Originally posted on https://chooseterm.com/2013/01/anico-term-life-insurance-without-medical-exam/
There are a few good choices for getting term life insurance without a medical exam, and in this blog post I’m going to specifically highlight ANICO – which is American National Life Insurance Company and their signature term life insurance without a medical exam. If you would like to get life insurance quotes use our life insurance quotes tool right below this paragraph, otherwise read on to learn more about no medical term life insurance.
Who is ANICO?
American National Life Insurance Company was originally founded in 1905. They are headquartered in Galveston, Texas. ANICO has an A rating from A.M Best, which is considered Excellent, and an A rating from S&P (standard & poors), which is considered Strong. ANICO has over 8 million life insurance policies in force, and trades on the NASDAQ stock market. Based on its long history – being in business over 100 years, and ANICO’s strong financial ratings, I feel comfortable recommending American National as a company to consider when looking for term life insurance. If you are looking for no medical exam term life, I would definetly consider ANICO since they are one of a handful of quality, competitive, life insurance companies that offers no medical exam life insurance.
Highlights of ANICO Term Life Insurance Without Medical Exam
ANICO offers Underwriting Express for term life insurance applications from $50,000 up to $250,000 up to age 65. With Underwriting Express, there is no medical exam required and you can have an approval on your policy in as little as 72 hours. ANICO offers Standard Tobacco, Standard Non-Tobacco, and Substandard Rating. Most healthy individuals will qualify for standard rates. However if you have a pre-existing health condition, such as diabetes – you can qualify for substandard rates, and still get life insurance with no medical exam for diabetics. Let me give you some examples of pricing so that you can have an idea of what pricing might be. For pricing specifically for you, contact us for a quote.
ANICO $250,000 for 30 year old Male and Female:
$250000 10 year term for 30 Year old Male – $20.52
$250000 10 Year term for 30 year old Female – $18.58
$250000 20 year term for 30 year old male – $28.94
$250000 20 year term for 30 year old female -$24.62
$250,000 30 year term for 30 year old male $42.34
$250,000 30 year term for 30 year old female $34.99
ANICO $250,000 for 40 year old Male and Female:
$250,000 10 year term for 40 year old male- $27.86
$250,000 10 year term for 40 year old female –$25.06
$250,000 20 year term for 40 year old male – $40.61
$250,000 20 year term for 40 year old female –$35.64
$250,000 30 year term for 40 year old male – $64.58
$250,000 30 year term for 40 year old female – $50.33
ANICO $250,000 for 50 year old Male and Female:
$250,000 10 year term for 50 year old male- $55.94
$250,000 10 year term for 50 year old female –$45.79
$250,000 20 year term for 50 year old male – $88.78
$250,000 20 year term for 50 year old female –$66.96
$250,000 30 year term for 50 year old male – $159.84
$250,000 30 year term for 50 year old female – $115.34
The above examples should give you an idea of the kind of rates you can expect for a no medical term life insurance policy at $250,000 worth of coverage.
NY No Medical Exam Life Insurance:
If you happen to live in NY, you will find that not many companies offer no medical exam life insurance in NY. Transamerica does offer up to $100,000 worth of coverage in NY. With ANICO you can get up to $250,000 of term no medical exam life insurance in the state of NY.
If you would like to compare rates, you can use the life insurance quotes tool below or contact us.