Yes, getting life insurance without a physical can be a very good way to get life insurance, especially if you do not fit in the very best health class due to weight or minor health conditions. People sometimes opt to take an exam because the price looks like it will be less. But then after taking the exam, they are rated higher and the price ends up being more than what a No Exam policy would have cost. No Exam life insurance makes getting life insurance much quicker and easier and less stressful.
In Canada, you can get life insurance without a physical exam. The points that Peggy raises are valid.
Canadians have a variety from which to choose: easy issue, simplified issue, guaranteed issue and non-medical life insurance. There are of course advantages and disadvantages to each. Which is "best" for you depends that is where a life insurance broker can help.
.JPG){kind=avatar}
Canadians have a variety from which to choose: easy issue, simplified issue, guaranteed issue and non-medical life insurance. There are of course advantages and disadvantages to each. Which is "best" for you depends that is where a life insurance broker can help.