No Physical Life Insurance | 15 Company Reviews
last updated on December 2, 2020There’s never been a better time to purchase life insurance without a physical (also known as no exam or non-med coverage).
Once standard procedure, the cringe-worthy medical underwriting process of being poked with a needle, stepping on a scale, and providing liquid samples, is becoming less commonplace.
Here’s why:
- Underwriting (the process life insurance companies use to assess risk) is becoming streamlined.
- Increasingly, life insurance applications are evaluated by data providers and technology.
- Life insurance companies are using algorithms to determine an applicant’s risk.
- The algorithms will eventually replace countless physical exams.
- In many instances, the cost of non-med life insurance is now comparable to fully underwritten policies.
In the next 10 years, we are going to see that requirement go away … for most people.
– Elliot Wallace, LexisNexis Risk Solutions
Plenty of life insurance companies offer no physical policies. We’ve analyzed them all. Here, you’ll find your guide to the top 15 no physical life insurance companies offering the best policies.
Definition Of No Physical Life Insurance
Life insurance issued without a physical examination of the applicant.
In other words, no physical life insurance does not require medical procedures during the application process.
You will skip:
- Blood sample
- Urine sample
- Height/weight check
- Blood pressure reading
Table Of Contents
No Physical Life Insurance Overview
You’ll want to consider some key aspects of no physical life insurance companies before making a purchase. Each company is different.
Important Features
- Wait time – how long you have to wait before your application is approved and your life insurance policy is issued
- Issue ages – the age range of the applicant that the life insurance company is willing to insure
- Policy amount – the dollar size (face amount) the life insurance company offers
- Policy length – the number of years the life insurance company will allow the policy to last
1. Foresters Financial
No Physical Policy Name:
Company History
Founded in 1874, Foresters Financial is an international financial services provider. They are headquartered in New York City, New York.
Foresters’ life insurance products are underwritten by The Independent Order of Foresters, a fraternal benefit society (a member organization with shared values).
Members enjoy unique member benefits including competitive academic scholarships, financial counseling, and discounted legal services.
– Foresters Financial
Interesting Fact – One of Foresters Financial’s first leaders was Dr. Oronhyatekha, who was one of Canada’s first Native doctors to include western medicine in his practice.
Financial Strength Rating: A (A.M. Best, 2019)
Application Process and Policy Overview
While the best health class Foresters offers for their no physical policy is Standard and Tobacco, their rates (how much you pay) are still highly competitive.
Additionally, their application process is streamlined.
Wait Time: Policy decisions can be lightning-fast, and are often made within minutes of completing your application.
Issue Ages: 18 – 80 years
Policy Amount: $50,000 – $400,000
Policy Length: 10, 15, 20, 25, 30 years
Important – Foresters Your Term – No Exam imposes limits on the policy amount available, depending on your issue age.
Foresters Non Med Face Value Limits
| Age | Face Value |
|---|---|
| 18 - 55 | $400,000 |
| 56 - 80 | $150,000 |
Also important – Limits exist on term length based on your issue age.
Foresters Non Med Term Length Limits
| Term Length | Non Tobacco Age | Tobacco Age |
|---|---|---|
| 10 Year Term | 18 - 80 | 18 - 80 |
| 15 Year Term | 18 - 70 | 18 - 70 |
| 20 Year Term | 18 - 65 | 18 - 60 |
| 25 Year Term | 18 - 60 | 18 - 55 |
| 30 Year Term | 18 - 55 | 18 - 50 |
Available Riders
Foresters Your Term – No Exam provides generous riders and optional riders.
Riders included with a policy purchase
- Accelerated Death Benefit – Provides an option to accelerate a portion of the eligible death benefit and receive a payment if the insured is diagnosed with a covered illness, which may include critical, chronic, and terminal illnesses (physician documentation is required).
- Family Health Benefit – Can pay a benefit for limited family health expenses that may occur as a result of natural disasters, such as hurricanes, tornadoes, and earthquakes.
- Common Carrier Accidental Death Benefit – Designed to provides an additional death benefit if you die of accidental injuries that occur while riding as a fare-paying passenger on a common carrier, such as a plane, bus, or train.
- Charity Benefit Provision – When a claim is paid to the beneficiary(ies), Foresters will pay an additional 1% of the face amount to a registered charitable organization if designated by the owner. The payment is made as a donation in the name of the insured.
