Your Guide To Buying $25,000 Life Insurance without any Physical Exams

What is a $25,000 Life Insurance with No Physical?

The concept of a $25,000 life insurance policy without a physical is straightforward; it is a life insurance policy for which no medical examination is required as part of the application process.

So, in essence, you gain access to the benefits of life coverage without the inconvenience or stress of a thorough health exam. These no-exam policies are ideal for those prioritizing quick approval and convenience.

How Does It Work?

The mechanics behind a $25,000 life insurance policy without a physical are simple. Instead of submitting to a medical exam, applicants usually answer some basic health-related questions.

The insurer uses the responses, along with other data such as past insurance records, to evaluate the applicant's health risk and determine premium costs. Start Your FREE Quote.

However, some plans require no health questions at all, such as the guaranteed issue life insurance.

Types of No Physical Life Insurance Plans

There are two main types of $25,000 no-physical life insurance.

Simplified Issue Term Life Insurance

The first is the simplified issue term life insurance, appropriate for healthy individuals between 20 and 70 years.

Applicants need to answer some health questions but won't have to undergo a medical exam.

Coverage amounts could run from $5,000 up to $100,000. Get a FREE Quote.

Guaranteed Issue Life Insurance

The second type caters to individuals aged 45 to 85 – the guaranteed issue permanent life insurance.

This plan doesn't require health questions and there's no mandatory medical exam.

Most importantly, it offers guaranteed approval, hence its name. Typically, this type of plan offers a coverage amount up to $25,000. Get a FREE Quote.

Limitations of Coverage

While these no-physical policies provide valuable life coverage, they come with certain limitations.

Because the insurer has less information about your health, the prices for these policies are usually higher than regular policies.

Additionally, the coverage amount tends to be lower, rarely exceeding $25,000 for guaranteed approval policies.

Reasons to Buy Life Insurance without a Physical

Why then, do people opt for these policies?

Here are a few Key Reasons:

• Quick and Easy Approval without delays or hassles.
• No Requirement for a Physical Exam or Blood Tests – ideal for those with health concerns.
• Certain plans offer Guaranteed Acceptance.
• They provide Coverage Sufficient for Final Expenses and to leave a small legacy to loved ones.

How to Buy a Policy

How does one go about buying a $25,000 life insurance policy without a physical?

Here's a simplified, Step-by-Step Guide:

1. Research: Gather information about different insurance providers and the no-physical exam policies they offer.
2. Compare: Analyze your options, comparing policy clauses, terms, and premiums.
3. Decide: Choose the policy that best fits your needs and budget.
4. Request a Free Quote: Find out how much life insurance will cost.
5. Apply: Fill the application form, providing the essential details without medical exam requirements.
6. Await Approval: The insurer evaluates your application and within a few days, informs you of the approval.
7. Finalize: Once approved, you receive your policy documents for signing, and once signed, your coverage begins.

Is No Physical Life Insurance Right for You?

Buying a $25,000 life insurance policy without a physical exam holds appeal for many.

Pros of Life Insurance with No Physical

Convenience is a significant advantage as the elimination of a physical check-up speeds up the application process – a boon for those needing insurance promptly.

Further, the guaranteed approval feature in some of these policies means age or health status won't impede one's ability to acquire coverage. This comes as a lifesaver for older individuals or those with pre-existing health concerns often denied insurance coverage for standard policies.

The simplicity of application and approval fosters peace of mind, knowing one's final expenses, like burial or funeral costs, will be handled, without burdening family members. Additionally, many opt for this approach to leave behind a small financial legacy for their loved ones.

Cons of Life Insurance with No Physical

Nonetheless, it's imperative to consider premium costs. These policies tend to be more expensive due to the higher risk the insurer takes on without the full health disclosure of the insured.

Ultimately, whether a $25,000 life insurance policy without a physical is right for you heavily depends on your personal circumstances - your health, age, budget, and need for convenience or speedy approval. By comparing multiple insurance plan options and considering your specific needs, you can make a decision that best suits your situation.

Acquiring a no-physical life insurance policy is an important decision to make. It is critical to ensure you’re getting your policy from a safe, secure, and strong insurance company. It is equally essential to compare policy offerings, premiums, and understand the terms of the policy before signing up.

The beauty of $25,000 life insurance plans without a physical is the way they level the playing field, offering protection to those who, due to health issues, may otherwise be tagged 'Uninsurable'. With such a policy, you can plan ahead and take care of those you care about in the event of the unexpected.

Make sure to get a free quote for coverage. Compare these quotes, and don't let price be your only deciding factor. Weigh the benefits each policy offers, taking into account your individual health, financial, and personal circumstances.

Summary

In conclusion, a $25,000 life insurance policy without a physical exam may be the right choice for you if you value speed, convenience, and guaranteed acceptance (depending on the type of plan) over a lower premium.

The peace of mind in knowing you've secured a financial fallback for your family, irrespective of your current health, makes considering these policies worthwhile. Remember to do your research, compare options, and make an informed decision that's right for you and your loved ones.

Simplified Issue Term Life Insurance Quotes

Top Pick – Globe Life Insurance

Get FREE Information On How $1* Can Buy Up To $100,000 Globe Life Insurance For Adults Or Children

• No Medical Exam – Simple Application.
• No Waiting Period. Buy Direct.
• Rates As Low As $3.49 Per Month.
• The Globe Life Family Of Companies Has Nearly 17 Million Policies In Force.
• No Phone Required. No Credit Required.
• The Globe Life Family Of Companies Has Over $224 Billion Of Coverage In Force.
• Globe Life Is Rated A (Excellent) By A.M. Best Company As Of August 2023.

Guaranteed Issue Life Insurance Quotes

Top Pick – Mutual of Omaha

Mutual of Omaha offers guaranteed acceptance whole life insurance for people ages 45 to 85. Choose $2,000 up to $25,000 of coverage. Rates start as low as $8.84 per month. There’s no medical exam and no health questions. You cannot be turned down. You can get a quote and apply online now. Start Here to get a FREE Quote. 

• Your life insurance policy comes with a 30 day Risk-Free, Money-Back Guarantee

$25,000 Life Insurance without Physical