Best No Medical Exam Life Insurance

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You might think you need a medical exam to get a life insurance policy, but that’s not always true! You can find life insurance policies that waive this requirement. Benzinga’s guide to no medical exam life insurance can help point you in the right direction.

Best No Medical Exam Life Insurance:

  • Best for Personalized Coverage: Sproutt
  • Best for Quick Coverage: Bestow
  • Best for Multiple Quotes at Once: Quotacy
  • Best for Quick Coverage: Ladder
  • Best for Families: Fabric

How Does Life Insurance Typically Work?

You and a life insurance company enter into an agreement when you choose a policy. The main purpose of your life insurance policy is to provide financial protection to your family when you pass on. Here are some terms you will need to be familiar with:

  • Beneficiary. Your beneficiaries receive life insurance payouts when you die. You can list 1 or more individuals as the beneficiaries of your life insurance policy. You may also be able to make an organization your beneficiary. 
  • Death benefit. This is the money that is paid out when the insured person passes away.
  • Policyholder. This is the person whose life is insured. In most cases, the person who takes out the life insurance policy is the policyholder. However, it is possible in some cases to take out a policy on someone else’s life.
  • Premium. The premium is the amount that you will owe monthly or annually to keep your policy active. Your life insurance documents may also refer to keeping your policy active as it being “in force.” If you fail to make your premium payments, your beneficiaries may not be able to receive the death benefit when you pass away.

As soon as you select a policy and make your 1st premium payment, your life insurance policy will go into effect.

Term Life vs. Whole Life

There are a few types of life insurance you can get — 2 common options are term and whole life insurance.

Term Life

Term life may be your best bet if you’re looking for cheap life insurance. This type of life insurance policy only lasts for a set number of years, otherwise known as the “term” of your policy. Usually, life insurance companies offer 10- to 30-year terms for term life insurance policies. When you reach the end of your term, your life insurance policy expires.

If a term life insurance policy ends before the insured person passes away, the policyholder will need to find a way to continue coverage. If coverage is not continued, the beneficiaries of the policy will not receive the death benefit.

There are 2 options to continue coverage after a term life insurance policy ends. You can purchase a new term life policy. In some cases, you may also be able to convert the term life policy into a whole life policy. Speak with your insurance company to discuss the options available to you.

Whole Life

Whole life insurance policy is a form of permanent life insurance. This policy will stay in effect your entire life as long as you continue to pay your premiums. When you take out a whole life insurance policy, a portion of your premium will go towards the tax-deferred cash value. This savings account is known as the cash value of your policy.

You can use the cash value of your policy to help you in certain financial situations. For example, you can use it to fund your policy, draw from it in retirement or even borrow from it.

Why Would a Life Insurance Company Not Require a Medical Exam?

It’s important to remember every life insurance company is a business. It might be tricky for you to get a life insurance policy because of certain health conditions or hobbies. You might need life insurance quickly and don’t have the time to go through the full medical exam. Life insurance companies offer policies that don’t require a medical exam to help you gain access to a life insurance policy. 

You might want to consider a life insurance policy without a medical exam if you:

  • Live a generally healthy lifestyle
  • Don’t engage in risky behaviors
  • Don’t have the time to schedule a medical exam
  • Are looking for a shorter timeline to obtain life insurance

It’s important to remember that even though you wouldn’t need to submit to a medical exam, you do still need to be truthful about your health. Most policies will ask you questions about your health and lifestyle to determine whether you are eligible for a life insurance policy. Your policy may be canceled if you omit information about your health.

Best No Medical Exam Life Insurance Companies

If you’ve decided that a life insurance policy without a medical exam might be the right choice for you, it’s time to consider the best life insurance companies. Here are some of our top picks.

Age Requirements
Coverage Amounts
$50K to $4M
Starting Rate
$9 a month

1. Best for Personalized Coverage: Sproutt

Sproutt is an independent insurance broker that connects you with a policy and provider to match up with your budget and needs. By combining technology and human touch, Sproutt creates a personal profile for every applicant and matches you with the most suitable coverage. 

This process is entirely online. You have the option to speak to an experienced Sproutt advisor for assistance. It works with top-rated life insurance carriers like AIG, SBLI, Principal and Sagicor Life. 

The company has also developed its Guided Artificial Intelligence Assessment (GAIA) platform to power the Quality of Life Index. The platform evaluates your lifestyle to offer personalized recommendations to help you live a healthier lifestyle.

