Buying Connecticut No Exam Life Insurance Online

November 15 2009 by visitor in No exam life insurance Connecticut |Comments Off

Reader’s Question:

My business is pretty much hands-on. As it’s just starting out, I don’t think I can set aside time to go to the hospital for a full medical. Would it still be possible to get life insurance coverage here in Manchester, CT?

Randall

Manchester, CT

Time really is a big constraint, Randall. Not to worry, though, you can already lodge applications, even get approval for life insurance coverage in most areas in the US, including Manchester, CT, without undergoing medical check-ups or exams. This is what is usually known as no exam life insurance.

If you intend to apply for no exam life insurance, you must consider the pros and cons first. Get free life insurance quotes online from insurers in Manchester, CT. You can do this by keying in your zip code on the space on this site. Get a couple, even five quotes from different insurers so that you can estimate the range of possible insurance premiums.

You ought to compare the costs of no exam and with exam life insurance coverage, too. No exam life insurance is usually a bit higher in cost than with exam life insurance. If you really can’t find the time, you can skip this step. However, if going to the hospital for a medical exam is a negotiable option for you, you may as well check the cost difference for the same coverage that you require.

You may also want to compare whole life and universal life insurance policies. The former provides guaranteed benefits at a set premium while the latter provides more opportunity for increased benefits but at the same time, introduces an element of risk wherein your benefits may actually decrease.

Remember, Randall, choosing life insurance is like deciding on your business, a lifetime investment, so you have to think it through thoroughly before you decide to commit.

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