noticed at the claims stage.


No-Exam life insurance is not an insurance policy, before buying a term policy, the insurer needs certain things to clear and your current health report is one of those things that are necessary as per the policy’s terms and conditions.  But a health exam is only worth it if you are an old age person and interested in buying life insurance, being a young guy you never need of health examination cause it’s like wasting money. Yes, it’s true that everyone should buy insurance at an early age. Because insurance premiums most of the time depend on a person’s age and sum insured options.

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