The 5 types of no medical exam term life insurance

No medical exam term life insurance is a widely popular life insurance option. It offers more convenience than a regular term policy, and the price difference is usually minimal.
Author: Brian Greenberg CEO of True Blue Life Insurance
Last updated: July 6, 2021
Policy type comparison chart
Type of No Exam PolicyTime to ApprovalHealth Types EligiblePercent of Population That QualifiesCoverage AmountsPrice
Accelerated2 – 21 daysExcellent5%$100,000 – $1,000,000Best
Simplified IssueInstant – 30 daysExcellent to average60%$25,000 – $1,000,000Good
Express IssueInstant – 10 daysAverage to below average85%$25,000 – $400,000Average
Instant/Rapid Issue (online application)Instant – 4 daysExcellent to below average50%$25,000 – $1,000,000Good
GroupInstantAny99%$10,000 – $50,000OK

1. Accelerated Acceptance Policies

These are the most competitively priced no exam policies in the market. With this type of policy, the application paperwork is so clean that the company sees no need to invest in a medical exam.

For healthy people, this is the best option. Only a select group of companies offers accelerated underwriting options.