There,Big,Difference,Between,M health Is There a Big Difference Between Medical Exam and No Medica
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If you are currently undecided on whichtype of life insurance policy to go for here is a quick comparison to show yousome of the pros and cons of each.Standard Life Insurance Coverage· To get the policy you will needa full medical check-up and answer a background check way you will have tostate your families full medical history.· It can take quite a while toget as there is a lot of paperwork fill out perform get your coverage.· Pay outs are usually around$250,000 or upwards.· If you have an underlyingmedical condition, are a senior citizen, or have a family history of a certaintype of disease you will find it extremely hard to get a normal life insurancepolicy.No medical exam life insurance coverage· No medical exam needed and the paperwork is quiteshort and easy to fill out.· There are no restrictions ongender, age, or medical background. Everyone who applies for a no medical exam life insurance policy typically gets accepted.· Pay outs are up to $250,000depending on the company you go to and the type of policy you have.· From the minute you take outthe coverage you will be protected in the event of you dying prematurely.· The premiums can be slightlyhigher than a normal life insurance policy.These are the two policies compared and asyou can see there is not that much difference in them. This means that nomedical exam life insurance makes sense whether you have an underlying medicalcondition or are young and perfectly healthy. This is the reason why so manypeople are taking up this kind of coverage and it actually saves the insurancecompany money because they do not have to pay for expensive medical exams.
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