Life Insurance With No Medical Examination

You cannot get guaranteed acceptance life insurance with no waiting period.

Guaranteed issue life insurance features no medical exam or health questions. However, the policies always contain a graded benefits feature, which delays the start date for up to two years.

Simplified issue life insurance features no medical examination and no waiting period. However, you must answer no to a series of health questions in order to qualify. Otherwise, the company will decline your application.

Weigh the pros and cons of each policy type. Then, decide which route you want to take to fund final expenses or provide a small death benefit for your beneficiaries.

What is Guaranteed Acceptance Life Insurance?

Guaranteed acceptance life insurance has no medical exams or health questions. The company must issue the coverage without any underwriting – no matter how poor your condition may be. However, the coverage involves a waiting period.

Typically, it costs much more for a much smaller death benefit ($25,000 maximum) in order to gain this assurance. In other words, it makes sense for seniors with no other options who need to pay for final expenses.

These guaranteed issue policies take the form of whole life insurance, which is permanent coverage with cash value accumulation features. Request an online quote here to compare pricing if this option meets your needs.

No Questions or Exams

Guaranteed acceptance life insurance is a policy that senior citizens can buy online without having to answer detailed health questions or take an intrusive medical examination. All that you need to do is meet the age qualifications (frequently between 50 and 80) and pay the premiums on time.

People below the age of 50 or 40 cannot get guarantee issue coverage online. However, younger adults often can enroll in a group program at work that offers lower premiums, higher face amounts, and no waiting period. Think safety in numbers.

No Health Questions

Guaranteed acceptance life insurance does not ask any health questions that might point to premature death. This option appeals to seniors with known illnesses that stop them from buying other coverage. Taking out a policy without health questions could make sense if your history fits any of these categories.

  • Cancer patients – even stage 4
  • Brittle diabetics Hepatitis B carriers
  • Drug addicts
  • HIV AIDS sufferers
  • Kidney transplant recipients
  • Ulcerative colitis patients

No Medical Exam

Guaranteed issue life insurance does not require a medical examination that might detect health problems that you may be unaware of yet. Or, you know about these conditions but have yet to seek treatment that establishes a record.

Taking out a policy without a medical exam could make sense if you suspect that one of these tests could reveal something that points to premature death.

Blood Samples[1]Stool Samples[2]
High cholesterolParasites
Kidney functionColon cancer
Liver functionInflammatory bowel disease
Oxygen infusionGastroenteritis

Graded Benefits

Guaranteed issue life insurance contains a graded death benefit limitation. A graded death benefit means that the company will refund a portion of your premiums with interest rather than paying 100% of the face amount. This often applies if you die within the first two years the policy is in force – with certain exceptions.

  • Accidental death triggers payment of the full death benefit
  • Suicide occurring during the first two years triggers a premium refund

The policy pays the full death benefit amount to your beneficiaries if you die for any reason after the graded period ends. Many prospective buyers refer to graded death benefit as a partial waiting period.

Final Expenses

People most frequently buy guaranteed acceptance life insurance to cover final expenses. However, your beneficiaries can use the proceeds as they wish. The final expenses when you pass away could include medical bills and funeral home costs.

The National Funeral Directors Association estimates the median costs. These typical internment charges fall below the maximum face amount limits for this policy type.[3]

  • Funeral with viewing and burial: $7,360
  • Funeral with viewing and cremation: $6,260

Seniors concerned about leaving their loved ones with funeral costs find that a final expense policy makes sense. Seniors can purchase guaranteed issue life insurance with no health questions or medical exam to fund these future charges.

What is Simplified Issue Life Insurance?

Simplified issue life insurance uses a streamlined underwriting process to review applications. People can get coverage without a medical examination or a waiting period before the policy might pay the death benefit. However, the company can decline your application based on your answers to health questions.

Simplified issue fits in between guaranteed acceptance policies and those with full underwriting.


No Medical Exam

Simplified issue life insurance does not require a medical exam provided you choose a face amount suited to your age. Each company has different underwriting rules. However, you may find that many companies follow a chart similar to the one below.

Age< $50K< $100K> $101K
18–40NoNoBlood, Urine
41-50NoNoBlood, Urine
51-60NoNoFull Exam
61-75NoNoFull Exam

In other words, the company will take smaller risks without the extra information provided by a medical examination. Keep the face amount below these thresholds to avoid giving blood or urine samples or taking an EKG.

As you can see, people of all ages can buy simplified issue policies – not just seniors. In addition, you have the flexibility to choose other types of coverage and purchase channels. You are not confined to whole coverage or enrolling at work. You can buy term or universal coverage online.

No Waiting Periods

Simplified issue life insurance comes without waiting periods before the company will pay the death benefit. There is no graded death benefit limitation as with a guaranteed issue policy. The coverage begins immediately after the effective date.

However, there will be a suicide contestability period lasting from one to two years. This is a common feature. You cannot avoid it when shopping around for new coverage.

You face the risk of a declination when applying for a new policy with no waiting period. The company has no interest in paying out a large claim when a person dies shortly after the coverage starts. Therefore, expect to encounter a series of questions to weed out people who fit this profile.

Answer Health Questions

Simplified issue life insurance will require that you answer health questions on its new policy application. The company must weed out people likely to pass away very soon in order to offer immediate coverage.

Therefore, expect a declination if you answer yes to any health questions like these.

  • Are you currently confined to a hospital, long-term care, or hospice facility?
  • Have you been diagnosed with HIV or AIDS?
  • Are you an organ donor recipient of on a waiting list?
  • Have you been treated for a major health condition in the last 12 months?
    • Heart attack
    • Stroke
    • Circulatory surgery
  • Do you have plans for foreign travel?
  • Has your driver license been revoked or suspended?
  • Have you been arrested or convicted for a felony or misdemeanor?
  • Do you intend to fly as a pilot, student pilot, or crewmember?
  • Do you intend to engage in any dangerous avocations?
    • Car racing
    • Motorcycle racing
    • Hang gliding
    • Scuba diving
  • Have you had an application for insurance declined or modified?

Every company has a different list of health-related questions. Therefore, it pays to work with a broker with connections to many companies. They can match your profile to find the company with the highest approval odds – given your history. Remember, each declination hurts your chances for approval – as many will ask this question (as noted above).

Footnoted Sources:

[1] Blood Tests

[2] Stool Samples

[3] NFDA