Foresters No Exam Life Insurance Review: See Sample Rates, Policy Details, & How To Apply
last updated on March 15, 2024Foresters Financial offers a no exam life insurance policy called Foresters Your Term – No Exam.
Is this policy right for you? Read on to find out.
In this article, we will explain the policy details, share sample quotes, and how to apply.
Table Of Contents
- About Foresters Financial Life Insurance Company & Ratings
- Foresters Your Term No Exam Life Insurance Policy Review
- How Much Does Foresters No Exam Life Insurance Policy Cost?
- Is Foresters No Medical Exam Life Insurance Policy Right for You?
- How to Apply for No Exam Life Insurance with Foresters
About Foresters Financial Life Insurance Company & Ratings
Foresters Financial is an international financial services provider headquartered in New York City, New York.
They were founded in 1874 and have a long history of providing excellent life insurance products to their clients.
Unique to Foresters, The Independent Order of Foresters, a fraternal benefit society (a member organization with shared values), underwrites their life insurance.
As a fraternal benefit society, The Independent Order of Foresters (Foresters) provides family financial products and services to its members; strives to make its members’ communities better places. – The Independent Order of Foresters
Financial Strength Rating: “A”(Excellent) (A.M. Best, 2024)
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.
Foresters offers no physical life insurance called Foresters Your Term – No Exam. No physical life insurance does not require medical procedures during the application process.
While Foresters Your Term – No Exam is a popular non-med life insurance product, it’s important to remember that every life insurance company is unique in its features and underwriting procedures. Your needs will determine which life insurance company is best to apply with.
Foresters Your Term No Exam Life Insurance Policy Review
The most important aspects of no medical exam life insurance to consider are:
- 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 amount (policy size) the life insurance company offers
- Policy length – the number of years the life insurance company will allow the policy to last
Let’s take a deeper look at these details for Foresters Your Term – No Exam life insurance policy.
1. Foresters No Exam Life Insurance Approval is within Minutes
Foresters Your Term – No Exam policy decisions are often made within minutes. Their wait time is typically one of the quickest compared to other top-rated no physical carriers.
2. The Your Term – No Exam Policy is Available for Ages 18-80
Policies are offered to applicants between the ages of 18 – 80 years old. Many popular no physical carriers do not offer policies up to age 80, and often limit their issue age to 65. If you are older than 65 (and issue age 80 or younger), Foresters is an excellent no physical life insurance carrier.
3. The Your Term – No Exam Policy Amounts Range from $50,000 – $400,000
Your policy size can range from $50,000 – $400,000 – that’s fairly standard for no physical life insurance. If you are looking for a policy amount that is larger or smaller, evaluate our best no physical life insurance carriers.
Important – Policy amounts are limited by issue age. See below:
4. Foresters No Exam Life Insurance Provides 5 Term Options
Foresters Your Term – No Exam offers one of the widest ranges of policy lengths.
- 10-year term
- 15-year term
- 20-year term
- 25-year term
- 30-year term
Important – Term lengths are limited by age and tobacco use. See below:
5. Foresters Your Term – No Exam Policy Includes Riders
Foresters Your Term – No Exam is known for their generous 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, 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 add-ons for an additional cost:
- Accidental Death Benefit: An amount paid in addition to the standard benefit payable if the insured died of natural causes.
- Disability Income Protection: Available in two versions: for accidents only or for both accidents and illness.
- Waiver of Premium: Helps you maintain your valuable life insurance coverage if you are totally disabled and unable to work.
How Much Does Foresters No Exam Life Insurance Policy Cost?
Researching to see sample quotes for monthly premiums can help in your decision-making process. Here are some sample quotes for Foresters Your Term – No Exam policy for 10 and 20-year terms.
