Best No Medical Exam Life Insurance of June 2023
Our experts answer readers' insurance questions and write unbiased product reviews (here's how we assess insurance products). In some cases, we receive a commission from our partners; however, our opinions are our own.
Many of the best life insurance companies offer no-exam life insurance, which has the obvious appeal of skipping medical exams. But don't conflate no medical exam with no medical history.
Even the most liberal underwriters evaluate risk based on preexisting medical conditions and other known risk factors. So as an applicant, you might answer many of the same questions you would for a standard life insurance policy.
Best No Exam Life Insurance Policies of 2023
You just don't have to set aside time to check your blood pressure, cholesterol, and other health markers with a licensed medical professional. For older applicants, this could mean skipping more invasive tests like an EKG. We're here to clear up common misconceptions and help consumers find the best no medical exam life insurance options.
Compare No Exam Life Insurance Policies
Haven Life
3.87/5
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JD Power Customer Satisfaction Rating
780
AM Best Financial Strength Rating
A++
Haven Life
3.87/5
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JD Power Customer Satisfaction Rating
780
AM Best Financial Strength Rating
A++
compare policies and quotes with Haven Life
Haven Life
compare policies and quotes with Haven Life
Details
JD Power Customer Satisfaction Rating
780
AM Best Financial Strength Rating
A++
Pros & Cons
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Pros
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High coverage limits
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Policies are available without a medical exam
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Some plans offer digital health and wellness apps
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Policies are underwritten by MassMutual
Cons
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No whole life plans currently available
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Plans are only available to applicants 64 and under
Additional Reading
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AARP Life Insurance
4.12/5
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AARP Life Insurance
4.12/5
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AARP Life Insurance
compare policies and rates with Policygenius
Pros & Cons
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Pros
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No medical exams required
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Specialized life insurance coverage for older adults
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No medical exams required, guaranteed coverage available
Cons
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AARP membership is required for purchase
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Only small policies available
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Coverage may be based on medical questions and history
Additional Reading
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USAA Life Insurance
4.37/5
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JD Power Customer Satisfaction Rating
881
AM Best Financial Strength Rating
A++
USAA Life Insurance
4.37/5
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JD Power Customer Satisfaction Rating
881
AM Best Financial Strength Rating
A++
compare policies and rates with Policygenius
USAA Life Insurance
compare policies and rates with Policygenius
Details
JD Power Customer Satisfaction Rating
881
AM Best Financial Strength Rating
A++
Pros & Cons
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Pros
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Affordable pricing starting with $12/month on some policies
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May offer coverage to military members other companies won't cover
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Offers term and permanent life insurance options
Cons
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2 year waiting period for full benefits on some policies
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May focus on death benefits only more than other companies
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All permanent policies are underwritten and serviced by other companies, not by USAA
Highlights
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More Information
USAA offers life insurance for the military, veterans, and the public.
