(PRWEB) December 17, 2013
No physical exam life insurance offers many coverage opportunities for seniors and for people who suffer of a pre-existing medical condition. It offers a simplified underwriting process which guarantees higher chances of eligibility for many potential customers. Although no medical exam life insurance may seem as a plan with a limited market target, it can be advantageous for anyone.
For seniors, getting life insurance is not easy. Traditional plans require the applicant to go through tedious medical tests which take up a lot of his or her time. The details of the medical examinations can also harm the eligibility chances of a senior. Furthermore, many agencies do not sell life insurance plans to seniors older than 65 years. But by applying for a no medical exam life insurance plan, seniors can get life coverage simply by completing the application form. Some policies, like final expense insurance only ask 4 questions.
No medical exam life insurance plans are the fastest way to get life coverage. A policy is issued in less than 24 hours and since it does not require medical examinations, applicants can go through the underwriting process in just a few minutes. The downside is that many plans have a graded benefit, This means that the policy will not pay any insurance proceedings if the insured dies in less than 2 years after signing the policy. The beneficiaries will only receive the full amount paid in premiums over the duration of the plan.
“Life insurance without medical examinations can save people time and it can offer much needed protection for seniors. Online Insurance Marketplace can help people find quotes for no medical exam plans!” said Russell Rabichev, Marketing Director of Internet Marketing Company.
Online Insurance Marketplace is an online provider of life, home, health, and auto insurance quotes. It is unique in that this website does not simply stick to one kind of insurance carrier, but brings the clients the best deals from many different online insurance carriers. This way, clients have offers from multiple carriers all in one place, this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.
For more information, please visit http://noexamlifeinsurance.us.