Two Million Dollar No Exam Term Life Insurance

$2 Million No Exam Term Life Insurance Rates

Did you know it is now possible to get a two million dollar no exam term life insurance policy?

One of the oldest, largest and highest rated life insurance companies in the country now offers up to $2 million in life insurance coverage without a medical exam, blood draw or urine test.

Two Million Dollar No Exam Term Life Insurance Requirements

Below is the checklist to see if you can qualify for the $2 million life insurance policy without the medical exam:

  • Between the ages of 18 to 60 years old
  • Applying for $2 million of term life insurance coverage or less
  • In good health and full disclose of health history on the application
  • Have had seen a physician for route medical care in the past three years
  • Body Mass Index (BMI) between 17.5 and 35

Sample $2 Million No Exam Term Life Insurance Rates

Below are the monthly rates for a $2 million no exam term life insurance policy for a male and female: 10, 15, 20 and 30 year term.

AgeGender10-Year Term 15-Year Term 20-Year Term 30-Year Term
25Male$34$39$56$93
25Female$26$32$42$71
30Male$34$42$57$105
30Female$27$34$45$83
35Male$38$45$62$122
35Female$31$37$54$100
40Male$49$63$94$182
40Female$45$60$79$145
45Male$87$127$169$295
45Female$71$93$129$225
50Male$134$200$262$485
50Female$110$142$187$353
55Male$240$322$437$907
55Female$175$214$311$654
60Male$413$553$770NA
60Male$267$356$531NA
$2 Million no medical exam term life insurance rate chart

*Rates based on an applicant in excellent health, D.O.B. 6/1. Policy is available up to the average health class, standard, without the medical exam for $2 million.

Prequalifying Questions

In order to qualify for the $2 million no medical exam term policy you must be able to answer “No” to the following questions:

  • Pending medical tests
  • History of alcohol abuse or treatment
  • History of drug abuse or treatment
  • DUI in the past five years
  • Criminal history or pending charges
  • History of bankruptcy
  • Outstanding liens of judgements
  • Participation in hazardous activities

If you answered “Yes” to any of these items then you still may qualify for the $2 million policy but will just need to complete the 30-minute no cost paramed exam.

Medical Requirements Checklist

In order to be eligible for the two million dollar life insurance policy without the exam, you can not have had any of the following medical conditions listed below:

  • Atrial Fibrillation (Afib) or arrhythmia
  • Bariatric Surgery
  • Barrett’s esphagus
  • Bipolar
  • Blood clotting
  • Cancer (basal cell is allowed)
  • Cardiomyopathy
  • COPD
  • Cirrhosis
  • Chron’s
  • Diabetes
  • Emphysema
  • Epilepsy/seizure
  • Heart disease
  • Hepatitis B or C
  • Kidney disease
  • Leukemia
  • Lupus
  • Lymphoma
  • Melanoma
  • Multiple sclerosis (MS)
  • Muscular dystrophy
  • Pancreatitis
  • Parkinson’s disease
  • Peripheral vascular or artery disease
  • Pituitary disorder
  • PTSD
  • Rheumatoid arthritis
  • Schizophrenia
  • Stroke/Transient ischemic attack (TIA)

If you have had any of these medical conditions then you still may qualify for the two million dollar life insurance policy, however, you will have to complete the 30-minute no cost medical exam at your home or office.

Bottom Line

You now may qualify for up to $2 million in life insurance coverage without a medical exam, blood draw or urine test with one of the oldest, largest and highest rated life insurance companies on the country.

With advancements in life insurance underwriting which was accelerated by Covid-19, it is now possible to get a no medical exam $2 million term life insurance policy with an A+ Superior rated company business for over 150 years and you meet the qualifications above.

FAQ- Frequently Asked Questions

Are there health questions for a $2 million no exam term life insurance policy?

Yes, even though you may be able to bypass the paramed exam, the application questions including your health history are still the same since the insurance company has to pay out $2 million if you pass away during the term.

Is there a waiting period for the $2 million no exam term life insurance policy?

No, this is regular term life insurance, just without the medical exam. You are covered from day once for the full $2 million.

Are there exclusions for a $2 million no exam term life policy?

Only the same two exclusions that every term life insurance policy has. 1. You cannot commit suicide in the first two years. 2. If you are dishonest on your application and die in the first two years the policy will not pay out.

What term lengths are available for a two million no exam life insurance policy?

You can choose a: 10, 15, 20, 25 or 30 year level term policy.

What health rating classes are available for a two million no exam life insurance policy?

The top four health rating classes are available: Preferred Plus (Preferred Best), Preferred, Standard Plus (Select) and Standard.

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