Whenever you see, hear or read something that offers low expense insurance with no medical exam, you’ll most likely feel that someone’s out to pull the public’s leg once more. After all, why would any sensible legitimate insurance company be willing to insure any person without the assurance of a medical exam? There should be a catch, right?
But in truth, there’s no catch and companies who do offer low expense insurance with no medical exam have indeed legitimate, even benevolent, reasons for doing so.
Insurance Coverage is not a Huge Amount
A company will be definitely willing to offer you low expense insurance with no medical exam if you’re willing to insure yourself for only a small amount of money. If you are, then they have nothing to be afraid of. Even if you do get diagnosed with having cancer in the near future, their low expense insurance with no medical exam will only require them to pay up to the maximum amount of your policy, which is not that much in the first place and nothing else after that.
They Have Your Medical History on Their Hands
If your medical history has been recently updated – just a week ago, for instance – then why should they oblige you to undergo a medical exam and shoulder its costs when there’s absolutely no need? More likely than not, what their medical exam will reveal would tally with what your medical history reports. With your medical history in their hands, they already have everything they need to know and the data from those papers will let them know immediately if you indeed deserve low expense insurance with no medical exam.
They Understand You Have No Time to Spare
Insurance companies are able to understand that there are truly some people in this world who are extraordinarily busy with their career or business. If you don’t even have enough time for your family, how can they expect you to even have time to spare for a medical exam?
And rather than lose a new client just because of a piece of paper, insurance companies will instead offer you low expense insurance with no medical exam. Insurance companies are willing to have a paramedical examiner visit you instead. And if you still can’t fit that in your schedule then they’ll give you one last chance: fill up a medical survey questionnaire to ensure your application for low expense insurance with no medical exam to be approved.
They Understand You Find Hospitals, Doctors or Nurses are Traumatic
Emotional trauma can also be an acceptable reason for companies to offer you low expense insurance with no medical exam. As long as a psychologist is willing to attest and provide the necessary medical proof that you are indeed suffering from trauma or any similar emotional or psychological disorder, and this condition is making it impossible for you to be in contact with any medical professional, insurance companies will definitely be willing to insure you.
Besides having emotional trauma, it’s possible that you may also be hematophobic (afraid of blood) or belonephobic (afraid of needles). In such cases, it would naturally be impossible for you to take a medical exam. It’s not that you don’t want to, but you can’t and this once again serves as sufficient reason for an insurance company to offer you insurance without even taking a medical exam.
How to Choose the Best Provider for Low Expense Insurance with No Medical Exam
The first and most important rule is to deal only with reputable, legitimate, and established insurance providers. Know whether or not these companies are solvent enough to pay you off in the future.
Just like any other insurance coverage, you will also be offered a variety of options. Before making any decision, find out what each option stands for. While it’s certainly not advisable to sacrifice your future health by obtaining cheaper health insurance, make sure that you buy something you need as well.
And lastly, ask people you trust for referrals about low expense insurance with no medical exam.