Sample Rates for Foresters 10-Year Term Life Insurance
Foresters Quotes: Male 60 - 69
| $50,000 | $100,000 | $150,000 | |
|---|---|---|---|
| 60 Year Old | $47.91 | $89.69 | $131.47 |
| 61 Year Old | $55.83 | $105.53 | $155.23 |
| 62 Year Old | $62.04 | $117.95 | $173.86 |
| 63 Year Old | $68.16 | $130.20 | $192.24 |
| 64 Year Old | $74.33 | $142.54 | $210.74 |
| 65 Year Old | $80.46 | $154.79 | $229.12 |
| 66 Year Old | $87.28 | $168.44 | $249.59 |
| 67 Year Old | $94.11 | $182.09 | $270.07 |
| 68 Year Old | $100.93 | $195.74 | $290.54 |
| 69 Year Old | $110.29 | $214.46 | $318.63 |
Foresters Quotes: Female 60 - 69
| $50,000 | $100,000 | $150,000 | |
|---|---|---|---|
| 60 Year Old | $34.26 | $62.39 | $90.52 |
| 61 Year Old | $39.46 | $72.80 | $106.14 |
| 62 Year Old | $43.01 | $79.89 | $116.77 |
| 63 Year Old | $46.55 | $86.98 | $127.40 |
| 64 Year Old | $51.10 | $96.08 | $141.05 |
| 65 Year Old | $56.00 | $105.88 | $155.75 |
| 66 Year Old | $61.12 | $116.11 | $171.11 |
| 67 Year Old | $66.24 | $126.35 | $186.46 |
| 68 Year Old | $71.40 | $136.68 | $201.95 |
| 69 Year Old | $81.38 | $156.63 | $231.88 |
Foresters Quotes: Male 70 - 80
| $50,000 | $100,000 | $150,000 | |
|---|---|---|---|
| 70 Year Old | $124.03 | $241.94 | $359.84 |
| 71 Year Old | $134.14 | $262.15 | $390.16 |
| 72 Year Old | $144.20 | $282.28 | $420.35 |
| 73 Year Old | $154.26 | $302.40 | $450.54 |
| 74 Year Old | $164.37 | $322.61 | $480.86 |
| 75 Year Old | $174.43 | $342.74 | $511.04 |
| 76 Year Old | $208.29 | $410.46 | $612.63 |
| 77 Year Old | $238.48 | $470.84 | $703.19 |
| 78 Year Old | $266.00 | $525.88 | $785.75 |
| 79 Year Old | $293.24 | $580.56 | $867.78 |
| 80 Year Old | $330.93 | $655.73 | $980.53 |
Foresters Quotes: Female 70 - 80
| $50,000 | $100,000 | $150,000 | |
|---|---|---|---|
| 70 Year Old | $92.09 | $178.06 | $264.03 |
| 71 Year Old | $98.39 | $190.66 | $282.93 |
| 72 Year Old | $106.79 | $207.46 | $308.13 |
| 73 Year Old | $115.19 | $224.26 | $333.33 |
| 74 Year Old | $123.55 | $240.98 | $358.40 |
| 75 Year Old | $131.51 | $256.90 | $382.29 |
| 76 Year Old | $144.11 | $282.10 | $420.09 |
| 77 Year Old | $172.68 | $339.24 | $505.79 |
| 78 Year Old | $200.20 | $394.28 | $588.35 |
| 79 Year Old | $222.21 | $438.29 | $654.37 |
| 80 Year Old | $250.69 | $459.25 | $739.81 |
Sample Rates for Foresters 20-Year Term Life Insurance
Foresters Quotes: Male 18 - 29
| $50,000 | $100,000 | $200,000 | $400,000 | |
|---|---|---|---|---|
| 18 Year Old | $12.74 | $18.81 | $31.50 | $56.88 |
| 19 Year Old | $12.74 | $18.81 | $31.50 | $56.88 |
| 20 Year Old | $12.47 | $18.81 | $31.50 | $56.88 |
| 21 Year Old | $12.47 | $18.81 | $31.50 | $56.88 |
| 22 Year Old | $12.47 | $18.81 | $31.50 | $56.88 |
| 23 Year Old | $12.47 | $18.81 | $31.50 | $56.88 |
