Monday, February 2, 2015

Mortgage Insurance with No Physical Exam?


Can I buy a mortgage life insurance policy without having to take a physical?

Yes, you can buy mortgage insurance online and not take a physical exam to qualify.

When you apply for your mortgage insurance you will be asked some questions about your health, but it is possible to purchase your mortgage insurance plan online with no health exam required.

In fact, some insurers offer up to $350,000 of no exam mortgage life insurance. And, if you qualify for coverage you can start your insurance policy today. There's even a 30 day money-back guarantee in case you change your mind.

You'll want to name your spouse as beneficiary if that's who you want to leave the life insurance death benefit to, so your spouse can use the provides to pay off your mortgage loan.

Here's how to get mortgage insurance with no physical exam required.

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