Why No Medical Exam Life Insurance Is Popular Today

-

Getting a life insurance quote is easy today, and anyone interested in doing this will get a quote that will suit him. However, there are those people who are either impatient or have certain reasons why they cannot take up a medical exam, which is vitally important when it comes to being given a life insurance cover. In the United States, the popularity of this life insurance is on the rise due to a number of reasons, and this article tries to describe why many people are not interested in taking the medical exams that insurance companies require. Although life insurance covers that have a medical exam are quite cheap compared to their counterparts, there are still people finding it better to have the above life insurance. Here is why.

Getting a cover that requires a medical exam takes too long

One of the biggest reasons why people do not prefer the medical checkup way is because of the time it takes to have the process done and the time it takes to have the reports made. People today do not have all the time in the world to wait. There are some projects that a company will only let the employees who have an insurance cover to work on, and if the most qualified employees do not have such covers, then, they may need to look for them as soon as possible. In such an emergency, the employees are sure to go for insurance covers that do not require medical exams.

Some religions forbid the cover

Freedom of worship exposes some threat to life insurance procedures. There are some religious beliefs all around the world that do not embrace some of the medical practices offered in the health centers today. This being the case, they will forbid their members to take up some of the checkup processes required, and they will just have to resort to the no medical exam life insurance covers that companies offer.

Conditions someone may be in

Some of the conditions that members of the society may be in are either embarrassing or just unsightly. Some people would rather keep that to themselves and move on with their private lives. If such a person desires to get a cover, he or she can go for this type, as long as he or she is willing to pay the premiums that the cover will require him or her to pay.

Comments

Post a Comment

Popular posts from this blog

Factors Impacting Business Umbrella or Excess Insurance Rates And Coverages

-
Image
A business umbrella policy is a contract that offers coverages for liability claims above and beyond limits paid by certain underlining liability policies provided by the business. The coverage goes in effect when the other underlining liability coverages terminate. The named insured in the umbrella policy is legally responsible for keeping in force particular scheduled underlining policies. Any changes in the status, terms, and conditions of the underlining policies must be reported to the insurance provider providing the Umbrella coverage. Coverage Limits of Umbrella : The Umbrella coverage comes with limits of $1 to $5 millions. Many companies may not provide more than $5 millions. However, a number of insurance companies may offer higher limit levels. Excess Vs Umbrella Liability Insurance : Although used interchangeably, insurance professionals think that there is a substantial distinction between Excess liability policies and Umbrella policies. In most instances, policies
Read more

Auto Insurance - Honda Advantage

-
Image
Founded by Soichiro Honda, the company has come a long way from its humble beginnings where Soichiro struggled to assert himself in the competitive auto industry. From supplying piston rings to fellow giant Toyota, Honda has grown into a multidivisional giant with interests in motorcycles, scooters, robotics, jet aircraft and jet engines. Honda is the world's largest manufacturer of two wheelers and gained global dominance in the motorcycle market by breaking into the expansive market in the United States. It has produced different models adapted to diverse terrains. Despite these giant strides in global technology, it is the automobile section of Honda which has made it such a popular brand with sales rising with the release of every new model. Premium brands like the Civic noted for its transformation from its compact form to a larger upmarket version. The Accord, which has constantly redefined auto style and design and the Odyssey which has established itself as the ultimat
Read more

Of Humpty Dumpty and Obamacare

-
Image
A friend of mine is a metallurgist who studies structural failures. Buildings that fall, and airplanes that crash, share similar pathways to catastrophe. Small defects, caused by continued stresses, coalesce and eventually lead to total collapse. Like the Jenga game, the analogy is not perfect, but our healthcare system is in danger of a similar outcome. Continued stress, in the form of financial cutbacks, bureaucratic mandates, government ineptitude, and widespread greed, have caused extensive damage to our healthcare infrastructure. We are perilously close to the transition point at which our system fails totally. As much as I dislike predictions, a potential scenario is outlined below. Medical care is delivered locally, so I will concentrate on the Los Angeles area. Beware, it could happen in your town. Jan 2014: Twenty five million Americans are added to the Medicaid roles under Obamacare. Millions of previously uninsured Angelenos, possessing this new Medicaid insurance,
Read more