Optional Riders you may add on
- Accidental Death Benefit – an amount paid in addition to the standard benefit, payable if the insured dies as a result of a qualifying accident.
- Disability Income Protection – available in two versions: for accidents only or for both accidents and illness.
- Waiver of Premium – helps you maintain your life insurance coverage if you are totally disabled and unable to work.
Policy Conversion Options
Your policy may be converted to a permanent policy without evidence of insurability under the following conditions:
- During the term length of your policy, minus five years
- OR after age 65, prior to the anniversary of your policy
Key Features Of Foresters Your Term – No Exam
Requirements for approval
- Phone interview to include questions about:
- Medical history
- Lifestyle
- Occupation
- Avocations (recreational activities)
- Military service
- Medical Information Bureau (independent medical record database) report
- Pharmacy database history (typically within the last 10 years)
- Driving record review
- Tobacco use is accepted, however, your rates will be affected
Not required for approval
- Medical exam
- Fluids
- Attending Physician Statement (APS) – in other words, a report from your doctor
- Routine Personal Health Interview (PHI)
- Coverage justification
Sample Rates
Foresters Non Med Quotes For Male 20 Year Term
| Age | $50,000 | $100,000 | $250,000 | $400,000 |
|---|---|---|---|---|
| 20 Year Old | $12.47 | $18.81 | $37.84 | $56.88 |
| 30 Year Old | $12.99 | $19.86 | $40.47 | $61.08 |
| 40 Year Old | $17.37 | $28.61 | $63.34 | $96.08 |
| 50 Year Old | $29.88 | $53.64 | $124.91 | $196.18 |
| 60 Year Old | $74.81 | $143.50 | NA | NA |
Foresters Non Med Quotes For Female 20 Year Term
| Age | $50,000 | $100,000 | $250,000 | $400,000 |
|---|---|---|---|---|
| 20 Year Old | $10.50 | $14.88 | $28.00 | $41.13 |
| 30 Year Old | $11.29 | $16.45 | $31.94 | $47.43 |
| 40 Year Old | $15.27 | $24.41 | $51.84 | $79.28 |
| 50 Year Old | $28.61 | $51.10 | $118.56 | $186.03 |
| 60 Year Old | $61.99 | $117.86 | NA | NA |
Bottom line – Foresters offers an uncommon 25-year term policy. Their non-med life insurance has highly competitive rates and a speedy underwriting process.
Additionally, Foresters policy owners have access to member benefits.
Note – Foresters issues non-med policies up to age 80 and is an excellent option for no exam life insurance for seniors.
2. Phoenix Life Insurance (Nassau Re)
No Physical Policy Name:
Company History
Phoenix Life Insurance (now called Nassau Re) was founded in 1851 and was originally named American Temperance Life Insurance Company.
In 2016, Phoenix became a wholly-owned subsidiary of Nassau Re Company, headquartered out of Hartford Connecticut.
Nassau specializes in owning and managing insurance, asset management, and reinsurance firms. Phoenix Life Insurance acts as the life insurance and annuity provider for the United States.
For over 165 years, Phoenix has been helping people protect their families and provide for the income they will need in retirement. – Phoenix, Who We Are
Interesting Fact – Nassau Re issued a life insurance policy to President Abraham Lincoln.
Financial Strength Rating: B+ (A.M. Best, 2019)
Application Process and Policy Overview
A simplified-issue term life insurance policy with living benefits designed to protect the future of loved ones and plan for the unexpected.
– Nassau Re
Nassau Re no physical life insurance is commonly a top seller because it offers generous living benefits at no additional cost.
Similar to many no physical life insurance carriers, Nassau Re offers two rate classes for their no exam products: Standard and Tobacco.
Known for their lenient underwriting procedures, their no physical required products are an excellent choice for someone in less-than-perfect health.
Wait Time: Policy decisions are often made within 24 hours of application submission for Safe Harbor Term Life Express.
While policy decisions can take longer for the Safe Harbor Term Life, their process is still effective.
