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A: Most life insurance companies require that you have a medical examination. As you would expect, they do this to evaluate your health and calculate your life expectancy. They will then use this to determine what your annual premium should be.
However, if you are under 40 years old and buying a limited amount of life insurance (usually around $100,000), you may be given the policy without an examination.
There are ways to get life insurance without a medical exam. If you are in great health, you will probably pay more for these insurance policies since those with poor health are also considered when your policy rates are set.
The best way to get life insurance without a medical exam is through group insurance. The most common group insurance available is through your employer. These programs typically offer a multiple of your salary, commonly from 1 to 2x your salary. Learn more about Group Insurance.
There are also companies that specialize in policies for high risk individuals such as smokers, cancer survivors and those with a history of heart problems. These policies are typically expensive and in many cases the insurance companies will not write policies with a high redemption value.
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