Life Insurance with No Medical Exam

With the spread of COVID-19, social distancing has been encouraged and even mandated in states across the country. As such, there may be concerns about completing a physical exam to obtain life insurance. Hence, we want to make sure you are aware of the possibility of getting a life insurance policy without an exam requirement. The following is a list of companies that offer the potential of an exam-free life insurance application process for benefit amounts of $500,000 or more, along with the age ranges and maximum insurance amounts for which these options are available. Most of these companies still reserve the right to require an exam based on a review of answers to a telephone interview or online health questionnaire (SBLI is an exception and guarantees no exam), but if you don’t have current health concerns or a significant health history, our experience is that you will likely be able to obtain a policy with these companies without having to complete an exam.

American National
Ages 18-50: up to $1,000,000
Ages 51-60: up to $500,000

Ameritas
Ages 18-60: up to $1,000,000 (Not available in NY)

Assurity
Ages 18-50: up to $500,000
Ages 51-65: up to $350,000

Foresters
Ages 18-55: up to $400,000
Ages 56+: up to $150,000

John Hancock
Ages 18-60: up to $3,000,000

Guardian
Ages 18-45: no amount limits (until July 1, 2020)

Legal & General/Banner Life
Ages 20-40: up to $1,000,000
Ages 41-45: up to $750,000
Ages 46-50: up to $500,000
For term lengths of 15 – 40 years

Lincoln National
Ages 18-60: up to $1,000,000

National Life
Ages 18-60: up to $2,000,000

Nationwide
Ages 18-49: up to $2,000,000
Ages 50-60: up to $1,000,000

North American
Ages 18-50: up to $1,000,000
Ages 51-60: up to $500,000

Ohio National
Ages 18-50: up to $1,000,000

Pacific Life
Ages 50-69: up to $1,000,000 (Medical Records Required)

Penn Mutual
Ages 20-65: up to $5,000,000

Principal
Ages 18-40: up to $2,500,000
Ages 41-60: up to $2,000,000

Protective Life
Ages 18-45: up to $1,000,000
Ages 46-60: up to $500,000

Prudential
Ages 18-60: up to $3,000,000

Sagicor
Ages 18-45: up to $1,000,000
Ages 46-55: up to $750,000
Ages 56-65: up to $500,000 (no 20-year term)

SBLI (Guarantee of no exam requirement)
Ages 18-60: up to $500,000

Securian/Minnesota Life
Ages 18-50: up to $3,000,000
Ages 51-60: up to $1,000,000

Symetra
Ages 18-50: up to $2,000,000
Ages 51-60: up to $1,000,000

Thrivent Financial
Ages 18-60: up to $1,000,000

Transamerica
Ages 0-55: up to $2,000,000

United of Omaha
Ages 18-55: up to $2,000,000

 
This information does not constitute an official underwriting statement and these guidelines are subject to change. We will continue to update this list as new information becomes available. For more information about any of these companies and their underwriting guidelines, please contact us.