Can I Buy Life Insurance over Age 50 with No Medical Exam?

Yes, you may be able to buy a life insurance policy with no medical exam if you are over fifty years old.

However, whether or not you qualify for coverage will depend on your age, health, and the life insurance company guidelines for acceptance.

You may have the option of choosing term life insurance or whole life insurance.

Term life is temporary coverage lasting for a specific policy term - 5, 10, 15, 20, or 30 years, usually.

Whereas, whole life insurance provides lifetime protraction and builds some cash value inside your policy over time.

Keep in mimd, whole life can cost up to 5-10 times more than term insurance.

There are several insurers that offer no medical exam life insurance for people over 50, including Globe Life, Fidelity Life, Haven Life, and Mutual of Omaha, among others.

Here's how you can learn more about buying life insurance over 50 with no medical exam required.