No medical exam life insurance is not a type of policy; instead, it refers to the underwriting of the policy. You can get no medical exam life insurance coverage for term life, whole life, and final expense policies and, thanks to technological advancements, some companies can offer coverage with rates similar to traditionally issued life insurance.
The best no medical exam life insurance policies are affordable and easy to apply for. We researched over two dozen life insurers in the U.S. to find the ones that offer no medical exam life insurance policies. We then compared their pricing, application process, underwriting requirements, waiting periods, coverage choice, and company reputation to find the best options for you.
The 6 Best No Medical Exam Life Insurance Providers of 2021
Best Overall : Haven Life
Haven is our top overall pick for a life insurance policy with no medical exam required. Haven offers straightforward life insurance plans with instant-issue policy options and an easy online application process.
Accelerated death benefits
Easy online application and paperless processing
Only available to customers 65 and under, 55 and under for instant issue
Not available in some states
As of July 1, 2021, Haven Life's policies are being underwritten by C.M. Life, a subsidiary of MassMutual, a top-ranked life insurer established in 1851. MassMutual has an AM Best rating of A++ (Superior) and is the third-largest writer of individual life insurance in the U.S. Although Haven Life is fairly new, its partnership with MassMutual solidifies its strength and reliability.
Haven Life is our top pick for best no medical life insurance because of the instant-issue policy options and ease of use in applying for coverage online. Their no medical exam policies offer the same benefits of a medically underwritten policy due to their advanced underwriting system, giving you an advantage in pricing over other no medical exam options.
Haven Life's no medical exam policy is called Haven Simple. It is a term life policy with 5, 10, 15, or 20 year terms. Coverage ranges from $25,000 to $500,000. The policy is available to 20-55 year-old. It is not available in CA, DE, SD, ND, and NY. Haven Simple comes with the following additional features: level premiums, accelerated death benefit, paperless processing, no obligation free-look period, and credit card payments are accepted.
Haven Simple never requires a medical exam. However, you could save money by purchasing their other product that does require an exam depending on your health situation. The life insurance policies are individual-issue only.
You can easily get a quote online. Pricing will vary on a number of factors such as age, gender, state, tobacco use, and more.
Read the full Haven Life review.
Runner-Up, Best Overall : Mutual of Omaha
We chose Mutual of Omaha as our overall runner-up for no medical exam life insurance. Mutual Omaha offers flexible policies that are available even to people of advanced ages.
Mutual Perks program
Good for senior citizens
Limited whole life insurance options
Founded in 1909, Mutual of Omaha is known for its guaranteed-issue whole life and simplified issue term life policy options. The company ranked fifth for overall individual life insurance customer satisfaction in the J.D. Power 2020 U.S. Life Insurance Study. The company has a very low incidence of complaints for individual life insurance with the National Association of Insurance Commissioners (NAIC), but the company overall has a slightly above average incidence of complaints. Their financial strength rating by AM Best is A+ (Superior).
Mutual of Omaha is our runner-up for best overall no medical exam life insurance provider due to its solid reputation and for providing both permanent and term life no medical policies, some of which include valuable riders at no additional charge. Guaranteed issue whole life is restricted to those 45-85 years old, but term life policies may be available to those aged 18-80.
Mutual of Omaha offers three no medical exam life insurance policies: the Guaranteed-Issue Whole Life policy, the Term Life Express policy, and the Children’s Whole Life policy. Which policy you select will be based on factors like your age, where you live, the payout terms you’d like, how long of a term you’d prefer, and whether or not you want any policy riders.
Prices for life insurance varies with a number of factors including, tobacco use, age, state, and more. You can get quotes on Mutual of Omaha's website or contact an agent. To get the most accurate quote on the policy you want, you should speak with an agent. The website does not specify the type of term coverage being quoted.
Read the full Mutual of Omaha review.
Best for No Waiting Period : Transamerica
If you’re looking for a life insurance policy without a waiting period, then Transamerica is a great option. The company offers plans that will pay the full death benefit without a waiting period.
No waiting period
Level premium guarantees
No online application
Transamerica was founded in 1904 and is the eighth-largest individual life insurer in the U.S. with an AM Best financial strength rating of A (Excellent).
Transamerica is our pick as the best no medical exam life insurance company for no waiting period because two of their no medical exam policies will pay the full death benefit without a waiting period or graded death benefit. They also offer the possibility of both whole life and term insurance without medical exams for qualifying individuals and a good selection of living benefit options to add to their policies, some of which are free.
In addition to the possibility of not needing an exam for some term and whole life policies, Transamerica offers three final expense insurance products with no exam: Immediate Solution, 10-Pay Solution, and Easy Solution. They have no waiting period, no exams or labs, and no increase in the premiums as you age. The final expense policies have accelerated death benefit riders and nursing home benefits as well. You can also cover additional insureds like children or grandchildren.
Transamerica only offers online quotes for final expense policies. You must speak with an agent to buy their policies.
