Low Cost Life Insurance Essay

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Finding a Low Cost Life Insurance without Medical Exam There is a growing trend of people looking for life insurance with no medical exam. It means many people on this day want to get the coverage from their life insurance without have to undergo any medical exam, which is not only people will be very uncomfortable with, but also because it will slow down the process of getting the coverage for weeks. It seems like that this trend will not slow down, although it is very obvious that the life insurance without medical exam requires people to pay higher rates than the traditional life insurance. The main reason why people take this kind of life insurance is convenience. There is no need to wait for weeks just to get covered and there is no need to visit the doctor to undergo the medical exam. With no medical exam, people will enjoy the convenience of having life insurance faster and easier. …show more content…

The answer is yes, and the first thing that people should do is to find more information about this type of life insurance. There are several types of life insurance with no medical exam where some still require people to answer several health-related questions while other will not ask any question at all. The one who does not require people to answer any health question is the one with the highest rates. People with serious health risk and still want to get coverage from life insurance policy usually choose life insurance that asks no medical question at all, while some people who are in general good health could opt for other types of life insurance with no medical exam that still require them to answer several questions. This is much more affordable, and although it still more expensive than the traditional one, the difference is not too

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