Age Requirements
Coverage Amounts
$50,000 – $1,000,000
Starting Rate

2. Best for Quick Coverage: Bestow

Bestow is 1 of the top life insurance agencies that does not require a medical exam. It offers a quick online application process to help you get your policy issued as soon as possible if approved. 

This life insurance agency only offers term life insurance and you can choose from a short or long-term policy depending on your needs. You are able to receive your coverage immediately if you’re approved for a policy. Bestow also offers low rates and flexible cancellation policy to help you with this important decision.

Age Requirements
18 – 80
Coverage Amounts
$50,000 to $25,000,000

3. Best for Multiple Quotes: Quotacy

Quotacy can help you find the best term life insurance policy that fits your family’s needs and budget. Here’s how: Quotacy checks other life insurance companies to make sure you’re getting the best deal and looks for a better price so you can choose the life insurance policy you want.

Step 1: Use Quotacy’s life insurance calculator to see what’s right for you and your budget.

Step 2: Use the life insurance calculator to compare life insurance policies with detailed information.

Step 3: Apply for life insurance online after you find a policy that fits your needs.

Life insurance is a gift to your family. Don’t delay! Apply for coverage today.

Age Requirements
20 – 60
Coverage Amounts
$100,000 to $8 million
Starting Rate
Application Length
5 minutes

4. Best for Quick Coverage: Ladder

Ladder offers policies with no hidden fees, on-the-spot underwriting and a streamlined website. Coverage ranges from $100,000 to $8 million and you can adjust your coverage over time as needs change.

Its price lock guarantee ensures your premium won’t increase as your health changes and you age. You can receive a refund within the 1st 30 days if you’re unhappy with your coverage and you can cancel at any time.

Age Requirements
21 – 60
Coverage Amounts
$100,000 to $5,000,000
Starting Rate
Application Length
10 minutes

5. Best for Families: Fabric

Fabric offers term life insurance for individuals between the ages of 25 and 50. It believes that life insurance isn’t for you, it’s for your family. You can apply in as quick as 10 minutes and could be offered coverage on the spot.

Apply online or in Fabric’s mobile app. It offers a range of term lengths and coverage amounts to help you find a policy that works for you. Choose from 10-, 15- or 20-year terms and coverage amounts from $100,000 up to $5,000,000.

To get an idea of how much you might spend on term life insurance with a Fabric policy, we gathered a real quote. A 20-year term life insurance policy for a 29-year-old female in excellent condition with a coverage amount of $250,000 would pay around $14.61 per month. That’s less than a burger combo at Shake Shack! Apply now and see what this affordable term life insurance will cost you.

Is No Medical Exam Life Insurance Right for Me?

There are a few questions you can ask yourself to figure out which policy is right for you. If you are looking into this type of life insurance just because you don’t like going to the doctor, you may want to reconsider if it means you’ll save a bundle of money. 

However, if you are young, healthy, and just looking to purchase a simple life insurance quickly, this may be the right option for you. Do your research and fully understand each insurance company and policy before you choose life insurance.

Frequently Asked Questions

1) Q: How much life insurance do I need?

1) Q: How much life insurance do I need?

Many in the industry recommend that you carry 8-12 times your annual income in life insurance coverage. A more granular approach can be beneficial, however, and accounting for debt and ongoing financial commitments in more detail when choosing a coverage amount can better provide for your family than an arbitrary multiple of earnings. Get a customized quote for the best policy.


2) Q: I have life insurance through work. Do I need more coverage?

2) Q: I have life insurance through work. Do I need more coverage?

Most group life insurance policies offered through employers offer a death benefit equal to 1-3 years of salary. For many households, this amount won’t be enough to retire debt or provide for the surviving family. A commonly used rule of thumb suggests that you should have at least 8-12 times your income in life insurance coverage.


3) Q: How can I lower my life insurance premiums?

3) Q: How can I lower my life insurance premiums?

Life insurance premiums are based on age, insured amount, and a number of health and behavioral risk factors. Rates have fallen in recent years as longevity has increased and insurers have become better at pricing risk factors. If you have an old policy, it may be a good idea to make sure it’s still fits your current needs at the best price. If you don’t have coverage yet, don’t wait too long to buy a policy. Rates typically increase with age. Many insurers also offer a sizeable discount on auto insurance if you have a life insurance policy with the company as well, creating a way to save money on your overall insurance costs. Get the best deals here.


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Finding the right company for your situation means considering all of your options and getting the right advice. Policygenius makes it easy to get personalized quotes from top insurers and apply for your best policy all in one place. Their combination of online tools and support from unbiased, licensed experts makes Policygenius the best site to help you get insurance right.