ife insurance rates often vary significantly because of the metrics employed by each service provider to determine risks. Different companies use different rating calculations, age, career, family health history, overall health, location and marital status. These factors determine the cost of insurance. Although most of the service providers require a medical examination before underwriting policies, those without serious medical conditions can purchase the no-medical exam insurance. This type of policy is considered good by most of the people who are looking for insurance for the following reasons:
· Guaranteed acceptance
The no-medical exam policy is good news for people looking for insurance because it offers a guaranteed acceptance. Whether you are healthy or sick your application will be accepted. This is particularly good for people who have recently been diagnosed with a chronic illness and have been denied the traditional insurance policies. It is also good for people who lack the time to undergo a medical check. However, some companies may require you to answer to some basic questions on health. Make sure to respond honestly – failure to respond honestly can lead to a situation where claims are dishonored.Perhaps this is the bad news you need to convince you to quit smoking. But why wait? Only you can make that final decision. Only you can build the will necessary to quit smoking. More details please visit:-https://pirateflaggear.com/
· Easy and quick
Insurance with no-medical examination can be purchased and put into effect within 24 hours. While the traditional insurance policies take 1 to 2 months to qualify an applicant and to place into force. A fully underwritten application demands lab work and medical records- with such a process taking time. A medical exam can take anywhere between 30 minutes and an hour. The insurer arranges for a medical doctor to you. During the examination, the professional will consider your medical history. In addition, they will measure/test your blood, pulse, blood pressure, urine, height &weight and ECG/EKG (if necessary). Therefore, if you are looking for an opportunity to quickly receive protection, you can consider purchasing the no-medical exam policy.
The no-medical exam policies assume the applicant to have a health that is below average and therefore, consumers are likely to pay more for their products. The rates are higher because the insured is considered risky. Therefore, for those who are in good health and are not in a big rush to get insurance, they should consider the underwritten products, which require medical exams. Nevertheless, to get affordable rates it is advisable to consider shopping for insurance. You are borne to find a leading company that offers competitive rates.