Issue Ages: 18 – 80 years
Policy Amount: $25,000 – $500,000
Policy Length: 10, 15, 20, 30 years
Important – Phoenix Safe Harbor Term Life and Phoenix Safe Harbor Term Life Express imposes limits on the policy amount available, depending on your issue age:
Phoenix Non Med Face Value Limits
| Age | Express Face Value | Non-Express Face Value |
|---|---|---|
| 18 - 50 | $400,000 | $500,000 |
| 51 - 60 | $300,000 | $400,000 |
| 61 - 70 | $200,000 | $300,000 |
| 71 - 80 | $100,000 | $150,000 |
Also important – Limits exist for term length based on your issue age:
Phoenix Non Med Term Length Limits
| Term Length | Age |
|---|---|
| 10 Year Term | 18 - 80 |
| 15 Year Term | 18 - 70 |
| 20 Year Term | 18 - 65 |
| 30 Year Term | 18 - 55* |
Available Riders
Phoenix is known for superior living benefit riders that are included with your policy purchase.
Riders included with policy purchase
- Accelerated Benefit Riders – option to accelerate the death benefit (up to 95%) in the event of a serious illness:
- Chronic illness: for the past 90 days, unable to perform without substantial assistance at least 2 of the 6 activities of daily living:
- bathing, continence, dressing, eating, toileting, transferring
- OR a severe cognitive impairment
- Critical illness: heart attack, cancer, kidney failure, stroke, major organ transplant, ALS
- Terminal illness: terminally ill with a life expectancy of 12 months or less
- Required physician documentation
- Chronic illness: for the past 90 days, unable to perform without substantial assistance at least 2 of the 6 activities of daily living:
- Unemployment Rider – ability to waive premium payments should you become unemployed
Optional Rider you may add on
- Accidental Death Benefit – pays an additional death benefit if death occurs as the result of a qualifying accident
Note – Pertaining to the accelerated death benefit rider, the ability to accelerate up to 95% of the death benefit is higher than most no physical carriers allow.
Policy Conversion Options
Based on the duration of your policy, you have the ability to convert your term policy to a permanent policy without demonstrating insurability:
- 10-Year Term: Convertible in first 5 policy years
- 15-Year Term: Convertible in first 7 policy years
- 20-Year Term: Convertible in first 10 policy years
- 30-Year Term: Convertible in first 10 policy years
- Full and partial conversions are allowed
- Same underwriting classification as term product will apply
- No required medical evidence
Key Features Of Safe Harbor Term Life And Safe Harbor Term Life Express
Phoenix (now Nassau Re) tends to absorb more risk than most other non-med life insurance companies.
If you are experiencing health complications, Nassau Re should be on your list of no physical companies to consider.
Requirements for approval
- Demonstrate insurable interest: financial loss in the event of the insured’s death
- Phone interview to include questions about:
- Medical history
- Lifestyle
- Occupation
- Avocation (recreational activities)
- Military service
- MIB/Medical Information Bureau report (database of previous insurance applications)
- Pharmacy history, typically within the last 10 years (database of pharmacy prescription history)
- Driving record review (e.g. history of DUI)
- Depending on your application, an Attending Physician Statement may be ordered for Non-Express applications
- Note – for age 70 and older, an Attending Physician Statement will be ordered for Non-Express
Not required for approval
- Medical exam
- Fluids
Sample Rates
Phoenix Non Med Quotes For Male 20 Year Term
| Age | $25,000 | $50,000 | $100,000 | $250,000 | $500,000 |
|---|---|---|---|---|---|
| 20 Year Old | $10.36 | $12.34 | $18.47 | $36.85 | $67.49 |
| 30 Year Old | $10.68 | $11.82 | $17.43 | $34.26 | $62.31 |
| 40 Year Old | $13.87 | $16.18 | $26.15 | $56.05 | $105.89 |
| 50 Year Old | $24.49 | $28.95 | $51.69 | $119.91 | $233.61 |
| 60 Year Old | $52.02 | $63.00 | $119.78 | $290.14 | NA |
Phoenix Non Med Quotes For Female 20 Year Term
| Age | $25,000 | $50,000 | $100,000 | $250,000 | $500,000 |
|---|---|---|---|---|---|
| 20 Year Old | $9.28 | $11.35 | $16.48 | $31.89 | $57.56 |
| 30 Year Old | $10.23 | $11.18 | $16.14 | $31.02 | $55.84 |
| 40 Year Old | $12.75 | $14.37 | $22.52 | $46.99 | $87.77 |
| 50 Year Old | $24.49 | $28.95 | $51.69 | $119.91 | $185.72 |
| 60 Year Old | $43.21 | $47.64 | $89.06 | $213.33 | NA |
Bottom line – Phoenix is an excellent non-med life insurance option because of the living benefits that come standard with a policy purchase.