Additional Reading
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Prudential Life Insurance
4.75/5
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JD Power Customer Satisfaction Rating
773
AM Best Financial Strength Rating
A+
Prudential Life Insurance
4.75/5
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JD Power Customer Satisfaction Rating
773
AM Best Financial Strength Rating
A+
compare policies and rates with Policygenius
Prudential Life Insurance
compare policies and rates with Policygenius
Details
JD Power Customer Satisfaction Rating
773
AM Best Financial Strength Rating
A+
Pros & Cons
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Pros
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Available in all 50 states (New York residents may have different plans)
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Buyers can withdraw money to pay for nursing home bills due to severe illness or disability
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Knowledgeable agents who can walk you through your options
Cons
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Financial returns are limited
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Limited policy options for seniors and other groups who might struggle to find life insurance
Additional Reading
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Ethos Life
4.37/5
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JD Power Customer Satisfaction Rating
Not Rated
AM Best Financial Strength Rating
A
Ethos Life
4.37/5
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JD Power Customer Satisfaction Rating
Not Rated
AM Best Financial Strength Rating
A
compare policies and rates with Policygenius
Ethos Life
compare policies and rates with Policygenius
Details
JD Power Customer Satisfaction Rating
Not Rated
AM Best Financial Strength Rating
A
Pros & Cons
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Pros
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100% online application process, quotes in minutes
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Coverage starts immediately once approved
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Term policies renewable up to age 94 for qualifying applicants
Cons
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No conversion options to turn term policies to whole life for no exam policies
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Whole life policy limits are lower
Additional Reading
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Mutual of Omaha Life Insurance
4.5/5
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JD Power Customer Satisfaction Rating
795
AM Best Financial Strength Rating
A+
Mutual of Omaha Life Insurance
4.5/5
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JD Power Customer Satisfaction Rating
795
AM Best Financial Strength Rating
A+
compare policies and rates with Policygenius
Mutual of Omaha Life Insurance
compare policies and rates with Policygenius
Details
JD Power Customer Satisfaction Rating
795
AM Best Financial Strength Rating
A+
Pros & Cons
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Pros
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diverse whole and term life insurance options
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Strong financial ratings and company history
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Wide range of riders to customize plans
Cons
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online applications not available for term applicants
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May not provide strong investment options for retirement
Highlights
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Additional Reading
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AAA Life Insurance
4.7/5
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JD Power Customer Satisfaction Rating
844
AM Best Financial Strength Rating
A
AAA Life Insurance
4.7/5
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JD Power Customer Satisfaction Rating
844
AM Best Financial Strength Rating
A
compare policies and rates with Policygenius
AAA Life Insurance
compare policies and rates with Policygenius
Details
JD Power Customer Satisfaction Rating
844
AM Best Financial Strength Rating
A
Pros & Cons
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Pros
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Large life policies available for term customers
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Substantial discounts available for AAA members
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Strong financial ratingSome members may qualify for discounts if combining home and auto policies
Cons
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Only small whole life policies to cover a maximum of $25,000
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Non-members may not get competitive rates
Methodology: How We Chose the Best No Exam Life Insurance
The coverage and riders offered are vital parts of our evaluation. We also look at the speed of payouts, customer satisfaction, and financial strength ratings. All of these factor into the immediate and long-term performance of the life insurance companies we review.
If you're looking for more information about a specific life insurer, our individual reviews offer a deep dive into individual policies, riders, and more. The same considerations are used for all competitors to ensure readers have the edge to make informed decisions in an ever-changing market.
See our insurance rating methodology for more details.
Why Trust Our Recommendations?
Life insurance companies have introduced living benefits/accelerated death benefits and other options to use policies as investment tools. As the name suggests, death benefits do not pay until after the buyer's death. Regardless, Personal Finance Insider knows how important it is to identify the right insurance company for your needs.
All insurance reviews and articles are fact-checked, and rates are checked at the time of our review. Our responsibility is to our readers, which means providing the most accurate information to guide you in the right direction. Our editor's ratings are based on insurance guidelines, performance, and more.
No Medical Exam Life Insurance FAQs
A no medical exam life insurance policy could be right for you if you're able to qualify and don't need special coverage. These policies are the easiest to get for young applicants with no significant health issues. Older applicants can buy with some companies, but acceptance is not guaranteed. No medical exam policies offer less coverage with higher premiums in most cases. If you do not qualify for the no medical exam policy you want, insurance agents can help you explore alternatives.
No medical exam means life insurance companies will not check your blood pressure, cholesterol, etc. However, companies have access to prescription history and other personal records, and underwriters base decisions partly on this history.
You'll have to decide whether you prefer a whole or term policy based on your situation if you're getting no medical life insurance. A term policy has an expiration date, and extensions or conversions to a whole life policy are not guaranteed. If anything, your rate may be higher if you try to convert your policy. The insurer looks at you just as it would any other applicant of your age, health, etc. A whole life policy locks in premiums and payouts.
There are alternatives to a new medical exam life insurance policy. Insurance agents can quote you medical exam policies if you're denied a no medical exam option. An experienced agent may be able to assess your application before starting the process to avoid official denials. If you're concerned about premium limits, you can explore options like IUL (indexed universal life) for permanent life insurance that increases your benefit as long as you make premium payments.
