$500k Life Insurance No Medical Exam
last updated on March 22, 2024Are you searching for cost of a $500k life insurance policy with no medical exam? Then you’re at the right place!
In 2023, there are several highly rated and trusted life insurance companies that offer a $500,000 life insurance policy 100% exam free. Below we’ll go over the $500k life insurance no exam policy sample rates by age, show who is eligible and answer the most common questions people ask when purchasing a no medical exam life insurance policy. The sample rates below are from one of our favorite 100% true no medical exam life insurance companies. They are a legacy insuerer that has been in business for over 100 years, are Excellent rated and never failed to pay a valid claim.
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$500k No Medical Exam Life Insurance Rates by Age Chart: 10 Year Term
Below are the monthly rates (quotes) for a $500,000 10-year term no medical exam life insurance policy.
| Age | Gender | Preferred Plus | Preferred | Standard |
|---|---|---|---|---|
| 20 | Male | $14 | $17 | $29 |
| 20 | Female | $11 | $14 | $23 |
| 25 | Male | $14 | $17 | $29 |
| 25 | Female | $11 | $14 | $23 |
| 30 | Male | $14 | $17 | $29 |
| 30 | Female | $11 | $14 | $23 |
| 35 | Male | $14 | $18 | $29 |
| 35 | Female | $12 | $15 | $23 |
| 40 | Male | $18 | $23 | $35 |
| 40 | Female | $15 | $20 | $32 |
| 45 | Male | $27 | $35 | $56 |
| 45 | Female | $24 | $30 | $46 |
| 50 | Male | $42 | $55 | $87 |
| 50 | Female | $35 | $45 | $66 |
| 55 | Male | $71 | $85 | $136 |
| 55 | Female | $53 | $64 | $95 |
| 60 | Male | $114 | $132 | $207 |
| 60 | Female | $77 | $95 | $137 |
$500k No Medical Exam Life Insurance Rates by Age Chart: 15 Year Term
Below are the monthly rates (quotes) for a $500,000 15-year term no medical exam life insurance policy.
| Age | Gender | Preferred Plus | Preferred | Standard |
|---|---|---|---|---|
| 20 | Male | $14 | $20 | $32 |
| 20 | Female | $13 | $17 | $28 |
| 25 | Male | $14 | $20 | $33 |
| 25 | Female | $13 | $17 | $28 |
| 30 | Male | $14 | $20 | $33 |
| 30 | Female | $13 | $17 | $29 |
| 35 | Male | $17 | $21 | $34 |
| 35 | Female | $14 | $18 | $31 |
| 40 | Male | $24 | $28 | $46 |
| 40 | Female | $20 | $25 | $42 |
| 45 | Male | $37 | $44 | $76 |
| 45 | Female | $29 | $36 | $61 |
| 50 | Male | $58 | $72 | $113 |
| 50 | Female | $44 | $52 | $86 |
| 55 | Male | $100 | $118 | $183 |
| 55 | Female | $66 | $80 | $124 |
| 60 | Male | $169 | $201 | $286 |
| 60 | Female | $107 | $123 | $203 |
$500k No Medical Exam Life Insurance Rates by Age Chart: 20 Year Term
Below are the monthly rates (quotes) for a $500,000 20-year term no medical exam life insurance policy.
| Age | Gender | Preferred Plus | Preferred | Standard |
|---|---|---|---|---|
| 20 | Male | $19 | $25 | $38 |
| 20 | Female | $16 | $19 | $30 |
| 25 | Male | $19 | $25 | $38 |
| 25 | Female | $16 | $19 | $31 |
| 30 | Male | $19 | $26 | $38 |
| 30 | Female | $17 | $20 | $32 |
| 35 | Male | $22 | $27 | $43 |
| 35 | Female | $17 | $23 | $36 |
| 40 | Male | $31 | $38 | $60 |
| 40 | Female | $24 | $30 | $48 |
| 45 | Male | $48 | $58 | $95 |
| 45 | Female | $38 | $45 | $74 |
| 50 | Male | $83 | $100 | $144 |
| 50 | Female | $60 | $69 | $110 |
| 55 | Male | $151 | $175 | $243 |
| 55 | Female | $93 | $109 | $167 |
| 60 | Male | $275 | $310 | $425 |
| 60 | Female | $165 | $187 | $280 |
Date of birth used February 1st for male and female. Rates current 2/3/2023
Who Is $500k No Medical Exam Life Insurance For?
A $500k no medical exam life insurance policy is ideal for those looking to protect their income, loved ones, cover debts such as a mortgage or cover a small business loan.
No medical exam level term life insurance is great for:
- Family protection
- Income protection
- Mortgage protection
- Often a much better policy compared to employer sponsored supplemental and voluntary life insurance which is not portable and or is very expensive
- Often a much better policy than most associations step-rate life insurance plans that increase premiums every 5 years
- Busy professionals
- Executives
- Those who don’t like needles
- SBA loans
- New families
- Stay-at-home parents
- Single parents
- Self-employed
Instant $500k Life Insurance No Exam Life Insurance Quotes
Compare quotes for a $500k life insurance no medical exam policy with to lock in the rate for 10, 15, 20, 25 and 30 years level (fixed) premiums.
- No Medical Exam
- Fast online policy delivery and online policyholder dashboard
- Fixed premiums: 10, 15, 20, 25 and 30 year terms available (depending on age)
- Competitive rates
- Excellent rated financially by A.M. Best
- Insurer founded more than 115 years ago
Disclaimer: Coverage begins for natural causes and accidents immediately once the policy is activated, there is no waiting period. It’s important to be 100% honest on a life insurance application as the insurer can contest the policy in the first two-years if death occurs and there was misrepresentation on the application. Also, the insurance company has the right to audit policy in the first two-years which could result in termination if there was misrepresentation on the application. Please see your individual life insurance policy for terms, conditions and exclusions. This is not a legal document and is to be used for informational purposed only.
