For those who are in less than perfect physical health, it can be difficult to find good term life insurance. Life insurance companies can reject a potential customer based on any information they receive from the mandatory examination. Fortunately, there is a solution to this vexing conundrum, and it comes in the form of term life no medical plans from American Life Insurance. These are plans that offer life insurance no medical exam necessary.

If there are term life no medical policies, why would one choose to get a policy that requires an examination? Wouldn't it be easier for everyone to simply go with term life no medical policies and do away with policies that require an examination? The answer to this question is that while life insurance no medical exam required is a great option for many, the truth is that these term life no medical policies do have some restrictions built in.

One of the first and most significant restrictions in term life no medical policies is the age restriction. Most term life insurance companies will not allow anyone over the age of 65 to receive a term life insurance policy without at least a cursory medical examination. The risk of them having to pay out on the policy is quite simply too high. Another restriction on this type of policy is generally monetary. For example, most companies that offer term life no medical policies will have a coverage cap hovering around $150,000 or less. If you are looking for a multi-million dollar policy, you are more than likely going to have to go in for a medical examination.

The final big restriction when it comes to term life no medical policies has to do with term length. Most term life insurance is offered in either 10, 15, 20, or 30 year terms, but it is often the case that insurance companies will put a cap on policies that require no medical examination. Some of the better term life policies that do not require a medical examination, such as the ones we offer at American Life Insurance, will have term options of either 10 or 20 years. By industry standards, these are very generous term lengths, especially considering that we can grant approval for these policies almost instantaneously, giving you full coverage within 10 minutes.