Term Life with No Waiting Period

What is term life insurance with no waiting period?

It's temporary life insurance that provides coverage immediately upon you paying the first premium for your policy.

That means, as soon as you are approved for coverage and make the first premium payment, you have life insurance protection.

So, there's no delays in providing your coverage. There are some life insurance policies that do not provide full coverage until after you have been insured for 2 or 3 years - these are called "graded benefit" life insurance policies.

However, a standard term life insurance policy provides full coverage as soon as your life insurance policy starts.