| 24 Year Old | $12.47 | $18.81 | $31.50 | $56.88 |
| 25 Year Old | $12.47 | $18.81 | $31.50 | $56.88 |
| 26 Year Old | $12.60 | $19.08 | $32.03 | $57.93 |
| 27 Year Old | $12.69 | $19.25 | $32.38 | $58.63 |
| 28 Year Old | $12.78 | $19.43 | $32.73 | $59.33 |
| 29 Year Old | $12.95 | $19.78 | $33.43 | $60.73 |
Foresters Quotes: Female 18 - 29
| $50,000 | $100,000 | $200,000 | $400,000 | |
|---|---|---|---|---|
| 18 Year Old | $10.50 | $14.88 | $23.63 | $41.13 |
| 19 Year Old | $10.50 | $14.88 | $23.63 | $41.13 |
| 20 Year Old | $10.50 | $14.88 | $23.63 | $41.13 |
| 21 Year Old | $10.50 | $14.88 | $23.63 | $41.13 |
| 22 Year Old | $10.50 | $14.88 | $23.63 | $41.13 |
| 23 Year Old | $10.50 | $14.88 | $23.63 | $41.13 |
| 24 Year Old | $10.50 | $14.88 | $23.63 | $41.13 |
| 25 Year Old | $10.50 | $14.88 | $23.63 | $41.13 |
| 26 Year Old | $10.94 | $15.75 | $25.38 | $44.63 |
| 27 Year Old | $11.07 | $16.01 | $25.90 | $45.68 |
| 28 Year Old | $11.11 | $16.10 | $26.08 | $46.03 |
| 29 Year Old | $11.20 | $16.28 | $26.43 | $46.73 |
Foresters Quotes: Male 30 - 39
| $50,000 | $100,000 | $200,000 | $400,000 | |
|---|---|---|---|---|
| 30 Year Old | $12.99 | $19.86 | $33.60 | $61.08 |
| 31 Year Old | $13.17 | $20.21 | $34.30 | $62.48 |
| 32 Year Old | $13.21 | $20.30 | $34.48 | $62.83 |
| 33 Year Old | $13.26 | $20.39 | $34.65 | $63.18 |
| 34 Year Old | $13.26 | $20.39 | $34.65 | $63.18 |
| 35 Year Old | $13.30 | $20.48 | $34.83 | $63.53 |
| 36 Year Old | $13.83 | $21.53 | $36.93 | $67.73 |
| 37 Year Old | $14.70 | $23.28 | $40.43 | $74.73 |
| 38 Year Old | $15.58 | $25.03 | $43.93 | $81.73 |
| 39 Year Old | $16.41 | $26.69 | $47.25 | $88.38 |
Foresters Quotes: Female 30 - 39
| $50,000 | $100,000 | $200,000 | $400,000 | |
|---|---|---|---|---|
| 30 Year Old | $11.29 | $16.45 | $26.78 | $47.43 |
| 31 Year Old | $11.46 | $16.80 | $27.48 | $48.83 |
| 32 Year Old | $11.90 | $17.68 | $29.23 | $52.33 |
| 33 Year Old | $11.94 | $17.76 | $29.40 | $52.68 |
| 34 Year Old | $11.99 | $17.85 | $29.58 | $53.03 |
| 35 Year Old | $11.99 | $17.85 | $29.58 | $53.03 |
| 36 Year Old | $12.91 | $19.69 | $33.25 | $60.38 |
| 37 Year Old | $13.65 | $21.18 | $36.23 | $66.33 |
| 38 Year Old | $13.96 | $21.79 | $37.45 | $68.78 |
| 39 Year Old | $14.66 | $23.19 | $40.25 | $74.38 |
Foresters Quotes: Male 40 - 49
| $50,000 | $100,000 | $200,000 | $400,000 | |
|---|---|---|---|---|
| 40 Year Old | $17.37 | $28.61 | $51.10 | $96.08 |
| 41 Year Old | $17.94 | $29.75 | $53.38 | $100.63 |
| 42 Year Old | $18.64 | $31.15 | $56.18 | $106.23 |
| 43 Year Old | $19.82 | $33.51 | $60.90 | $115.68 |
| 44 Year Old | $20.91 | $35.70 | $65.28 | $124.43 |
| 45 Year Old | $22.05 | $37.98 | $69.83 | $133.53 |
| 46 Year Old | $23.58 | $41.04 | $75.95 | $145.78 |
| 47 Year Old | $25.16 | $44.19 | $82.25 | $158.38 |