A no medical exam life insurance policy may hold a certain appeal for older applicants and those in failing health. However, the life insurance market is the opposite of what you might expect. These policies are best for young people (typically under 50 years old) in good health. The no medical exam process is often more efficient, streamlining your approval, and life insurance companies can only do this with low-risk applicants.
If a provider sees red flags that might disqualify you, it won't necessarily prevent you from getting coverage. Instead, the agent would most likely offer to run more conventional life insurance quotes for you.
Best No Exam Life Insurance for Online Resources
Haven Life
Haven Life offers term policies for healthy adults with limits as high as $3 million. For those who prefer to avoid a medical exam, the limit is $500,000. The Haven Simple no medical exam policy is available in all states except California, Delaware, South Dakota, North Dakota, and New York. All applications are filed online. Accelerated death benefits are available with this policy if you become disabled, and riders can be added to eliminate future payment obligations if you become disabled.
Haven Life exclusively sells online policies with limited payouts. So if you're looking for larger benefits, extensive financial planning, or agent support, it may not meet the mark. However, its quick online application and ease of use has significant appeal for many people.
Health questions: Yes
Coverage limits: Up to $500,000
Age: 20-55
Waiting period: Two years
Unique feature: Accelerated death benefits available with paperless processing
Haven Life Insurance Review
Best No Exam Life Insurance for Seniors
AARP
AARP caters to senior clients for insurance and many other financial products. Older adults between 50 and 74 may qualify as long as they are AARP members. Term policies are available with limits up to $150,000 in most states. Montana and New York residents may be eligible for up to $100,000. Whole life policy limits max out at $25,000.
Whole life policies can be issued without any health exams or medical questions. The term policies, on the other hand, may ask some health questions.
Health questions: For term life policies, but not whole
Coverage limits: Up to $150,000
Age: 50-74
Unique feature: No medical exam policy caters to older adults
AARP Life Insurance Review
Best No Exam Life Insurance for Military Members
USAA
Military members and their immediate family members may qualify for competitive banking, insurance, and other financial services through USAA. Pricing is lower, payouts are higher, and customer service is strong. Of course, these services are only available to military and qualifying family members. For the children of a deceased military member to use any USAA products, the military member would need to be signed up before their death.
Guaranteed whole life policies are available in 49 states, excluding Montana. USAA life insurance coverage is available from $2,000 to $25,000 with no medical exam or questions. Applicants who want higher coverage limits can explore medical exam policy options with a licensed agent.
Health questions: No
Coverage limits: Up to $25,000
Age: 45-85
Waiting period: Two years
Unique feature: Below-market product costs available for military members and qualifying family
USAA Life Insurance Review
Best No Exam Life Insurance for Higher Policy Limits
Prudential
Prudential offers up to $3 million in coverage for term life policies. Adults up to 60 years old are eligible for coverage with a short application involving some medical questions. For younger applicants, conversion options may also be available later to make term policies into whole life policies. However, due to the higher limits, Prudential's application process may also be longer.
Health questions: Yes
Coverage limits: Up to $3 million
Age: 20-60
Waiting period: Two years
Unique feature: High expert and customer rankings with a trusted provider
Prudential Life Insurance Review
Best No Exam Life Insurance for a Term Policy
Ethos Life
One of the benefits of term life insurance is lower premiums for higher coverage. No medical exam life insurance is no exception. Like no medical exam policies, term policies are geared toward younger applicants looking to save money. Ethos Life accepts applicants up to age 65 with a 100% online application process. Limits are as high as $2 million.
Ethos Life asks a few basic medical questions, but coverage is effective immediately once approved. In addition, every customer buying policies like this from Ethos Life is eligible for a 30-day look period, which is another way to say you can cancel and get your money back in the first 30 days with no penalties.
