Underwriting

Answers in the underwriting topic.

• Do I need a medical exam to buy life insurance?

  Not always. Many insurers offer no-medical-exam options — simplified issue (health questions but no exam) and guaranteed issue (no health questions, often for seniors, with limited coverage and a graded death benefit for the first couple of years, confirm). Fully underwritten policies that include a medical exam usually offer the lowest premiums and highest coverage, while no-exam policies are faster and easier to qualify for but generally cost more per dollar of coverage.