$500k Life Insurance No Medical Exam
Posted in No Exam last updated on July 2, 2024Are you searching for cost of a $500k life insurance policy with no medical exam? Then you’re at the right place!
In 2024, 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 insurer that has been in business for over 60+ 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 | $13 | $16 | $25 |
| 20 | Female | $10 | $13 | $21 |
| 25 | Male | $13 | $16 | $25 |
| 25 | Female | $10 | $13 | $21 |
| 30 | Male | $13 | $16 | $25 |
| 30 | Female | $11 | $13 | $21 |
| 35 | Male | $13 | $17 | $25 |
| 35 | Female | $12 | $15 | $21 |
| 40 | Male | $17 | $21 | $35 |
| 40 | Female | $15 | $19 | $29 |
| 45 | Male | $27 | $34 | $51 |
| 45 | Female | $23 | $29 | $41 |
| 50 | Male | $40 | $50 | $80 |
| 50 | Female | $32 | $42 | $60 |
| 55 | Male | $67 | $79 | $124 |
| 55 | Female | $49 | $61 | $87 |
| 60 | Male | $109 | $128 | $192 |
| 60 | Female | $72 | $92 | $130 |
$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 | $18 | $27 |
| 20 | Female | $12 | $15 | $24 |
| 25 | Male | $14 | $18 | $27 |
| 25 | Female | $12 | $15 | $24 |
| 30 | Male | $14 | $18 | $27 |
| 30 | Female | $12 | $15 | $25 |
| 35 | Male | $14 | $20 | $31 |
| 35 | Female | $14 | $17 | $27 |
| 40 | Male | $20 | $28 | $42 |
| 40 | Female | $19 | $23 | $38 |
| 45 | Male | $35 | $40 | $65 |
| 45 | Female | $27 | $33 | $54 |
| 50 | Male | $53 | $62 | $101 |
| 50 | Female | $40 | $49 | $76 |
| 55 | Male | $84 | $105 | $158 |
| 55 | Female | $59 | $74 | $108 |
| 60 | Male | $143 | $171 | $256 |
| 60 | Female | $94 | $116 | $179 |
$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 | $18 | $20 | $32 |
| 20 | Female | $15 | $18 | $27 |
| 25 | Male | $18 | $20 | $32 |
| 25 | Female | $15 | $18 | $27 |
| 30 | Male | $18 | $23 | $34 |
| 30 | Female | $15 | $18 | $28 |
| 35 | Male | $20 | $25 | $38 |
| 35 | Female | $17 | $21 | $31 |
| 40 | Male | $28 | $35 | $54 |
| 40 | Female | $24 | $29 | $42 |
| 45 | Male | $45 | $54 | $86 |
| 45 | Female | $36 | $42 | $65 |
| 50 | Male | $69 | $83 | $128 |
| 50 | Female | $54 | $64 | $97 |
| 55 | Male | $112 | $132 | $217 |
| 55 | Female | $82 | $95 | $147 |
| 60 | Male | $200 | $227 | $363 |
| 60 | Female | $142 | $161 | $258 |
Date of birth used July 1st for male and female. Rates current 7/5/2024
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 and Superior rated financially by A.M. Best
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.
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