A life insurance medical exam is a brief health screening required by many insurers as part of the underwriting process. It typically takes 20 to 30 minutes and is conducted by a licensed paramedical professional, often at your home or office at no cost to you. The results help the insurer assess your health and set your premium rate.
A standard paramedical exam typically involves:
For larger coverage amounts (often $1 million or more), the insurer may also require an EKG, a more detailed blood panel, or a review of your medical records from your personal physician.
Some insurers offer no-exam or simplified-issue policies that skip the medical exam in exchange for higher premiums or lower coverage limits. These products use health questionnaires, prescription drug databases, and electronic health records to evaluate risk.
The medical exam is nothing to stress about—it is a routine screening that helps you get the best possible rate. A little preparation goes a long way. If you have health concerns or want to explore no-exam options, a Truscott coverage review will point you toward the carriers and products best suited to your situation. Contact us to learn more.
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