Houston TX Whole Life Insurance No Medical Exam

Are you looking for a Houston, TX whole life insurance no medical exam policy that’s available to you? Perhaps you’re wondering what type of life insurance is whole insurance. Or maybe you’re wondering how life insurance policies involve a medical exam? Or perhaps you’re curious what conditions it has.

Why would you want life insurance? Life insurance policies allow you to protect your family after your death financially. If you are the person responsible for financial obligations in your family, your family will lose out on income after your passing. Having life insurance will ensure that your family has something to rely on as they get back on their feet.

If you need a Houston TX Whole Life Insurance No Medical Exam, Best Life Insurance Houston Agency can help.

There are several types of life insurance policies. Depending on your personal circumstances, your choice may differ from another person. These factors include your age, health, medical history, and financial status. However, it can also include what you and your family want and need.

You can separate life insurance policies into two groups: term insurance and permanent insurance. Both have their own pros and cons, and the deciding factor may be what you want out of it.

Term insurance is temporary life insurance. It lasts only for a short period, a term if you will, and is the most affordable insurance option. However, besides the guaranteed death benefit, it doesn’t offer much else.

Permanent insurance lasts for the rest of your lifespan. Along with the guaranteed death benefits, your account will also include a cash value. Whole life insurance is one of the types of traditional life insurance.

What does whole life insurance exactly entail? As mentioned, it’s a type of permanent life insurance. That means it’ll protect you for the rest of your life, regardless of how old you are, so long as the premiums are paid. Whole life insurance also guarantees level death benefits and premiums throughout the policy’s existence.

So what are death benefits and premiums? Death benefits are the cash payout your family will receive after your passing. On the other hand, premiums are the payments you put toward keeping the policy active. Having level premiums means the amount you pay will stay the same throughout the policy.

Whole life insurance also includes a cash value. For whole life insurance policies, the cash value grows at a fixed rate. Once the account builds up enough cash value, you can withdraw it as a loan. Some people use their cash value as a supplemental retirement fund, although you can use it to fund your children’s school and other things.

Once you decide on buying whole life insurance, you now need to go through the application process. The details may vary by life insurance companies, but they all ask for mainly the same information. The amount you’re likely to receive varies depending on your age, financial status, family history and health, and hobbies and lifestyle. And the easiest way to ensure you’re healthy is through a medical exam.

Why a Medical Exam?

So why do insurance policies require a medical exam? Life insurance companies work in the risk management business, after all. They want to make sure that you’re not likely to die the next day when you buy life insurance coverage. To do so, they require a medical exam.

Even if you can guarantee you’re in good health, life insurance companies want to be totally sure. By conducting a medical exam, the doctor can uncover a condition that you not have been aware of. Or your doctor may not, but not the insurance company knows enough to offer you the best options.

Get a medical exam so we can help you get the life insurance coverage you need.

The medical exam that life insurance policies want is actually simple, although time-consuming. Most will take at least thirty minutes to an hour or so of your time. You may need to schedule an entire morning or afternoon for the entire process. The doctor will ask you some basic health questions and conduct a few tests, including a blood test.

However, we do offer some Houston, TX whole life insurance no medical exam options. These plans are typically for the young and healthy. By offering your most recent doctor’s visit results or answering some basic health questions, we may be able to waive the medical exam altogether.

Of course, we can work out other options for you too. Even if you don’t go through a medical exam, we still have some options for whole life insurance that you can choose. However, they may not be the best options since you’re paying for the increased risk of not having a medical exam.

Other Possible Options that Don’t Require a Medical Exam

One of the insurance options that doesn’t require a medical exam is guaranteed issue life insurance. This option is a last resort option because it’s open to everyone. For those whose health won’t qualify them for other types of insurance, this insurance may be their only option.

However, because it’s an option for everyone, there are a few catches. Since it doesn’t require a medical exam, you may only have enough death benefits to cover your final expenses. That means the money may only cover your funeral, burial, and remaining medical bills.

Not to mention, there’s something called a “graded death benefit.” That means when you choose this insurance option, it won’t become active for at least one or two years. So if you die from an accidental death before the two years are up, your beneficiaries may not receive the full amount of the payout.

Contacting One of Our Agents

Contact Best Life Insurance Houston Agency if you have any questions.

Buying life insurance is an important decision. It’ll allow you to protect your family in case of an accident financially or to prepare them for the inevitable. And choosing the right option for you and your family is essential to getting the coverage you need.

Regardless, whether or not you decide to go through with a whole life insurance policy with no medical exam, you should speak with an insurance agent. They’ll be able to show you all your available options.

So call us or visit Best Life Insurance Houston Agency to schedule an appointment with any of our insurance agents today. We’ll be able to tell you if there are any Houston, TX whole life insurance no medical exam options available to you.

Houston, Texas Fun Facts:

Houston’s nickname is “Space City.”
The Lunar Receiving Laboratory was the first to receive samples from the moon in 1969.
And speaking of, the word “Houston” is the first word that Neil Armstrong said on the moon.
NASA, or rather the Johnson Space Center which holds NASA’s central command, is in Houston.
For more information, visit Houston’s official page.