Buying No Medical Term Life Insurance Online
In today's fast paced world, buying no medical exam life insurance online has become as common as hybrid cars. Non medical term life is a fantastic choice for those people who want to protect their loved ones but don't want the trouble of a doctor's visit. In this fast-paced and hectic world, most people do not have the time to take a day off for a medical exam to buy life insurance. Nobody wants to use a vacation day and who wants to spend a day off going to the doctor's office?
Non medical term life can usually be purchased online by filling out a simple application. Applicants must provide the insurance company with a host of answers that are then applied to calculate the cost of the policy. You normally have to give your height, weight, are you a smoker etc.
One of the first questions that comes up while shopping for a policy is, how much do I need? The answer hinges on what your short-term financial needs are. To figure this out, consider emergency expenses and outstanding short-term debts. Emergency expenses should include a nest egg to cover medical emergencies or repairs to your home. Short-term debts include credit card balances and car loans.
Some financial advisors will tell you to multiply your annual household earnings by 7. Others might tell you only to buy enough life insurance to cover you during your working life, and then invest the money you socked away for your retirement. There are even a few who would tell you to buy just enough insurance to cover your debts.
With technology these days, finding no exam insurance has never been so easy. When obtaining non medical term life you'll be asked about your medical history, and often times concerning the medical history of your family. This "online application" will help the life insurance agents decide whiter or not you're eligible for a no medical exam life insurance policy.
When you shop for insurance online, it is achievable to obtain a non medical policy. This pertains most often to term life insurance policies, so the easiest way to find non medical insurance is by reviewing a website with a large database of insurance companies that provide no medical exam term life insurance policies