No medical exam life insurance offers a fast, convenient way to secure coverage without invasive tests like blood work or physical exams. Whether you’re seeking term life, whole life, or universal life policies, this guide highlights the top no-exam life insurance companies, their innovative offerings, and how our personalized approach at Insurance & Estates (I&E) sets us apart.
Table of Contents
What Is No Medical Exam Life Insurance?
No-exam life insurance allows you to obtain coverage without medical tests, such as blood work, urine samples, or physical exams. This streamlined process leverages technology and data analytics to assess risk, making it faster and more accessible. According to LIMRA, the U.S. life insurance market hit a record $16.2 billion in new annualized premiums in 2024, with no-exam policies driving significant growth due to their convenience.
- ⊘ No medical exam
- ⊘ No blood work
- ⊘ No urine sample
Types of No-Exam Life Insurance
No-exam life insurance comes in three main forms, each catering to different needs and risk profiles:
| Type | Description | Best For |
|---|---|---|
| Accelerated Underwriting | Fully underwritten without a medical exam, using data from Medical Information Bureau, prescription databases, and public records. | Healthy individuals seeking competitive rates and high coverage. |
| Simplified Issue | Skips the exam but requires health and lifestyle questions, with varying question depth. | Those wanting quick coverage with moderate health concerns. |
| Guaranteed Issue | No exam or health questions; approval based on age and state eligibility. | Seniors or those with serious health issues needing guaranteed approval. |
Our Criteria for Top Companies
We selected the best no-exam life insurance companies based on three key criteria:
- Accelerated Automated Underwriting: Companies must offer fast, technology-driven underwriting processes.
- Flexible Policy Options: Policies should include convertible term or cash value accumulation for long-term value.
- High Financial Ratings: Insurers must have strong ratings from agencies like AM Best for reliability.
Why Choose Insurance & Estates?
At Insurance & Estates, we stand out by prioritizing your needs and goals. Unlike competitors who offer one-size-fits-all no-exam policies, we act as your trusted guide, directing you to the best insurer based on a personalized assessment. Our approach ensures you get the right coverage, whether you prioritize low premiums, high coverage, or specific policy features.
| Feature | Insurance & Estates | Typical No-Exam Competitors |
|---|---|---|
| Approach | Personalized guidance to match you with the best insurer for your needs. | Direct-to-policy sales with minimal or no guidance. |
| Best For | Clients seeking tailored solutions and expert advice. | Those wanting a quick, no-interaction policy purchase. |
| Support | Dedicated advisors for ongoing support and policy adjustments. | Limited or automated customer service. |
When to Choose Competitors: If you prefer a fully automated, no-contact process and are comfortable selecting a policy without guidance, competitors like Ladder or Ethos may be a better fit due to their instant-decision platforms.
Top 10 No-Exam Life Insurance Companies
[Snapshot]
| Company | Products Offered | A.M. Best Rating | S&P Rating | Moody's Rating | Fitch Rating | Comdex Ranking |
|---|---|---|---|---|---|---|
| Penn Mutual | Guaranteed Convertible Term, Accumulation Builder IUL, Guaranteed Whole Life | A+ | A+ | AA3 | N/A | 91 |
| Foresters | Your Term, Advantage Plus Whole Life Insurance, LifeFirst, Smart UL | A | N/A | N/A | N/A | N/A |
| Lafayette Life | 10 Pay Whole Life | A+ | AA- | N/A | AA | 96 |
| Mutual of Omaha | Term Life Answers, Income Advantage IUL | A+ | AA- | A1 | N/A | 93 |
| Brighthouse Financial | Premier Accumulator Universal Life | A | A+ | N/A | N/A | 82 |
| John Hancock | Single-Life Term and Permanent Products | A+ | AA- | A1 | AA- | 93 |
| Global Atlantic (Accordia Life) | Available on all individual products except Survivorship Builder. | A- | A- | N/A | N/A | 57 |
| Lincoln Financial (Lincoln National) | Most Term and Permanent Products | A+ | AA- | A1 | A+ | 90 |
| Principal Financial | Term and Permanent Life Insurance Products. | A+ | A+ | A1 | AA- | 90 |
| Pacific Life | Term and Permanent Life Insurance Products. | A+ | AA- | A1 | AA- | 93 |
| Securian | Eclipse Accumulator IUL | A+ | A+ | Aa3 | AA | 92 |
| National Life Group (LSW) | SecurePlus Provider IUL and ProtectorLife Whole Life | A | A+ | A2 | N/A | 80 |
[In Depth]
- Penn Mutual
- Foresters Financial
- Lafayette Life
- Mutual of Omaha
- Brighthouse Financial
- John Hancock
- Accordia Life
- Lincoln Financial
- Principal Financial
- Pacific Life
Penn Mutual’s Automated Accelerated Underwriting program offers no-exam coverage up to $5 million for ages 20–65 (standard or better risk classes), with approvals in as little as 24 hours.
Guaranteed Convertible Term
Convertible term life insurance that can switch to permanent coverage without additional underwriting.
Accumulation Builder II Indexed Universal Life
An indexed universal life policy with up to a 20-year no-lapse guarantee and a Cash Value Enhancement Rider for boosted growth in the first five years.
Accumulation Whole Life
A dividend-paying whole life policy with guaranteed coverage and cash value growth, enhanced by the Accelerated Paid-Up Additions Rider.
Learn more in our Penn Mutual review.
