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The 10 best life insurance policies without a degree for 2020

  businessman testing his clinical status (selective focus)

So you are not researching degree insurance and want to know the best companies? You're not alone. Most people would skip the life insurance medical examination if given the chance.

But here's the catch: Even if you are healthy, no degree life insurance policy can cost you 30% to 50% more than an insurance policy that requires a doctor's degree.

Which no degree companies have the lowest prices? Who is the fastest?

Top 10 No Degree Life Insurance Policies

Here is our list of the best companies that offer life insurance without a medical examination:

  1. American National [19659010] Fidelity Life
  2. Haven Life
  3. Foresters
  4. North American [19659010] Phoenix
  5. Principal
  6. Sagicor
  7. Ethos
  8. Bestow

American National

  American National Life Insurance logo
  • Coverage amount: $ 50,000 – $ 1,000,000
  • Age range: 0 – 60
  • Lengths: 5, 10, 15, 20, 30
  • Price ranges offered: All price ranges

American National has been around since 1905 and has received (A) ratings from both AM Best and Standard & Poor's. One of the best benefits of this policy is the Accelerated Death benefit which is included at no extra cost. This benefit is designed to pay a discounted portion of the death benefits if you are diagnosed with a life-changing illness. expectation of 12 to 24 months.

Chronic Illness – An insured who cannot perform two of six daily activities.

Critical Illness – Some of the critical illnesses covered by this policy would include: heart attack, stroke, cancer, blindness and other debilitating conditions.

This additional rider is great because you never know when any of the above situations may happen, and not everyone goes to make you lose your life. But they all have financial burdens.

Get prices from American National!

Fidelity Life

  fidelity life logo
  • Coverage amount: $ 50,000 – $ 250,000
  • Age range: 18 – 65 [19659010] Term lengths: 10, 15, 20, 30
  • Price ranges offered: Standard
  • RAPIDecision Express Product

Fidelity Life has been around since 1896 with a focus on giving everyday Central Americans peace of mind that comes with life insurance ownership, and they currently have an A (excellent) rating from AM Best.

Fidelity Life has invested heavily in the technology arena for its products, leading them to the RAPIDecisionSM Express product. This product is web-based and enables a fast, hassle-free shopping experience. You have only two possible outcomes with this product – approval or rejection – based on a standard health rating.

Along with their RAPIDecisionSM Express product, they also have a Rapid App application that allows you to be covered instantly or in as little as a few days. The best thing about this product is that there are no examinations, no tests, no waiting times or delays.

The issue depends only on the answers to a few health questions.

Get prices from Fidelity Life! [19659044] Haven Life

  haven life insurance logo
  • Coverage: $ 100,000 – $ 1,000,000
  • Age range: 18 – 64
  • Term lengths: 10, 15, 20, 30
  • Courses offered: Preferred, Standard Plus, Standard

Haven Life is a new entry in the life insurance field; however, they are supported by MassMutual. MassMutual has been around since 1851 and has solid financial support and A ++ (Superior) from AM Best.

What makes Haven Life so good is their innovative and consumer-oriented quotation system. Not only can you get a quote online but you can also submit your application and apply for life insurance online without a degree and without a representative.

You will also be able to get an immediate decision on the outcome of your insurance. , regardless of whether you are approved, rejected or need to take a medical examination.

Haven Life is the carrier for you if you want the best prices, limited agent interaction, an immediate decision, a real interest rate and coverage up to $ 1,000,000.

Get Rates From Haven Life!


  Foresters Financial Logo
  • Coverage: $ 50,000 – $ 400,000
  • Age Range: 18 – 80
  • Length: 10, 15, 20, 25, 30
  • Price Ranges Offered : Standard, standard tobacco

Forester has worked since 1874 and has an AM grade of A (excellent). Foresters is one of the few operators that offers a 25-year length option, which makes your Your Term product very appealing in terms of the length of coverage options.

Foresters also offers the Accelerated Death benefit option at no extra charge. The accelerated death benefit is another plus when it comes to the Your Term product from Foresters.

If you are at a higher health risk, Foresters will also be an excellent option for you.

