In this review of the current innovators we will point out, the company, our favorite no medical exam policies, and the company’s financial strength. The good news is the premiums on these accelerated underwriting policies are very similar, if not the same, as old school fully underwritten policies. The primary criteria for making our top no exam life insurance list was (1) the company had to offer accelerated automated underwriting (2) the policy had to be a valuable addition to anyone looking for cash value accumulation or have a convertible term option and (3) the company must have high life insurance ratings from the top agencies. Applicant data, including medical records, will be shared with the different insurance companies that participate in the use of this new technology. The companies mentioned will perform all the typical background checks, including checking the MIB, Prescription database and Motor Vehicle Records.Īnd with some no medical companies, a public record search and property records search may also be done.īut the good news is, if you qualify, no medical exam, blood work, or urine sample is required.Īnd with the advent of blockchain, certain companies are working on ways to use block-chain technology for life insurance underwriting.

Two, we also want to bring attention to the specific no exam life insurance policies offered.įor compliance purposes we have to mention that, although many of these no exam life insurance policies are not traditionally underwritten, they still are fully underwritten. One, we want to bring attention to the best no exam life insurance companies offering cash value policies. In the following article, we will turn the spotlight on these innovators that are exploring and refining automated accelerated underwriting. Information is more readily accessible than at any other time in history.Īs a result, a few brave pathfinders are breaking away from the mold and creating new opportunities and reaching more clients than ever before. The traditional way of doing business is being upended in light of new innovation and technology. The life insurance industry is going through a seismic shift.

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