Do I Have to Answer Medical Questions for Life Insurance?

If I want to buy a life insurance policy will I have to answer any questions about my health or medical history?

Usually, there are questions asked about your health on the life insurance application.

The insurance company asks about your health history to determine how to classify you for a rate which determines how much you will pay per $1,000 of life insurance coverage.

Your answers to the health questions asked help the insurer figure out how healthy you are compared to the average person requesting life insurance, and how long you are expected to live - your life expectancy - which gives the insurer an idea of how long you would continue to pay your premiums for your life insurance policy.

However, some insurers do not require a medical exam for people who are under 25 years old, or who are requesting $50,000 or less of life insurance, but these guidelines may vary by insurance company.

In addition, there are simplified issue life insurance policies offering up to $400,000 or more of life insurance with no health exam required.

And, some insurers offer guaranteed issue life insurance with no exam and no health questions asked.

Here's how you can learn more about shopping for no exam life insurance coverage