For those with less-than-perfect health, it’s possible to get approved with Nassau Re. Nassau Re issues non-med policies up to age 80.
3. American National Life Insurance (ANICO)
No Physical Policy Name:
Company History
Founded by William L. Moody, Jr. in 1905, American National Life Insurance (ANICO) is headquartered in Galveston, Texas.
ANICO offers a multitude of insurance products, including life insurance, retirement annuities, accident and health insurance, pension plan products and services, credit insurance, and property/casualty insurance for personal lines and agribusiness.
ANICO conducts its business in all 50 United States and Puerto Rico.
Founder William L. Moody, Jr.envisioned a company that operated on the core ideals of ‘strong management, prudent investment, and financial strength’.
– American National
Interesting Fact – While ANICO is a publicly-traded company, the majority of its stock is still controlled by the Moody family.
Financial Strength Rating: A (A.M. Best, 2019)
Application Process and Policy Overview
ANICO is a top life insurance provider of no physical policies.
While their underwriting process is not the fastest on the market, the value their policies provide makes them a leading contender.
ANICO provides two underwriting classes for their non-med life insurance products: Standard and Rated.
Keep in mind, their Standard health class does compete with Preferred non-med health classes of other life insurance carriers.
Wait Time: Generally healthy applicants can receive a policy decision within 72 hours.
However, the process may take longer if there are follow-up questions or requirements.
Issue Ages: 0 – 65 years
Policy Amount: $50,000 – $250,000
Policy Length: 10, 15, 20, 30 years
Important – American National’s policy size and term length available are dependent on issue age. Collaborate with an independent agent for specific policies available based on your age.
Available Riders
Considered to be at the forefront of the life insurance industry for living benefits, ANICO provides desirable riders:
Riders included with a policy purchase
- Accelerated Benefit Riders – option to accelerate the death benefit in the event of a serious illness:
- Chronic illness: for the past 90 days, unable to perform without substantial assistance at least 2 of the 6 activities of daily living:
- Unable to perform bathing, continence, dressing, eating, toileting, transferring
- OR a severe cognitive impairment
- Critical illness (ANICO has one of the most generous lists): invasive cancer, end-stage renal failure, major organ transplant, heart attack, ALS, blindness, stroke, paralysis, arterial aneurysms, central nervous system tumors, major multi-system trauma, AIDS, severe disease of major organ, severe central nervous system disease, major burns, loss of limbs
- Terminal illness: terminally ill with a life expectancy of 24 months or less (12 months for CT, FL, and NY)
- Required physician documentation
- Chronic illness: for the past 90 days, unable to perform without substantial assistance at least 2 of the 6 activities of daily living:
The Accelerated Death Benefit Riders can provide an unrestricted cash benefit when it is needed to help you at a critical time and help protect the money you have saved for retirement and other life needs.
– American General
At an extra cost, you may add the following riders:
- Children’s Term – term life insurance coverage for dependent children
- Disability Waiver of Premium – option to waive premium payments should you become totally disabled
Policy Conversion Options
An Annual Renewable Term (ARTs) is available through ANICO:
- Up to age 55
- Additional eligibility parameters are based on issue age and term length
You also have the ability to convert your term life insurance policy into a permanent policy at no extra cost under the following circumstances:
- Policy must be in good standing (you have paid your premiums)
- Up to age 65
- Premium credit towards a permanent policy is available during the first 5 years of policy
Key Features Of Signature Term Xpress
ANICO is another carrier willing to accept some health risks for their no physical life insurance products.