| 48 Year Old | $26.73 | $47.34 | $88.55 | $170.98 |
| 49 Year Old | $28.31 | $50.49 | $94.85 | $183.58 |
Foresters Quotes: Female 40 - 49
| $50,000 | $100,000 | $200,000 | $400,000 | |
|---|---|---|---|---|
| 40 Year Old | $15.27 | $24.41 | $42.70 | $79.28 |
| 41 Year Old | $17.54 | $28.96 | $51.80 | $97.48 |
| 42 Year Old | $18.07 | $30.01 | $53.90 | $101.68 |
| 43 Year Old | $18.86 | $31.59 | $57.05 | $107.68 |
| 44 Year Old | $19.64 | $33.16 | $60.20 | $114.28 |
| 45 Year Old | $20.96 | $35.79 | $65.45 | $124.78 |
| 46 Year Old | $22.53 | $38.94 | $71.75 | $137.38 |
| 47 Year Old | $23.84 | $41.56 | $77.00 | $147.88 |
| 48 Year Old | $25.20 | $44.28 | $82.43 | $158.73 |
| 49 Year Old | $26.51 | $46.90 | $87.68 | $169.23 |
Foresters Quotes: Male 50 - 59
| $50,000 | $100,000 | $200,000 | $400,000 | |
|---|---|---|---|---|
| 50 Year Old | $29.88 | $53.94 | $101.15 | $196.18 |
| 51 Year Old | $32.24 | $58.36 | $110.60 | $215.08 |
| 52 Year Old | $35.57 | $65.01 | $123.90 | $241.68 |
| 53 Year Old | $38.06 | $70.00 | $133.88 | $261.63 |
| 54 Year Old | $42.44 | $78.75 | $151.38 | $296.63 |
| 55 Year Old | $45.02 | $83.91 | $161.70 | $317.28 |
| 56 Year Old | $52.06 | $98.00 | NA | NA |
| 57 Year Old | $57.79 | $109.46 | NA | NA |
| 58 Year Old | $63.44 | $120.75 | NA | NA |
| 59 Year Old | $69.13 | $132.13 | NA | NA |
Foresters Quotes: Female 50 - 59
| $50,000 | $100,000 | $200,000 | $400,000 | |
|---|---|---|---|---|
| 50 Year Old | $28.61 | $51.10 | $96.08 | $186.03 |
| 51 Year Old | $30.06 | $53.99 | $101.85 | $197.58 |
| 52 Year Old | $32.03 | $57.93 | $109.73 | $213.33 |
| 53 Year Old | $34.04 | $61.95 | $117.78 | $229.43 |
| 54 Year Old | $37.10 | $68.08 | $130.03 | $253.93 |
| 55 Year Old | $38.54 | $70.96 | $135.80 | $265.48 |
| 56 Year Old | $45.37 | $84.61 | NA | NA |
| 57 Year Old | $49.57 | $93.01 | NA | NA |
| 58 Year Old | $53.68 | $101.24 | NA | NA |
| 59 Year Old | $57.88 | $109.64 | NA | NA |
Important Features of Foresters Your Term – No Exam Quotes
- Foresters will issue no physical life insurance policies up to age 80 (with some limits)
- Premium payments (the amount you pay for life insurance) are most competitive with their fully underwritten (think medical exam) policies for:
- Younger ages
- Smaller policy size (such as a $50,000 life insurance policy)
- Non-tobacco
- Foresters offers two health classes: Standard and Tobacco
Foresters 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
Unique Benefits to Foresters Policyholders
As a policyholder, you become a member of The Independent Order of Foresters. This means you are entitled to:
- Competitive academic scholarships
- Financial counseling
- Discounted legal services
- Volunteering opportunities
Is Foresters No Medical Exam Life Insurance Policy Right for You?
