Guide
No-exam life insurance
What accelerated underwriting means, who can qualify, how the process works, and what happens if you're not eligible for it.
A lot of carriers have rolled out accelerated underwriting: if you're within their age and coverage limits, they'll make a decision using your application answers plus their data (prescription records, driving history, etc.) instead of scheduling a paramedical exam. On accelerated programs, decisions sometimes come through on the same day. Each quote here will tell you whether the carrier requires a medical exam, might ask for one, or doesn't need one.
What it changes
Skipping an exam does not mean skipping thorough review. Underwriting still checks your answers carefully, and any errors discovered in the first two years could allow a carrier to contest or decline a claim. If anything in a carrier's records creates doubt, they may still ask you for an exam or lab results, and you'll have the choice to go forward or stop.
Who tends to qualify
Most candidates who qualify have not yet reached 60, are applying for amounts within the carrier's accelerated coverage limits, have no serious health issues on their record, and haven't used tobacco for a year or more. Some carriers will use results from a recent physical and bloodwork from your doctor instead of ordering a new exam.
When a health exam is needed, a paramedical examiner visits your house or workplace in the Norwalk area and the appointment usually takes 20 to 30 minutes—there's no charge to you. For people who are healthy, exam results often lead to better rate classifications, so it's not always a drawback.