Life Insurance Lawyer Aurora Illinois

However, these types of policies may have higher premiums than traditional policies that require a medical exam, as the insurance company has less information about the policyholder's health and therefore assumes more risk. Additionally, these policies may have lower coverage limits and may be subject to more stringent underwriting requirements.

There is no evidence to suggest that there are more denied life insurance claims with no-exam policies than with other types of policies. Denial of a claim typically occurs when the policyholder provides inaccurate or incomplete information on the application, regardless of whether a medical exam was required or not.

It is important to note that not all insurers offer no-exam policies, and even those that do may still require the policyholder to answer health-related questions and provide medical records. As with any life insurance policy, it is important to carefully review the terms and conditions of the policy and to provide accurate and complete information on the application to avoid any potential claim denials.