Foresters Financial’s Non-Medical Underwriting skips exams for qualified applicants, requiring only application questions.
Foresters Your Term Level Term Life Insurance
Convertible term life with 10, 15, 20, 25, or 30-year terms, convertible to permanent policies.
Advantage Plus Whole Life Insurance
Whole life coverage up to $400,000 with 20-Pay or Paid-up at 100 options. The Guaranteed Insurability Option rider is ideal for children or young adults.
Learn more in our Foresters review.
Lafayette Life offers accelerated underwriting for ages 20–55, with $100,000 to $1,000,000 in no-exam coverage.
10 Pay Whole Life
A limited pay whole life policy requiring only 10 years of premiums, designed for high cash value growth.
Learn more in our Lafayette Life review.
Mutual of Omaha provides accelerated underwriting for ages 18–60, with $100,000 to $2,000,000 in coverage, requiring a tele-interview and voice signature.
Term Life Answers
Convertible term life with flexible terms and conversion options.
Income Advantage IUL
An indexed universal life policy for cash value growth.
Life Protection Advantage IUL
Focuses on death benefit protection with cash value potential.
Learn more in our Mutual of Omaha review.
Brighthouse Financial’s Enhanced Rate Plus program skips exams and labs, requiring a 20–40-minute tele-interview. Approvals take 5–7 days for ages 20–60, with $100,000 to $1,000,000 in coverage.
Premier Accumulator Universal Life
A universal life policy with optional Chronic and Terminal Care riders for early death benefit access.
Learn more in our Brighthouse Financial review.
John Hancock’s ExpressTrack program offers no-exam underwriting for ages 18–60, up to $1,000,000, with standard to super preferred rates.
Accumulation IUL
An indexed universal life policy with high participation rates (up to 160%) and indexed loans for positive arbitrage.
Learn more in our John Hancock review.
Accordia Life’s FastLane accelerated underwriting offers 1–2 day approvals for ages 18–60, up to $1,000,000, on term and universal life policies.
Lifetime Builder
An indexed universal life policy with fixed or indexed accounts and three death benefit options.
Learn more in our Accordia Life review.
Lincoln Financial’s LincXpress offers lab-free underwriting for ages up to 60, up to $1,000,000, on most term and permanent products.
Lincoln LifeReserve Indexed UL Accumulator
An IUL with capped, high participation, and uncapped account options, with decreasing loan rates over time.
Learn more in our Lincoln Financial review.
Principal’s Accelerated Underwriting eliminates exams for term, universal, and variable universal life policies, available for ages 18–60, up to $1,000,000.
Indexed UL Accumulation
Offers three account options with high early cash surrender values and accumulated value enhancement riders.
Learn more in our Principal Financial review.
Pacific Life’s Smooth Sailing and Swift Sailing programs offer up to $2,000,000 in no-exam coverage for ages 18–60 on convertible term and guaranteed universal life.
Learn more in our Pacific Life review.
Comparison of Top No-Exam Policies
| Company | Max Coverage | Policy Types | Approval Time |
|---|---|---|---|
| Penn Mutual | $5M | Term, IUL, Whole Life | 24 hours |
| Foresters Financial | $400K | Term, Whole Life | Varies |
| Pacific Life | $2M | Term, GUL | Varies |
Get Started with No-Exam Life Insurance
Secure No-Exam Life Insurance Today
Explore the best no-exam life insurance policies with I&E’s expert guidance. From convertible term to cash value whole life, we’ll find your perfect fit.
- ✓ Compare top insurers like Penn Mutual, Pacific Life, and John Hancock
- ✓ Discover convertible term and cash value policies without exams
- ✓ Fast approvals with accelerated underwriting
- ✓ Personalized guidance from I&E’s expert advisors
Schedule your complimentary 30-minute consultation to secure coverage without the hassle.
No obligation. No pressure. Just expert insights for no-exam life insurance.
Frequently Asked Questions About No-Exam Life Insurance
What is no medical exam life insurance?
No medical exam life insurance provides coverage without requiring blood work, urine samples, or physical exams, using accelerated underwriting, simplified issue, or guaranteed issue processes.
What types of no-exam life insurance are available?
The three types are accelerated underwriting (data-driven risk assessment), simplified issue (health questions required), and guaranteed issue (no questions, age-based approval).
Which companies offer the best no-exam life insurance?
Top companies include Penn Mutual, Foresters Financial, Pacific Life, and John Hancock, offering convertible term and cash value policies with accelerated underwriting.
Are no-exam life insurance premiums higher?
No-exam premiums are often comparable to fully underwritten policies, especially with accelerated underwriting, providing excellent value without medical tests.
What if I don’t qualify for no-exam life insurance?
If you don’t qualify, traditional underwriting may be required, including a blood profile, urinalysis, paramedical exam, EKG, or Attending Physician Statement.
Why choose Insurance & Estates for no-exam life insurance?
Insurance & Estates offers personalized guidance to match you with the best insurer for your needs, unlike competitors who focus on quick, no-contact policy sales.
Which are the top-selling no-exam life insurance companies?
Top-selling companies include Northwestern Mutual, Protective Life, and Banner Life, known for competitive no-exam term policies and strong market presence.
1 comment
Roy
Bringing some out of the box (I mean not mentioned by many) companies is the feature I honestly appreciate about this post. For example, mentioning companies like Brighthouse and Accordia surely adds value to the post. This brings more options for the buyers to choose the right insurers for themselves.
Surely good job.
Roy
Insurance Blogger