Read the full Transamerica Life Insurance review.
Best for Seniors : New York Life AARP
We chose New York Life AARP as the best no medical exam life insurance plan for seniors. The plan is available to older customers up to age 80.
Available to seniors
Guaranteed acceptable policies available
Low maximum coverage limit
Must be an AARP member
Founded in 1845, New York Life is one of the highest-ranking insurers in our 2020 life insurance reviews and they have an AM Best Rating of A++ (Superior) and very low levels of complaints with the NAIC. In recent customer satisfaction surveys, the company scores better than most other life insurers.
We chose New York Life as the best no medical exam life insurance for seniors due to its excellent reputation and the fact that the company offers three different life insurance options to AARP members with no medical exam.
The three plans offered by New York Life are Level Benefit Term Life, Permanent Life Insurance, and Easy Acceptance. Which one you select depends on your age, the coverage you need, the premium you can afford to pay, and how much of a benefit you prefer. The Level Benefit Term and Permanent policies do have health questions you must answer to qualify. The Easy Acceptance policy only has one yes-or-no question to qualify.
You can also purchase a policy to insure a young child or grandchild (up to 17 years old) with a permanent life policy and no medical exam.
You can get an online quote whether you’re an AARP member or not. Coverage is available to AARP members ages 50 to 74 and their spouses/partners ages 45 to 74 for term life. Term life coverage can be held up until age 80. Permanent life policies, including guaranteed issue, are issued to people as old as 80 and can be held for life. If you are not a member, the $16 membership cost is added to the price of your policy.
Higher coverage options may also be available by calling an agent at New York Life.
Read the full New York Life AARP Life Insurance review.
Best Instant Issue With Perks : John Hancock
John Hancock is a great option if you’re looking for an instant issue life insurance policy with plenty of perks. The insurer offers a simple underwriting policy and benefits for healthy lifestyle choices.
Health-related benefits programs
Good for smokers and people with diabetes
No option to convert term to permanent
John Hancock was founded in 1862 and offers term and universal life insurance, including a few options for no medical exam life insurance. The company has an AM Best rating of A+ (Superior). It is the seventh-largest writer of individual life insurance in the U.S. and has a very low level of complaints year after year.
We chose John Hancock as the best instant issue no medical exam life insurance provider because they offer both a simplified underwriting policy that allows instant issuance online with the health-related perks and benefits of the Vitality program and specialized plans for smokers and diabetics.
John Hancock offers at least one no medical exam life insurance policies. Simple Term with Vitality is a simplified underwriting instant issue policy with coverage available for those ages 20 through 60. The policy offers varying terms from 10 to 30 years depending on your age, and you can have an instant decision on your application. Coverage is issued online for amounts from $25,000 to $500,000.
In addition to the no medical exam life insurance policies, John Hancock is the only insurance company of the ones we reviewed that offers discounts and rewards for a healthy lifestyle and physical activity. For example, through the Vitality program, the company offers a quit-smoking incentive program that allows you to pay non-smoker rates on some of their policies for up to three years.
You can get online quotes for term life insurance from John Hancock. You also have an option to talk with one of their advisors.
Read the full John Hancock Life Insurance review.
Best for Accelerated Underwriting : Lincoln Financial
Lincoln Financial is our top pick for a life insurance policy with accelerated underwriting. This means that a policy from Lincoln is available even more quickly than policies from other providers.
Simplified underwriting available for those age 60 and younger
Insurance options for people with health issues
No whole life insurance options
No online application
In business since 1905, Lincoln Financial Group underwrites life insurance through the Lincoln National Life Insurance Company and Lincoln Life and Annuity Company of New York. The company has an AM Best financial strength rating of A+ (Superior). It has an excellent reputation and the lowest levels of complaints we have seen for a life insurer.
We chose Lincoln Financial Group as the best no medical exam life insurance for accelerated underwriting due to their low levels of complaints and their ability to provide a lab-free process for healthy individuals. Additionally, they have insurance options for people with certain health conditions (with exam or labs).
Lincoln Financial Group provides term life, universal life, and variable universal life insurance products as well as underwriting advantages for certain medical conditions. Although you can expect an online or telephone interview to provide your medical history, for healthy people ages 18 to 60 there is a possibility of having lab-free consideration, which means Lincoln Financial will waive the lab work if you pass the initial interview.
The two term plans offered by Lincoln Financial Group are the Lincoln Term Accel Level Term Plan and the Lincoln LifeElements Level Term Plan. The former is best for those ages 60 or younger and coverage is between $100,000 to $1 million. The latter offers coverage with a minimum amount of $250,000. The maximum is subject to individual consideration.
Term Accel coverage is available for 10-,15-, and 20-year terms for those ages 18 through 60 years old. A 30-year term is available up to age 55 for non-smokers (50 for smokers). LifeElements has the same restrictions for a 30-year term, but issues to higher ages for 10-, 15-, and 20-year terms. The policies offer accelerated death benefit riders, children’s level term riders, and a waiver of premium rider, and the policies also have conversion options.