North American

  North American Company
  • Coverage: $ 50,000 – $ 500,000
  • Age Range: 18 – 50
  • Term: 15, 20, 30
  • Offered Classes: Standard

North American has been around since 1886 and has A + (Superior) from AM Best. North Americans are proud to have one of the fastest application approval times.

They say that with their LifeVue product, "you can usually get coverage in less time than a lunch out with friends or your child's soccer practice." [19659003] North America's claim can be bold. But with the removal of an exam and a simplified application and approval process, North America can really get you covered through a simple phone call.

If you need quick coverage, a simple application and little or no warranty is made on your policy, North America will be the best option for you.

Phoenix Life

  Phoenix life no exam
  • Coverage amount: $ 24,000 – $ 400,000
  • Age Areas: 18 – 80
  • Term lengths: 10, 15, 20, 30
  • Price ranges as offered: Standard, Table rating

Phoenix Life has been around since 1851 and has a B (fair) rating from AM Best. A quick funny fact is that Phoenix Life assured President Abraham Lincoln in 1865. This is just a testament to their longevity and the trust they have gained over time.

Phoenix Life was the first to provide many insights into the life insurance industry, such as women's life expectancy over men or the harmful effects of tobacco use.

There is also an accelerated death benefit that covers critical, chronic and terminal illness.


  • Quick Online Application
  • Underwritten by Assurity
  • Quick Pay Outs
  ethos life insurance logo

Ethos is one of the newer life insurance companies quickly makes a name for itself with its fast on-line process that can be completed in less than ten minutes.

Ethos offers many flexible policies for a low monthly fee. They are also quick to pay out claims to the family when someone dies and within ten days.

Although relatively new, they are insured by the Assurance Life Insurance Company, which has been in existence for more than 100 years.

Get Rates From Ethos!


  • Coverage: Up to $ 1 Million
  • Term Lenths: 2, 10, 20
  • Approval Time: 10 Minutes!
  Bestow Life Insurance Logo

Bestow is another top life insurance provider that does not require medical examination or blood tests.

Their application is completely online and you can find out if you are eligible for coverage in ten minutes.

Bestow offers affordable maturities of up to $ 1,000,000 for individuals aged 21 to 54 years. Their insurance is offered for two, 10 and 20 years.

Get prices from donate!

Types of No Degree Life Insurance

Traditionally, life insurance requires a medical examination to qualify for an insurance policy. However, there is a way for you to get life insurance without a medical examination. Let's take a look at the types of no medical life insurance examination:

Simplified number

The simplified option of getting a non-medical life insurance will be your most expensive option but also your fastest way to

The reason for that these policies are the most expensive is that they require the lowest subscription level to get your approval. Because insurers do not get a complete picture of your health, they will charge more for the coverage.

Simplified products usually give only two insurance results, which are approved or rejected. This product does not require APS or medical records and almost never requires a telephone interview.

You can usually get either immediate approval or approval within two days.

RELATED: 5 Critical Tips You Must Know Before Buying Life Insurance

Guaranteed Edition

When it comes to getting life insurance premiums without a medical examination, it is relatively easy to qualify for a guaranteed issuance policy.

not requested, which will result in higher premiums. But if you have a pre-existing condition or other health problems, this may be the best option for you.

Because life insurance companies take a large risk without an investigation policy, they usually cover the death benefit to about $ 500,000.

If you need more than that, you should first consider a traditional life insurance policy.

But if you do not need a lot of coverage, no life insurance can be something to think about. [19659003] Now that you have a better understanding of the different types of no degree life insurance products, let's go through their pros and cons.

The Benefits of No Degree Life Insurance

There are benefits to having a no degree life insurance policy for some individuals, let's look at the pros:

Avoid Being Denied for Coverage

I can give you many examples on that persons applying for coverage and being denied due to a permit they did not know they had.

There are also insta people who get approval for a rate that can be $ 30 to $ 50 more per month than they expected.

Getting life insurance without a medical examination is the best way to avoid the whole process and get coverage immediately.

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Remove Exam Roadblock

This may seem like a good idea, but if you need life insurance, we sincerely want you to get it and do not care if you take an exam or not.

Sometimes exams become roadblocks, and it is NOT ok if it will prevent people from protecting their families.