Requirements for approval
- Complete full application to include –
- Phone interview to include questions about:
- Medical history
- Lifestyle
- Occupation
- Avocation (recreational activities)
- Military service
- Phone interview to include questions about:
- MIB/Medical Information Bureau report (database of previous insurance applications)
- Pharmacy history (Rx), typically within the last 10 years (database of pharmacy prescription history)
- Driving record review
- Risk Classifier review (public records aggregated from multiple data sources)
Not required for approval
- Medical exam
- Note: the need for an exam is determined based on answers from the application, and reports from MIB, Rx, and Risk Classifier
- Attending Physician Statement (APS)
- Note: it’s possible for an APS to be ordered if the underwriter needs more information based on your application’s answers
Sample ANICO Term XPress Quotes
American National Non Med Quotes For Male 20 Year Term
| Age | $50,000 | $100,000 | $250,000 |
|---|---|---|---|
| 20 Year Old | $12.05 | $14.60 | $28.73 |
| 30 Year Old | $12.92 | $14.69 | $28.94 |
| 40 Year Old | $17.02 | $19.35 | $40.61 |
| 50 Year Old | $29.59 | $38.62 | $88.78 |
| 60 Year Old | $71.19 | $95.39 | $230.69 |
American National Non Med Quotes For Female 20 Year Term
| Age | $50,000 | $100,000 | $250,000 |
|---|---|---|---|
| 20 Year Old | $11.23 | $12.96 | $24.62 |
| 30 Year Old | $11.49 | $12.96 | $24.62 |
| 40 Year Old | $15.03 | $17.37 | $35.64 |
| 50 Year Old | $23.76 | $29.89 | $66.96 |
| 60 Year Old | $50.07 | $66.53 | $158.54 |
*You’ll notice that, for a 35-year-old male at Standard health class, ANICO’s price for life insurance is more for 10 and 15-year terms for $50,000 than for $100,000.
While it doesn’t happen all the time, due to underwriting procedures, in the case of a 35-year-old Standard health class male, buying 10 and 15-year term for $100,000 costs less than it would for the 10 and 15-year term for $50,000.
Bottom line – ANICO provides generous living benefit riders with all no physical policy purchases, including comprehensive critical illness coverage.
Also, ANICO is willing to absorb health risks that other life insurance carriers will not.
Take note – ANICO’s top-tier living benefits can be a godsend if you are looking for no exam life insurance for your parents.
4. Sagicor Life Insurance Company 
No Physical Policy Name:
Sagicor Sage Term Accelewriting
Company History
Barbados Mutual Life Assurance Society was established in 1840. Over the next century, the company continued to grow and expand to additional Caribbean countries.
In 2002, Barbados Mutual Life Assurance Society converted to Sagicor Life Incorporated, transitioning to a publicly traded company.
Sagicor now operates internationally and offers life insurance products, including annuities, term and whole life insurance. Their U.S. headquarters are located in Scottsdale, Arizona.
“To be a great company committed to improving the lives of the people in the communities in which we operate.” – Sagicor Vision
Interesting Fact – “Sagicor” is a combination of two words, “Sage” meaning wise and “Cor” for heart or judgment.
Financial Strength Rating: A- (A.M. Best, 2019)
Application Process and Policy Overview
Sagicor uses a trademarked process for no physical life insurance, called Accelewriting, a “state-of-the-art automated underwriting system from Sagicor Life Insurance Company for Simplified Issue products”.
By using analytical tools and database systems, Sagicor is able to provide policy decisions quickly, often within minutes.
Sagicor offers five health classes for the non-med life insurance products*:
- Preferred Non-Tobacco
- Standard Non-Tobacco
- Rated Non-Tobacco
- Preferred Tobacco
- Standard Tobacco
*Generally, for underwriting purposes, tobacco use is defined as, “proposed insureds who have smoked cigarettes or used other tobacco products, including patches, gum, inhalers or other stop-smoking products within the past 12 months”.
Wait Time: Within minutes of completing your application, a policy decision can be made.
Issue Ages: 18 – 65 years
Policy Amount: $50,000 – $1,000,000
Policy Length: 10, 15, 20 years
Important – Sagicor limits policy length based on age, gender and tobacco use:
- If 65 years of age: limited to 10 Year Term when Male Standard Tobacco
- 55 years of age: cutoff age for 20 Year Term Male and Female Tobacco
Available Riders
Riders included with a policy purchase
- Accelerated Benefit Riders – option to accelerate the death benefit in the event of a serious illness:
- Terminal Condition
- Nursing Home Confinement
- If an insured has been confined to a nursing home for 90 consecutive days and is expected to remain confined until death (requirements can vary by state)
The Accelerated Benefit Insurance Rider will help cover medical costs or nursing home care by allowing you to use a portion of the death benefit proceeds if you are diagnosed with a terminal condition or confined to a nursing home facility.
