Posted on Saturday, 14th August 2010 by
Term life insurance with no medical, physical, questions, health test or exam. Because of the ease and convenience of the thing people are choosing to buy their life insurance without having to do any medical exam or test. They just need to answer a few health questions online.
Let me give you a little history on non medical life insurance. Life insurance companies have always sold policies to younger people without the necessary physical exam. They did this because it suited them. They have always known that it is very unlikely for a young person to die too soon.
The actuaries know precisely how many people of a given age are going to die each year.