When you applying for life insurance usually you required to take a simple medical exam. If you don't wish to go through the inconvenience of medical tests or you want to get life insurance fast you can opt for a life insurance with no medical exam.
For comprehensive life insurance cover most companies in Australia do not offer life insurance without a medical exam. This is because a medical test validates a person's health condition and safeguards the interests of the insurance company. A typical medical examination involves:
These medical tests are designed to identify certain medical conditions which can affect the morbidity and mortality of the person buying the policy.
However, some people find such medical exams inconvenient and strongly dislike going through them. Such people have the option of buying a life insurance no medical exam policy instead.
A life insurance no medical exam policy has the following benefits:
A life insurance no medical exam policy has the following disadvantages:
Please contact us on 1300 793 143 or fill out the form on this page and our consultants will be able to compare 12 life insurance companies to see if you are eligible for a no medical exam life insurance policy.2