– Sagicor
Optional Riders you may purchase:
- Accidental Death Benefit – an additional death benefit paid if death occurs as a result of a qualifying accident
- Children’s Term – term life insurance coverage extended to dependent children of the insured
- Waiver Of Premium – option to waive premium payments if total disability is diagnosed
Policy Conversion Options
You have the ability to convert your term life insurance policy into a permanent policy under the following circumstance:
- Convertible to age 70 (prior to the policy anniversary following the insured’s 70th birthday)
- Conversion credits are available for a full policy conversion if converted during years 2 – 5 of the policy term length
Key Features Of Sage Term Accelewriting
Sagicor no physical life insurance is ideal for healthy individuals.
Their Accelewriting process relies heavily on databases (data analytics) for the application process.
Requirements for approval
- Electronic database review
- Risk Classifier (public records aggregated from multiple data sources)
- MIB/Medical Information Bureau report (database of previous insurance applications)
- Pharmacy history, typically within the last 10 years (database of pharmacy prescription history)
- Driving record review
Not required for approval
- Telephone interview
- Medical exam
- Bodily fluids
- Attending Physician’s Statement (APS)
Sagicor Sage Term Quotes
Sagicor Non Med Quotes For Male 20 Year Term
| Age | $50,000 | $100,000 | $250,000 | $500,000 |
|---|---|---|---|---|
| 20 Year Old | $9.30 | $11.03 | $17.79 | $29.98 |
| 30 Year Old | $9.41 | $11.41 | $18.12 | $29.94 |
| 40 Year Old | $11.33 | $14.26 | $25.80 | $45.29 |
| 50 Year Old | $20.25 | $32.03 | $57.18 | $108.06 |
| 60 Year Old | $50.10 | $90.03 | $198.51 | $390.73 |
Sagicor Non Med Quotes For Female 20 Year Term
| Age | $50,000 | $100,000 | $250,000 | $500,000 |
|---|---|---|---|---|
| 20 Year Old | $8.00 | $9.55 | $14.33 | $22.35 |
| 30 Year Old | $8.44 | $10.05 | $15.34 | $24.38 |
| 40 Year Old | $9.82 | $12.18 | $20.88 | $35.46 |
| 50 Year Old | $15.42 | $23.52 | $48.37 | $91.16 |
| 60 Year Old | $34.95 | $60.09 | $138.24 | $270.18 |
Bottom line – Sagicor’s non-med product works best for those in good health. Their approval and policy-delivery process are fast and streamlined.
5. Fidelity Life Insurance Company 
No Physical Policy Name:
Fidelity Life RAPIDecision Express
Company History
Fidelity Life was founded in 1896.
They were originally called the Mystic Workers of the World, a “fraternal benefit society designed to provide financial protection for the growing middle class of the Midwest and Northern states”.
Fidelity Life is one of the few companies in the industry that focuses on assisting everyday middle Americans experience the peace-of-mind that comes with life insurance ownership.
– Fidelity Life
In 1930, Fidelity officially changed its name to, The Fidelity Life Association.
A stock life insurance company, Fidelity has more than $26 billion in life insurance policies in force.
They are a subsidiary of Lifestory Interactive, with Members Mutual Holding Company acting as their parent company.
Interesting Fact – Fidelity Life is licensed to conduct business in the United States, except for New York and Wyoming.
Financial Strength Rating: A- (A.M. Best, 2019)
Application Process and Policy Overview
Fidelity uses web-based technology and underwriting innovation for its Rapid Decision Express products to create a streamlined experience for the applicant.
Fidelity offers two health classes for their non-med life insurance:
- Standard Non-Nicotine
- Standard Nicotine
Wait Time: Policy decisions are often made within 24 – 48 hours of completing your application.
Issue Ages: 18 – 65 years
Policy Amount: $25,000 – $250,000
Policy Length: 10, 15, 20, and 30 years
Important – Fidelity limits policy length options based on age:
Fidelity Non Med Term Length Limits
| Term Length | Age |
|---|---|
| 10 Year Term | 18 - 65 |
| 15 Year Term | 18 - 60 |
| 20 Year Term | 18 - 55 |
| 30 Year Term | 18 - 45 |
Available Riders
Riders provide additional benefits and features to your life insurance policy.
