You can get life insurance quotes no medical exam easily online. The types of policies that will be available to you might not be the best coverage though. I'm sure you've seen those ads on television for different companies that offer life insurance with no medical exam. Colonial Penn is one that comes to mind, but there are others too. The truth of the matter is that, yes, you can get coverage by purchasing one of these types of policies, but they're not as cheap as they claim to be and the type of coverage you'll receive is not Whole Life or Term, but, in most cases, an "Accidental Death" policy.
Accidental Death insurance is designed to provide payment to your beneficiary in the event that you are killed accidently. This makes sense, right? So if you are in an auto accident, fall down the stairs, etc, then you'd be insured. What these policies do not cover is death by common illness. This means that if you have a heart attack, stroke, etc that you will not have any coverage at all. There are also some companies that will sell you insurance as a "Whole Life" policy, but if you read the exclusions portion of the policy you'll find that you're only covered for accidental death for the first 24-36 (depending on the policy) months. This means that if you buy one of these policies and pass away from natural causes one year afterward, you are not covered.
Another thing you should be aware of is that many of these companies that offer life insurance quotes no medical exam sell the insurance in "blocks". These may be blocks of $3,000, $5,000,$7,000,$10,000 and so on. They'll tell you on the television that it only costs you your loose change every day to start up. Well, this may be true, if you only need a $3,000 policy, however, the costs of a funeral can easily reach $10,000 or more, depending upon where you live so, in reality, you'd need to buy a $10,000 policy at minimum and this should easily cost three times as much.
The bottom line here is that if you're in search of life insurance quotes no medical exam you likely have a condition that you believe will keep you from being approved for tradition Whole Life or Term insurance. Well, unless you're terminal I can tell you that an illness does not automatically mean that you'll be denied. This will depend upon the company you get the quote from and the insurance underwriter. So don't give up yet.
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