Whether or not Foresters is the right no physical life insurance company to apply with depends on a number of things:
- Age/Gender
- Health status
- Medical history
- Occupation
- Hobbies
- Lifestyle
- Desired policy amount
- Desired policy length
Every no physical life insurance carrier is different. Your unique needs will determine which company is the best fit.
Key takeaway – Foresters may be an excellent fit for your needs. You will want to collaborate with an independent agent for the most competitive rates.
How to Apply for No Exam Life Insurance with Foresters
Foresters Your Term – No Exam uses a lightning-fast application process. Often, a policy decision is made within 10 minutes. Anticipate a simple, straightforward phone conversation when applying.
There are two things you need to do in order to secure the best policy you qualify for:
1. Collaborate with an Independent Agent
Here’s why: It’s important to not apply with a specific life insurance company. Why? Should something concerning show up on your application, such as a pre-existing medical condition, that information could be available to other life insurance companies.
An independent agent is not held captive to a particular carrier. They have your best interest at heart and will do the shopping for you.
2. Prepare
- Be ready to answer your phone interview questions. Your phone interview will include questions about:
- Your medical history. For example, have you experienced any of the following –
- History of alcohol abuse
- Chest pains
- Cysts, lumps, or tumors
- Drug or substance abuse
- Mental health treatment
- Prescribed medications
- History of major illness (for example, you are a cancer patient)
- Military service
- History of criminal activity (jail, probation/parole, pending charges)
- Driving record (DUI)
- Occupation
- Hobbies/Avocations (i.e. private pilot, rock climbing, skydiving)
- Lifestyle (i.e. tobacco use)
- Your medical history. For example, have you experienced any of the following –
By having your medical history, medications, occupation, and lifestyle information readily available, your application process is streamlined.
A Note About Marijuana Use
Marijuana use of up to 6 times per week is accepted at Standard, non-tobacco rates. You will likely need to complete a drug questionnaire during the application, but no medical exam is required.
Upon completion of your phone interview, you will be offered one of two rate classes if you are approved:
- Standard
- Tobacco
Note – Declines do happen from time to time. However, it’s important to remember that there’s always life insurance options available, even after a decline.
FAQ’s
Yes, Foresters also offers a no exam term life plan called Foresters Strong Foundation. This option allows for more health risks than the Your Term product without a physical requirement.
No, Foresters offers participating whole life that does not automatically require an exam.
Yes, Forester Life offers a plan that has no exam but only covers death due to accidental causes.
Yes, Foresters Life Insurance plans include some accelerated death benefit riders. These may include accelerated access if the insured is diagnosed with a covered illness. These may include critical, chronic and terminal illness.
This is designed to offer a higher death benefit if you die of accidental injuries when riding as a fare-paying passenger on a common carrier plane, bus or train.
This benefit offers up to 1% of the death claim paid to a registered charity. The payment is made in the name of the insured and will not impact the amount of the claim paid to your beneficiary.
To get started, simply fill out our instant quote.
2 Comments
ROBERT FERRIS
I AM LOOKING FOR LIFE INS WITH NO EXAM TO REPLACE ANOTHER POLICY THAT HAS RISEN TO MUCH CAN YOU HELP ME I AM GETTING QUOTES AT THIS TIME AND I NEED TO GET BEFORE MONDAY AT MY 71 BIRTHDAY THANK YOU ROBERT
Bennett Bier
Robert I received your request and have started working on finding the best life insurance options for you. Thanks Bennett Bier 800-611-9622