Riders included with your policy purchase
- Accelerated Death Benefit Rider – option to accelerate up to 50% of your death benefit
- Required physician documentation with a demonstration of 12 months or less to live
- Benefit may be initiated after the policy has been in force for 2 years
Optional riders you may add on for an additional cost
- Dependent Child Rider – a death benefit paid should one of your dependents pass away
- Up to $25,000 for eligible dependents
- Rider expires when one of two things happens first: either child reaches age 23 or insured reaches age 65
- Accidental Death Benefit Rider – an amount paid in addition to the standard benefit, payable if the insured dies from a qualifying accident
- Issued to ages 20 – 65
- Rider expires at age 80
- Available for amounts between $25,000 – $250,000
Additional Policy Details
- Guaranteed Annual Renewable Term (ART) after initial level term
- Level term renewable to age 95
Key Features Of Rapid Decision Express
Required for approval
- Complete phone interview
- Database background check:
- Pharmacy history
- Driving record
- Medical Information Bureau (MIB) – a database of previous insurance applications
Not required for approval
- Needles, nurses, liquid samples
- Attending Physician Statement (APS)
Bottom line – Fidelity’s application process is straightforward and fast. You will receive either an accept or decline.
Fidelity Rapid Decision Express Quotes
Fidelity Non Med Quotes For Male 20 Year Term
Samples only. Based on healthy, non tobacco individuals. Subject to change.
Age $25,000 $50,000 $100,000 $250,000
20 Year Old $13.72 $20.05 $24.71 $50.68
30 Year Old $14.16 $20.92 $25.14 $51.77
40 Year Old $14.92 $22.45 $35.32 $77.21
50 Year Old $24.49 $41.59 $74.56 $175.31
55 Year Old $37.95 $68.51 $128.41 $309.94
Fidelity Non Med Quotes For Female 20 Year Term
Samples only. Based on healthy, non tobacco individuals. Subject to change.
Age $25,000 $50,000 $100,000 $250,000
20 Year Old $13.70 $20.01 $17.57 $32.84
30 Year Old $14.14 $20.88 $19.49 $37.63
40 Year Old $14.88 $22.36 $30.02 $63.95
50 Year Old $20.40 $33.41 $52.90 $121.15
55 Year Old $27.49 $47.59 $81.61 $192.92
*Monthly premiums. Quotes provided are based on limited input. Quotes are for informational purposes only. Your rates may vary and will depend on the carrier’s life insurance underwriting procedures.
Bottom Line – Fidelity is priced higher than some of our other top-rated no physical life insurance companies.
However, they are an exceptional life insurance company with some desirable policy features.
Other No Physical Life Insurance Companies
In addition to our top 5 recommended carriers, there are a number of other companies worth mentioning.
Think of the following as honorable mention companies.
Keep in mind – the following companies only skip the physical under certain conditions. You must qualify via the company’s health and lifestyle questionnaires.
Typically referred to as accelerated underwriting – you must qualify to bypass the physical via the company’s health and lifestyle questionnaires.
Assurity
No physical policy name:
Assurity Term Life Accelerated Underwriting
Wait Time: minutes
Issue Ages: 18 – 65 years
Policy Amount: $50,000 – $500,000
Policy Length: 10, 15, 20, 30 years
Available Riders
Included with purchase:
- Accelerated Benefits
For an additional cost:
- Critical Illness
- Monthly Disability Income
- Return of Premium Benefit
Savings Bank Mutual Life Insurance Company of Massachusetts
No physical policy name:
Wait Time: a few days
Issue Ages: 18 – 60 years
Policy Amount: $100,000 – $500,000
Policy Length: 10, 15, 20, 25, 30 years
Available Riders
Included with purchase:
- Accelerated Death Benefit
For an additional cost:
- Children’s Level Term
- Waiver of Premium
Mututal of Omaha
No physical policy name:
Mutual of Omaha Term Life Express
Wait Time: couple weeks
Issue Ages: 18 – 65 years
Policy Amount: $25,000 – $300,000
Policy Length: 10, 15, 20, 30 years
Available Riders
Included with purchase:
- Accelerated Death Benefit
- Living Benefit (non-ROP policies)
- Chronic Illness
- Terminal Illness
- Critical Illness
- Residential Damage
- Waiver of Premium for Unemployment
- Common Carrier Death Benefit
For an additional cost:
- Disability Income
- Disability Waiver of Premium
- Accidental Death Benefit
- Dependent Children’s Coverage
Note – Mutual of Omaha Term Life Express is a true no exam product, meaning that the medical exam is always skipped.