Health questions: Yes
Coverage limits: Up to $2 million
Age: 20-65
Waiting period: May apply
Unique feature: Instant quotes available with a streamlined online application
Ethos Life Insurance Review
Best No Exam Life Insurance for Guaranteed Acceptance
Mutual of Omaha
Mutual of Omaha has high financial stability and customer satisfaction ratings across different types of insurance. Guaranteed life policies are available for adults between the ages of 45 and 85. In New York state, the age range is 50-75. Policies can be as small as $2,000 in most states and as large as $25,000 with no health questions or medical exams.
Mutual of Omaha's no medical exam policies have a graded death benefit. If you die within two years of the policy start date, the company will not pay the full policy. Instead, it delivers 110% of the premiums paid. The Mutual of Omaha website boasts same-day payouts on most policies. Policies for children are also available.
Health questions: No
Coverage limits: Up to $25,000
Age: 45-85 (50-75 in New York State)
Waiting period: Two years
Unique feature: Company website lists same-day payment on most claims
Mutual of Omaha Life Insurance Review
Best No Exam Life Insurance for No Waiting Period
AAA
AAA offers immediate death benefits for qualified applicants between 18 and 75. In other words, once your policy starts, you are eligible for the full policy benefit. Policies are available with limits as low as $25,000 and as high as $500,000. While a medical exam is not required, health questions are.
AAA offers term policies with limits as high as $500,000. For a whole life policy, the limit is $25,000. But applicants can add a rider doubling the payout for accidental death coverage. Younger people have no waiting period for benefits. For applicants over age 45, AAA pays out 130% of the premiums paid up to the date of death for the first two years.
Health questions: Yes
Coverage limits: Up to $500,000 term/$25,000 whole
Age: 18-75
Waiting period: Applies after age 45
Unique feature: Death benefit available regardless of the cause of death
How to Pick the Best No Medical Exam Life Insurance Policy for You
Particularly when choosing life insurance, customization is critical. Buyers don't need to add every rider, but a little research goes a long way in selecting the right company. Some applicants will not qualify for a no medical exam life insurance policy. A life insurance agent can help you run quotes that make sense for you. Then agents can offer realistic insurance policy options and review the costs and benefits of each.
Asking friends and family which insurance agent they use could be your first step to finding the right life policy. Factors like age, medical history, and financial goals play key roles in your decision. So we do not recommend asking loved ones about individual policies. Instead, let a qualified insurance professional find the best policies for you.
Lina Roby
Insurance Editor, LIA, MLO
Lina Roby (she/her) was a Personal Finance Insurance editor at Insider. She covered pet, travel, auto, and other common insurance products. She is also a licensed property & casualty insurance agent. Her goal is to help readers make informed decisions for all their insurance needs and plan for the unexpected, especially in a constantly evolving insurance marketplace. As a licensed insurance agent, she worked closely with clients and insurance carriers to quote and bind homeowners, auto, liability, and other insurance plans for personal and business. As a licensed mortgage loan originator, she was also able to more effectively quote and bind homeowners insurance policies meeting mortgage lender requirements. With a love for writing, she has also assisted with marketing for her local insurance marketplace.
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Evelyn He
Compliance Associate
Evelyn He is a compliance associate at Insider who supports the Personal Finance Insider team. Personal Finance Insider is Insider's personal finance section that incorporates affiliate and commerce partnerships into the news, insights, and advice about money that Insider readers already know and love. The compliance team's mission is to provide readers with stories that are fact-checked and current, so they can make informed financial decisions. The team also works to minimize risk for partners by making sure language is clear, precise, and fully compliant with regulatory and partner marketing guidelines that align with the editorial team. Before joining Insider, she served in various legal and compliance roles in different industries, including the legal and pharmaceutical industries. Evelyn obtained her M.S. degree in Marketing at Boston University in 2022. Prior to combining and consolidating her knowledge of law and business, she spent one year finishing 1L courses at Suffolk University Law School to further her legal knowledge. She has also completed MBA business law courses while working on her Bachelor of Business Administration in Management at the University of Massachusetts, Amherst. Outside of work, she enjoys spending time with her 14-year-old Shih Tzu named Money, and her 4-year-old Bichon named Tibber.
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