Read the full Lincoln Financial Life Insurance review.
While life insurance is a smart way to protect your assets and provide for your family, policies that come with a required medical exam can be a major hassle. If you have any health issues, a medical exam may even raise your premiums and make policies even more expensive. Luckily, there are plenty of options when it comes to life insurance that doesn’t require a medical exam. Haven Life is our top pick in this category.
Haven Life offers affordable life insurance policies without a required medical exam for customers up to 55 years of age. The company only offers term life insurance. Haven Life is owned by MassMutual, and features instant-issue policy options with an easy online application process.
Compare the Best No Medical Exam Life Insurance Providers
|Company||AM Best Rating||Coverage Capacity||Issue Ages||Policies Offered|
|Haven Life Best Overall||A++||$3,000,000 ($500,000 for Haven Simple)||Up to 65||Term life insurance|
|Mutual of Omaha Runner-Up, Best Overall||A+||$25,000 for guaranteed issue, millions for some other policies||Up to 85||Term life, children’s whole life, whole life, universal life, guaranteed issue|
|Transamerica Best for No Waiting Period||A||Not stated||Up to 85||Term life, whole life, universal life, indexed universal life, final expense|
|New York Life AARP Best for Seniors||A++||$100,000 for AARP plans, much higher for regular New York Life policies||Up to 80||Term life, whole life, universal life, variable universal life|
|John Hancock Best Instant Issue with Perks||A+||$65,000,000||Up to 90||Term life, universal life, variable universal life|
|Lincoln Financial Best for Accelerated Underwriting||A+||$1,000,000 and higher||Up to 80||Term life, universal life, variable universal life|
Frequently Asked Questions
What Is No Medical Exam Life Insurance?
No medical exam life insurance is a type of life insurance policy you can obtain without undergoing a medical exam. Although the most commonly known form of no medical life insurance is what’s known as guaranteed issue life insurance, other types of no medical life insurance use medical underwriting but do not require lab work or an exam including:
- Simplified issue
- Accelerated underwriting
- Algorithmic underwriting
Note that no medical exam life insurance does not refer to a type of insurance but rather the process by how the insurance company determines whether or not it will insure you (commonly known as underwriting). No medical exam life insurance underwrites the policy without requiring a doctor visit or lab work, but there might be medical questions asked, and policy issuance is not guaranteed.
During the COVID-19 pandemic, many insurers have opted to make applying for life insurance without a medical exam easier. According to LIMRA, more than 25% of U.S. life insurers have expanded their automated underwriting processes and approximately 30% have waived paramedical requirements.
What Does No Medical Exam Life Insurance Include?
Since there are various types of no medical exam life insurance, what is included in your policy will depend on the type of policy you purchase and the features each insurance company includes in the plan.
For instance, most permanent or whole life insurance options offer both a death benefit and cash values that you can borrow from over time. If you purchase a no medical exam term life insurance policy, there will not be any cash values, but you will have a death benefit for a set time (the term). And in addition to the basic life insurance coverage, some insurers offer insurance riders or perks to supplement the insurance plan.
Accelerated death benefit riders can include options to access the death benefit even while you’re still alive if you get a critical, terminal, or chronic illness. There are also many more optional riders available that can help you cover costs temporarily, such as sudden employment.
These riders are not standard among all insurers.
What Does No Medical Exam Life Insurance Cost?
No medical exam life insurance can be more expensive than traditional medically underwritten life insurance, especially in the case of guaranteed issue policies that use no medical underwriting. Life insurance with a medical exam has a lower cost because the insurance company has a more accurate picture of your health.
Fortunately, due to technological advances and the medical information available to life insurers when you authorize them to access your medical records, you can still get good rates on coverage with simplified, accelerated, or algorithmic underwriting that uses medical underwriting.
There are some significant advantages to choosing no medical exam life insurance over traditional-issue life insurance. One of those is the time it takes to underwrite and issue a policy. No medical exam policies that use simplified or accelerated underwriting are generally issued much faster than policies that use traditional medical underwriting, sometimes reducing the time from 45 to 60 days to immediate coverage.
Depending on whether the policy and insurer you choose uses medical underwriting as part of the process, you may even be able to get very similar pricing to traditional issue policies.
To choose the best no medical exam life insurance providers, we looked at over two dozen of the top life insurance companies and checked for how many options they offered for no medical exam life insurance. Rather than sticking to insurers who only offered guaranteed issue policies, we also looked for no medical exam options that were more affordable, provided simplified issue, instant issue, and accelerated or algorithmic underwriting.
Once we identified the companies offering no medical exam coverage options, we looked into company stability and financial strength through AM Best, the company complaints history with the National Association of Insurance Commissioners, consumer reviews, independent surveys such as the J.D. Power 2020 U.S. Life Insurance Study, and online customer reviews.
Our top choices showed the most stability and offered numerous policy options with varying coverage at affordable prices.