Avoiding a degree can change your entire shopping experience when it comes to life insurance, especially if you are always on the go with work or daily tasks.

The medical examination process is one of the fundamental issues that make life insurance difficult to buy and cause people not to move forward.

Short and simple application

One of the most important improvements that no degree life insurance has presented is faster and simpler applications.

Having an application that is sometimes only one page long or that can be completed in less than 20 minutes is a great advantage to have, and it simplifies everything.

If you are concerned about privacy, look at life insurance without a degree. In today's world, there is little integrity. Sometimes it feels like we are handing out personal information every five minutes.

I understand that – Some people really do not like to share sensitive information about themselves.

With a traditional life insurance policy, you have to answer a lot of questions about your lifestyle, family history and health.

If you think this is too much of an invasion of privacy, then degree life insurance may be for you.

RELATED: Check Examples of Life Insurance Rates by Age (No Personal Information Required)

Faster Approval Times

The Two Most Important Benefits of Obtaining a Life Insurance which do not require medical examination are speed and convenience .

It is easy to see that the option of no degree life insurance is the best way to go if you are looking for speed.

On average, it will take you approximately 56 days to get a response on a fully insured life insurance policy.

The no exam option will be a little faster with average approval times anywhere from 5 days to 19 days if your medical records are required d.

The simplified option will be the fastest way to go.

With approval speeds of 15 to 20 minutes, there is little or no guarantee.

No degree is easier to qualify for

One of the other benefits of getting life insurance without a medical examination is that it can be easier to get approval for coverage.

For example, let's say you need to lose a few pounds, or your cholesterol needs some work. Not all medical conditions deteriorate over time. In fact, there are some medical conditions that are getting better. Over time, these things can improve.

If they are bad right now, you will still get a higher speed. There are no emission rights for the varying nature of these diseases.

So in the meantime, a life insurance policy without a degree can give you the coverage you need. Once your health has developed, you can replace it with a cheaper traditional policy.

Some operators allow direct online registration

Several new companies violate the life insurance process and now allow you to fill in your application yourself. all online.

These companies have mainly been started by millennia and have financial support from massive and older insurance companies.

The whole process is new and focuses on a group of customers who give popular online retailers, such as Amazon and Baidu, a constant flow of business.

  Life insurance without a degree

Skip the needles!

Do you want to take the "pain" out of life insurance? We do not blame you! Bestow is one of our most recommended companies without a degree that offers 10 and 20 year plans up to 55 years. See if you qualify for "no degree" today.

Quotes are fast, easy, and free! [19659173]

Disadvantages of No Degree Life Insurance

There will always be some disadvantages, let's take a look at some of the disadvantages of no medical:

No Degree Policies Are More Expensive

Probably The Biggest Problem With Buying Life Insurance without a medical examination is the cost.

In many ages and insurance amounts, it can cost 10% to 20% more (or higher).

It is often the most important factor for people who weigh the pros and cons with no degree life insurance.

Now here's it:

I just got a quote on myself today for a $ 250,000 20-year insurance policy for a healthy, non-smoking, 38-year-old man. [19659003] I could go through the testing process and buy a traditionally insured policy for as little as $ 16 a month.

Would you think I could get the same plan around $ 19 a month if I wanted a life insurance without medical examination necessary option?

Three dollars a month is not much, but it represents 19% in

Buyer's Regrets

There is always a little Buyer's regrets when you buy something; But most of these issues are taken care of when you get the product or service.

The problem with life insurance is that when you buy it fast, you will start to fear that you did not get the best price or that you did not get the right product. Making these quick buying decisions will make you look more, get more phone calls from agents and sometimes even cancel the insurance before you get it in the mail.

The thing about life insurance is that the prices are fixed and there is no one online or offline that can give you a better price for the same operator. If you get a quote for Sagicor Life at $ 50.00 / month, there is no other agent who can offer you a better price for the same coverage, and the same goes for all operators.

Anyway, there's a problem I see in no exam space.

No degree insurance

With no medical examination you still have to go through insurance.

The worst mistake you can make is believing that because there is no investigation, you & # 39; will easily be approved for insurance.

