When you applied for a few 100 thousand dollars worth of term life insurance, you used to need to have an insurance physical. Sometimes you got specially trained medics or “parameds”, and sometimes you needed to go to a doctor for a full physical. However, in this competitive market, many life insurance companies offer large amounts of term life insurance with no medical exam! These are fairly large policies, and some insurers even go up to $400,000!

You can save time and protect your policy with a simple issue policy like this. Now older people, over 50, may have a bit tougher time finding very large face value policies without a physical, though they can still get smaller simple issue policies. If you are in your 50’s to 85, or if you care for somebody who is, look at life insurance for older people. Another resource for seniors life insurance is final expense for senior citizens.

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