![]() ![]() Anyone between the ages of 20 and 85 can apply for coverage. Terms lengths include 10, 15, 20, and 30 years. The ability to opt for a low coverage amount will give you the customized coverage you need without exceeding your budget. You can apply for policies ranging from $20,000 to $2 million in coverage. Ethos: Best for low minimum policy valuesĮthos offers a fast online life insurance application process. Best, Transamerica is in a good position to pay out promised claims. The big selection of riders allows you to customize the policy to suit your needs. For example, you could add a monthly disability income rider to supplement your own income after developing a disability. The company also offers a slew of insurance riders. The coverage levels available range from $25,000 to $2 million, with term length options of 10, 15, 20, 25, and 30 years. Anyone between the ages of 18 and 80 can apply for a no-medical-exam insurance policy through the company. Transamerica stands apart from other companies in terms of applicant ages. Despite the low maximum coverage, it might be the right choice for those covering final expenses or paying off a specific loan. Best, which indicates significant financial strength. State Farm has earned an A++ rating from A.M. The policy only offers coverage for a maximum of 10 years, or until you turn 50. You don’t need to submit to a medical exam, but State Farm’s Instant Answer Term Insurance offers a maximum death benefit of $50,000. You’ll have someone available to guide you through the process, but you won’t be able to complete an online application. State Farm requires policyholders to purchase Instant Answer Term Insurance through an agent’s office. State Farm: Best for working with an agent Haven Life has earned 4.4 out of 5 stars on Trustpilot and an A++ A.M. One drawback is that this policy isn’t available to residents of California, Delaware, South Dakota, North Dakota, or New York. Once approved, you can finalize your coverage by paying in a matter of minutes. And the term lengths available include 5, 10, 15, and 20 years.Īnyone from the age of 20 to 55 can apply. The coverage limits range from $25,000 to $500,000. Instead of completing a medical exam, you can apply online by answering a few questions about your health. Haven Life offers a no-medical-exam policy option called Haven Simple. Haven Life: Best for convenient online application Best, which is a top mark for financial strength. The limitations of this policy make it work best for those with limited coverage needs. However, the policy will expire when you turn 39. If approved, you’ll have $100,000 in coverage. The application process involves a few medical history and lifestyle questions. Anyone between the ages of 21 and 35 can apply for USAA’s Essential Term Life Insurance policy, except for New York residents. Though USAA often limits its customer base to those with a military association, that’s not the case for life insurance. The company provides you coverage options to adjust as your life insurance needs change. If you lower your coverage, you’ll likely pay a lower monthly premium.Ī Trustpilot rating of 4.8 out of 5 stars indicates that many customers are satisfied with coverage from Ladder. Once you have your policy with Ladder, you have the option to apply for more or less coverage along the way for free. If approved, you can get coverage in a matter of minutes. For example, a 60-year-old applying for coverage can only obtain a 10-year term. Older applicants, however, will face term length limitations. You need to be between the ages of 20 and 60 years old to be approved, and the company issues term life insurance policies of 10, 15, 20, 25, and 30 years. You’ll answer a few questions about yourself to take the place of a medical exam. If you don’t want to complete a medical exam, you can apply for between $100,000 to $3 million in coverage. ![]() Ladder offers affordable life insurance policies that start at around $5 per month. Most reviewers highlight a positive experience. You can apply for $100,000 to $1.5 million in coverage, with term lengths of 10, 15, 20, 25, and 30 years.īestow has earned 4.5 out of 5 stars on Trustpilot. You need to be between the ages of 18 and 60 to apply. Healthy applicants might find coverage starting at just $11 per month. You can pay online to start coverage immediately following your approval. With the short application, you can complete this item on your to-do list in a matter of minutes. The fast application process doesn’t require an exam, but you’ll have to answer lifestyle and health questions. Bestow: Best for immediate coverageīestow offers life insurance policies online. Below, you’ll find a closer look at the top options. If you’re looking for the best companies for no-medical-exam life insurance, you’re in the right place. ![]() 7 best companies for no-medical-exam life insurance ![]()
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