Considering life insurance but unsure if you need a medical exam? It’s not always required so read on to find out if it’s relevant to you.
Before you purchase a life insurance policy, your insurer’s goal is to offer you the most suitable coverage that’s specifically tailored to your needs. Our friendly underwriters will ask you some questions about your health. For example, when they inquire about your height and weight, it's just to calculate your body mass index (BMI), which gives them a better understanding of your overall health and weigh your risk against developing various diseases. If you’re interested to know your BMI, you can use our easy-to-use online calculator over here.
When A Medical Really Matters
Now, let's talk about why a medical exam could be in your best interest. Along with your BMI, your insurer will also ask about your medical history. Depending on your responses, there might be a need for a medical examination. Again, this is simply to accurately assess your level of risk and calculate the perfect premium for the best coverage possible, just for you.
We highly recommend disclosing any pre-existing conditions during the application process. Many life insurers cover individuals with chronic conditions like high blood pressure. However, premiums are determined based on the associated level of risk. So, it's essential to be truthful. Non-disclosure could result in claim denial later on, and we certainly don't want that for you.
If you're considering life insurance, why wait? It's always a wise decision to secure coverage, especially while you're young and in good health. This way, you’ll be considered as being at a lower risk of filing a claim, greatly reducing the likelihood of requiring a medical examination and possibly even lead to lower premiums!
So, why not get a quick online quote from MiWayLife today? We're here to help you get the best possible coverage and protect the people you love.
