Say Goodbye To Medical Exams!
No one wants to wait 6-8 weeks for underwriting med results to come in. Even worse, if you have a preexisting condition or health impairments, the odds of getting an approval are unlikely. That's why with non-med policies, your chances in qualifying for an instant approval are better, speedy, and more convenient!
Learn More And Book A Free Consultation Call With Ian Warkol Today!
Struggling To Find Simple Life Insurance? Got Turned Down Multiple Times Due To Poor Health?
You’re NOT out of luck! Ian's got your back! With his extensive, well-rounded background in health conditions, you can still be eligible for life insurance! Ian will make this process convenient, fast, and the best part with:
NO NEEDLES!
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What Is Non-Med Vs. Fully Underwritten?
A non-medical insurance plan is simply one that doesn’t require a blood draw and a medical exam. The application process is typically more straightforward and less cumbersome with a quicker turnaround time.
Generally, these kinds of policies have lower coverage than standard fully underwritten plans. However, there are some non-med companies offering $400K or even more of coverage. Please note, this kind of coverage is strictly based on your age and health.
A fully underwritten policy is one which requires a comprehensive health screening, which is paid for by the life carrier. A nurse will typically meet you at your residence or business to take your blood, urine sample, height and weight, and ask general health questions.
Prior to the appointment, you would need to:
- Fast for 8-12 hours
- Avoid strenuous exercise and alcohol
- Drink plenty of water
- Get ample sleep
As you can see, preparing for the nurse visit can be a time-burden for some. This is especially true if you work full time while raising/taking care of a family.
Additionally, the underwriting decision-making process is more stringent with an average waiting period of 6-8 weeks. The reason is because the underwriter orders on average 5 years worth of health history and performs a more thorough risk assessment. Every marker is checked and evaluated for on your lab report and records.
The upside though is the coverage limits are generally higher vs. a non-medical policy.
Why Does Non-Medical Coverage Stand Out From A Fully Underwritten Plan?
Given that we live in a fast-paced, busy-oriented world, the majority of Ian's clients prefer non-med simply due to the following reasons:
- Preexisting Health Condition – if you got declined before due to a major health issue such as type 1 and 2 diabetes, recent cancer, etc. there’s a higher chance you will get accepted for a non-med policy.
- No Blood Draw – no one likes invasive needles or the hassle of getting blood work done. The upside with a non-med plan is you don’t have to worry about these roadblocks to start the qualification process.
- Convenience – most people nowadays prefer things fast and easy. Since non-meds by default are hassle-free, they’re a top convenient choice for most consumers. In fact, according to a LIMRA 2021 study, almost 48% of Americans are more likely to purchase life insurance through a simplified process.
- Faster Turnaround Approval – traditional life policies require a full medical exam, which can be very tedious with a long waiting period. To receive a final underwriting decision, the process can take anywhere between 6-8 weeks, sometimes even longer. That’s why the advantage of a no-medical exam plan is that the process is more convenient, simple, and efficient. You can receive a potential approval in less than 1 week.
What Do No Exam Life Carriers Check?
When applying for any life coverage, always be truthful with your health history when speaking to an agent. The reason is all life carriers perform their due diligence to better manage risk and avoid possible fraud.
This entails the below verification checks to ensure accurate information is being reported by the insured:
Motor Vehicle Report (MVR)
The underwriter checks this report to evaluate your driver’s license history. This includes current or past DUIs, suspensions, tickets, and recklessness.
Pharmacy Drug Report
A pharmacy record is triggered every time a prescription is made from your primary care physician. It will show all the drugs you’ve taken, dosages, and frequencies to give the underwriter a better assessment of your overall health.
Medical Information Bureau (MIB)
This is a master repository containing general information about your medical history, conditions, health diagnosis, treatment types, and details of previous life insurance applications. You can think of it as a credit bureau for life insurance companies to prevent fraud, errors, and omissions.
Ian's Top Four Non-Med Carriers
Type | Aetna CVS | Transamerica | Mutual Of Omaha | Foresters |
|---|---|---|---|---|
Logo |  |  |  |  |
Strengths |
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Max Coverage |
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Brochures | ||||
Financial Ratings | A A.M. Best Score (strong, stable, and healthy) | A A.M. Best Score (strong, stable, and healthy) | A+ A.M. Best Score (very strong, stable, and healthy) | A A.M. Best Score (strong, stable, and healthy) |
Years In Business | Over 160 Years | Over 115 Years | Over 100 Years | Over 140 Years |
Type | Aetna CVS | Transamerica |
|---|---|---|
Logo |  |  |
Strengths |
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Max Coverage |
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Brochures | ||
Financial Ratings | A A.M. Best Score (strong, stable, and healthy) | A A.M. Best Score (strong, stable, and healthy) |
Years In Business | Over 160 Years | Over 115 Years |
Type | Mutual Of Omaha | Foresters |
|---|---|---|
Logo |  |  |
Strengths |
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Max Coverage |
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Brochures | ||
Financial Ratings | A+ A.M. Best Score (very strong, stable, and healthy) | A A.M. Best Score (strong, stable, and healthy) |
Years In Business | Over 100 Years | Over 140 Years |
Type | Aetna CVS |
|---|---|
Logo |  |
Strengths |
|
Max Coverage |
|
Brochures | |
Financial Ratings | A A.M. Best Score (strong, stable, and healthy) |
Years In Business | Over 160 Years |
Type | Transamerica |
|---|---|
Logo |  |
Strengths |
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Max Coverage |
|
Brochures | |
Financial Ratings | A A.M. Best Score (strong, stable, and healthy) |
Years In Business | Over 115 Years |
Type | Mutual Of Omaha |
|---|---|
Logo |  |
Strengths |
|
Max Coverage |
|
Brochures | |
Financial Ratings | A+ A.M. Best Score (very strong, stable, and healthy) |
Years In Business | Over 100 Years |
Type | Foresters |
|---|---|
Logo |  |
Strengths |
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Max Coverage |
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Brochures | |
Financial Ratings | A A.M. Best Score (strong, stable, and healthy) |
Years In Business | Over 140 Years |
Obtain A Free Non-Medical Quote Today!
It’s important to note, if you can’t qualify for one of these four companies, you won't be left hanging in the dark. Ian is licensed with 25 other companies where he can properly match you with the right coverage and plan based on your health history.