What you do not know is just because there is no degree does not mean that the insurance company does not perform due diligence.

They perform this due diligence with four reports:

Medical Information Bureau (MIB Report)

The first and most crucial report that insurance companies will draw is an MIB report. Life insurance companies report to the Medical Information Bureau when one of their applicants has any deterioration in health, tobacco use, dangerous travel or activities, etc.

This means that basically anything that can be detrimental to your longevity can show up on this medical report.

Think of it as a credit report but for your health.

All life insurance companies are members of this medical information agency. They all report to it and they all share with each other. If there is anything in this report that is not favorable to your health history, you may find yourself paying a higher interest rate or being rejected.

They perform this search to prevent insurance fraud.

This way you can not be denied insurance today due to cocaine use and then tomorrow take out insurance with a company without a degree and just tell them that you have never used drugs.

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Prescription Drug Report (Intelliscript)

The second way that life insurance companies will assess your risk class and consider you for approval is through what is called a pharmacy report or prescription drug report. This is a list of all medications you are taking and have taken.

The insurance company can see which medicines you are currently taking and how often you refill prescriptions.

For example, if you are taking Metformin or Insulin, you will know that you have diabetes.

If you take Coumadin, they will know that you have probably had a problem, such as a stroke or a blood clot.

The point is that they will find out about serious medical conditions by simply pulling in this pharmacy report.

So do not think that you can apply for a non-investigation policy and hide any existing circumstances. The third thing they can pull, but not all the time, is your records. This is usually called an APS in the insurance industry.

If they find a reason to look deeper into your medical history, they may order your medical records from your treating physician.

In that case, the process you were hoping to complete in less than a week could take several weeks instead. Some doctor's offices can send them out quickly, in a week or two I've seen, but some of them can take several weeks.

Motor Vehicle Report (MVR)

The fourth consideration is your motor vehicle report, abbreviated MVR. This will indicate if you have had a DUI in recent years, careless driving, speeding tickets and so on.

Just because you've had a couple of tickets does not mean you'll be turned down, but if you've recently had a DUI, it could lead to a decline. Or if you have had several speeding tickets, it can also lead to a decline.

Most insurances paid are due to unintentional deaths and most unintentional deaths occur in vehicles.

If you have an extremely dangerous death. driving record indicated by multiple speeding violations, you should think you risk having your application rejected.

Who needs life insurance without a medical examination?

Here are three common reasons why someone may consider a no degree policy:

A Life Insurance Difference Decree

One reason why you may need to get life insurance quickly is to cover certain legal obligations, such as what may be prescribed in a divorce decree.

Divorce Settlements, one spouse is liable for alimony to the other, which would cease upon his or her death.

To combat this, they must have life insurance on themselves to protect these payments should they go away.

You have declined d for life insurance in the past

If you have had your life insurance application denied earlier when you completed a degree, a life insurance without a degree may be best for you.

The one who saves grace if no degree life insurance is that they have lighter insurance requirements.

You may be covered with higher premiums for a license that may cause you to be rejected by another operator.

In these situations, it is always best to reach out to an agent and go through your specific case.

You need to secure a business loan

I often get calls from people who need coverage in place to protect a business loan, such as an SBA loan. [19659003] Many lenders require life insurance from people going through the lending process to protect the loan.

If you do not have four to six weeks to get a traditionally insured insurance in place, then a life insurance without a degree works best. for you.

Getting an approval for a business loan is an excellent reason to sign a policy without a degree.

Which option is best for you?

Be honest and ask yourself if it's worth spending thousands of dollars more during your life insurance period to avoid going to the doctor.

If you can honestly say that no degree is valuable due to one of the above circumstances, go ahead and buy a life insurance without a degree.

important is that you get coverage for you and your family.

If you still can not decide, the better option is to call us at 888-603-2876 and discuss your health history with us.

We can probably get you insured, even if you do not have the best health or if you have a health history that is not so good.

* While doing our utmost to keep our site up to date, be aware that "current information on this site, such as quotation estimates or relevant company information, may only be accurate as of the last day of editing. Huntley Wealth & Insurance Services and its representatives do not provide legal or tax advice. Contact your own legal or tax advisor.

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