Term Life Insurance Over 50 With No Medical Exam

As we age, it gets harder to get approved for life insurance. This is because the older we get, the riskier it becomes for an insurance company to insure us. However, this doesn’t mean that getting life insurance after 50 is impossible.

If you have underlying health conditions or don’t want to go through the hassle of a medical exam, there are options available for you. One such option is term life insurance over 50 with no medical exam.

This type of life insurance is specifically designed for individuals over 50 who may have a harder time getting approved for traditional life insurance. It offers coverage for a specific period, usually between 10-30 years, and does not require a medical exam for approval.

Defining No Exam Life Insurance

When people apply for life insurance, they usually have to undergo a medical exam. This involves you taking tests and medical exams in order to determine your health status (which eventually determines your premium price).

However, when it comes to no exam life insurance, it allows you to skip the exam option and still get insurance coverage.

This is a good option for people who are in a hurry to get coverage, as the process can be completed quickly and without any hassle of scheduling appointments for medical exams.

It’s also a good option for people who don’t want to disclose their medical history or have underlying health conditions that could potentially impact their insurance approval.

There are two separate types of no-exam life insurance policies. Let’s go over what they are.

Simplified Issue Life Insurance

For this type, you don’t have to take a medical exam, but you do have to answer a series of health-related questions. Depending on your answers, the insurer will use them to determine your health risk and decide whether or not to approve your coverage. If approved, those questions will also be used to determine the price of your premiums.

Guaranteed Issue Life Insurance

The second type of insurance with no exam is called guaranteed issue life insurance. If you apply for guaranteed issue life insurance, you don’t need to take a health exam or answer any health-related questions. This option is often available for people who may have preexisting conditions and not qualify for other types of life insurance. Because the insurance company is left in the dark about your health, premiums for guaranteed issue policies are usually a little bit higher.

Companies That Offer Life Insurance Over 50 With No Medical Exam

While a no-exam life insurance policy is a convenient option, you must choose the best company for your needs. Here are some of the top companies that offer life insurance for those over 50 with no medical exam:

Mutual Of Omaha

Mutual of Omaha offers several no-exam life insurance policies designed for older adults. Their term life insurance option is available for individuals up to 50 years old with coverage up to $300,000 without requiring an exam. For those 60 or under, the coverage limit is $250,000, and for individuals 70 or below, a policy of up to $150,000 is available without an exam.

Additionally, Mutual of Omaha provides no-exam final expense insurance aimed at covering smaller expenses such as funeral costs or medical bills, offering benefits up to $40,000. This policy is particularly beneficial for those with health issues that might prevent them from securing a larger policy. It is accessible to adults up to 85 years old without the need for an exam.

Mutual of Omaha caters to a broad range of needs with its no-exam policies, enabling easier access to coverage for healthy seniors seeking term life insurance and for older adults in need of a policy to cover final expenses.

Ethos Life Insurance

Ethos Life Insurance distinguishes itself with a clear and efficient method for securing life insurance, highlighting instant-term life policies that eliminate the need for medical exams or blood tests. This approach is particularly appealing to a broad age demographic seeking convenient insurance resolutions.

Their term life insurance offerings are comprehensive, with coverage amounts available from $100,000 to $2 million. Policy terms vary from 10 to 30 years, simplifying the application process to just a few health-related questions to determine eligibility. This streamlined process is designed to make life insurance accessible and hassle-free for applicants.

For older individuals, specifically those aged 66 to 85, Ethos extends its no-exam policy to whole-life insurance, providing benefits between $5,000 and $30,000. Like its term life insurance, the application for whole-life coverage is conducted entirely online, reinforcing Ethos’s commitment to convenience.[

Overall, Ethos caters to a diverse clientele, offering practical life insurance options for both term and whole life insurance seekers. Their focus on simplifying the insurance acquisition process, coupled with a commitment to customer satisfaction, places Ethos as a notable provider in the life insurance market.

Bestow Life Insurance

Founded in Dallas in 2016, Bestow uses advanced underwriting technology to simplify the application process, allowing for instant decisions on eligibility without the need for a medical exam. Instead of undergoing physical examinations, applicants are assessed based on their answers to health-related questions, alongside other data points such as credit history, prescription history, driving records, and previous insurance applications. This method greatly simplifies the process of applying for life insurance, making it more convenient and less time-consuming for potential policyholders.

Bestow focuses exclusively on term life insurance, with no options for permanent life insurance.

They do their best to provide affordable, no-exam life insurance policies through a quick and easy process.

Pacific Life Insurance

The last company on our list, Pacific Life, offers some of the most flexible no-exam rules for term life insurance, which is the most budget-friendly and commonly needed type of coverage.

Pacific Life accepts applicants aged 18 to 70. Individuals under 60 who are in decent health can often bypass the medical exam by answering health questions, allowing for quick approval without an exam.

For those between 60 and 70 years old or with more significant medical conditions, Pacific Life takes a more cautious approach. They typically request a statement from the applicant’s doctor detailing their current health, based on which Pacific Life decides if the applicant can receive coverage without a full health screening.

In this way, Pacific Life provides no-exam term life insurance options for both younger, healthy adults and older applicants. Their flexible guidelines and streamlined application process make it possible for a wide range of demographics to secure coverage without the time and hassle of exams.

Factors These Companies Look Into The Most

Although you could get a life insurance policy through these companies without an exam, they still look into other aspects of your health and lifestyle before deciding on coverage. Let’s dive into what they are.


Probably the first thing that determines your premium is how old you are. This is because the older you are, the more of a risk the insurance company sees you as. This shouldn’t stop you from applying, though, as there are many different policy types for all ages.

Lifestyle Habits

If you decide to get a simplified issue policy, you may be asked about your lifestyle habits. Do you work out? Do you eat right? Do you smoke? Taking care of your health could help you secure better premiums.

Medical History

Also, for simplified issue policies, you may be asked about your medical history. It’s important to be truthful about this, as any discrepancies may lead to your policy being canceled or denied.

Driving Record

If you have a good driving record, this will help you significantly. Driving is one of the biggest risks in terms of something happening to you, and if you have a bad history, you may see higher premiums.


You have to be able to afford your policy. If not, you’ll be denied coverage. Your income will determine how much you can pay monthly or annually, so it’s important to have a stable and sufficient income when applying for life insurance.

Financial Background

They don’t only look into your income, but they’ll also look into your financial background. They make sure you have a good track record in terms of credit history and financial stability.

Keep in mind that most of these are generally for simplified issue policies, as Guaranteed issue policies are a lot less strict.

How To Find The Best Policy For Your Needs

The companies listed above are great. However, there are still so many things you need to learn in order to get the very best policy for you. That’s where we come into play.

At Liberty Financial Group, we work with you to find the very best policy for you.

How do we do this exactly? Well, instead of offering policies from just one company, we work with 50 top-rated insurance companies.

We take all the work out of your hands and help you compare policies from different companies, making it easier for you to find the best coverage at the lowest price.

There’s a lot that goes into getting a no-exam policy, and we have the knowledge and expertise to guide you through the process.

If you want to work with us, enter your contact information here, and we will get back to you shortly. If you have any questions or concerns, give us a call at 888.414.3873