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Mutual of Omaha: Mutual of Omaha offers guaranteed issue whole life insurance that does not require a medical exam or health questions. This type of policy is particularly geared towards covering ...
Health status: While no medical exam is required, insurers may still ask health-related questions and check medical records. Generally, healthier individuals are more likely to qualify.
Unlike other options, guaranteed life insurance, a form of whole life insurance, bypasses the need for a medical exam for approval. Guaranteed life insurance offers a number of unique characteristics.
Term life insurance: Term life insurance is generally the cheapest kind of life insurance. It provides coverage over a specific term period, usually between 10 and 30 years.
This type of permanent life insurance provides a small death benefit — usually no more than $25,000 — and generally doesn’t require a medical exam for approval.
It lets you turn part or all of your term coverage into a permanent policy, like whole life or universal life insurance, without having to go through another medical exam. That means any changes ...
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