John Hancock
No physical policy name:
Wait Time: 3 days
Issue Ages: 18 – 60 years
Policy Amount: $100,000 – $3,000,000
Policy Length: 10, 15, 20 years
Available Riders
For an additional cost:
- Long-Term Care
Lincoln
No physical policy name:
Wait Time: 48 hours
Issue Ages: 18 – 60 years
Policy Amount: $100,000 – $1,000,000
Policy Length: 10, 15, 20, 30 years
Available Riders
Included with purchase:
- Accelerated Benefit
For an additional cost:
- Waiver of Premium
- Children’s Level Term Insurance Benefit
Banner
No physical policy name:
Wait Time: 48 hours
Issue Ages: 20 – 50 years
Policy Amount: $100,000 – $1,000,000
Policy Length: 10, 15, 20, 25, 30 years
Available Riders
Included with purchase:
- Accelerated Death Benefit
Transamerica
No physical policy name:
Trendsetter Living Benefits Term
Wait Time: about one week
Issue Ages: 18 – 60 years
Policy Amount: $25,000 – $249,000
Policy Length: 10, 15, 20, 25, 30 years
Available Riders
Included with purchase:
- Accelerated Death Benefit
- Income Protection (optional)
For an additional cost:
- Waiver of Premium
- Children’s Insurance
- Accidental Indemnity
- Disability Income
Prudential
No physical policy name:
Wait Time: a few days
Issue Ages: 18 – 50 years
Policy Amount: $50,000 – $500,000
Policy Length: 10, 20, 30 years
Note – SimplyTerm does not offer riders at this time.
Ameritas 
No physical policy name:
Ameritas FLX Living Benefits Term
Wait Time: about one week
Issue Ages: 0 – 60 years
Policy Amount: $50,000 – $300,000
Policy Length: 10, 15, 20, 25, 30 years
Available Riders
Included with purchase:
- Accelerated Death Benefit
For an additional cost:
- Waiver of Premium
- Accidental Death
- Children’s Insurance
United Home Life
No physical policy name:
Wait Time: 3 days
Issue Ages: 20 – 60 years
Policy Amount: $25,000 – $300,000
Policy Length: 20, 20 years
Available Riders
Included with purchase:
- Terminal Illness Accelerated Benefit
For an additional cost:
- Total and Permanent Disability Benefit
- Accidental Death Benefit
- Child Rider
What You Need To Know
There is no one-size-fits-all no physical life insurance policy.
Every life insurance carrier has their own underwriting procedures and protocols.
What It Means For You
Think of each no physical carrier as a specialist in various underwriting niches.
For example, if you are overweight, there are a couple of carriers that are ideal to apply with.
On the other hand, if you use tobacco, other companies offer competitive rates for tobacco use.
Some carriers specialize in providing coverage to those who are older or have a medical condition (like a history of cancer).
Those in need of coverage for an SBA loan will find certain carriers specialize in a quick collateral assignment.
Alternatively, if you need life insurance for a divorce, a few carriers issue court-ordered policies quickly.
Another common no physical life insurance strategy is to stack life insurance – likely utilizing multiple carriers.
Important – It’s highly recommended you not apply with a specific life insurance carrier on your own.
Why? Your data on the application, should something concerning pop-up (let’s say a medical condition), can become available to all other life insurance carriers and can be held against you in a future application.
Worst-case scenario? Let’s say your application indicates a serious condition that prohibits you from qualifying from traditional coverage.
In that case, your only option would be guaranteed issue life insurance.
What to do instead – Collaborate with an independent agency to shop around for you and find the best non-physical company and policy to fit your needs.
How To Get The Best Rates
There are two steps you need to take in order to find the best no exam life insurance policy to fit your needs.
1. Partner Up
This is the most important step. You need an expert independent agent to collaborate with. An independent agent is not held captive to a particular life insurance company.
That way, your best interest is at heart and you will have access to all the top non-med life insurance carriers.
2. Prepare
Be ready to communicate effectively during the application process.
Write down information about your medical history, medications, and lifestyle so that your answers are readily available.
To start, fill out your free quote.
