So, I’m looking into getting life insurance, and I heard you might need a medical exam. Anyone else had to go through this? I’m curious about what to expect, and how to prepare. Would love to hear your experiences!
Yeah, I went through it! The exam was pretty straightforward. They asked a bunch of health-related questions first, then did the usual checkup stuff like height, weight, blood pressure, etc. Depending on the policy you’re getting, they might also take a blood sample or even do an EKG.
@Indigo
Thanks! How long did it take for them to get back to you with the results?
Noe said:
@Indigo
Thanks! How long did it take for them to get back to you with the results?
For me, it took about a couple of weeks. The underwriting process can vary depending on the company, but mine took around 10 days. They factor in your health info and lifestyle to determine the premiums.
If you want to avoid the exam altogether, there are policies that don’t require one. But heads up, those usually cost more because the company assumes you’re higher risk.
Linden said:
If you want to avoid the exam altogether, there are policies that don’t require one. But heads up, those usually cost more because the company assumes you’re higher risk.
I’ve heard about those, but yeah, the higher cost kinda puts me off. Do you think it’s worth going through the exam if you’re in decent health?
@Noe
Definitely worth it if you’re in good health! You’ll likely get lower premiums compared to the no-exam policies.
If you want to prepare for the exam, make sure you’re hydrated, avoid caffeine that day, and wear something light for the weigh-in. I also heard that avoiding salty foods the week before can help your blood pressure.
@Kim
Good tips! I didn’t even think about the salt thing.
Another thing to consider is when your policy term ends. With term life, you’ll have to reapply after the term is over, which could be more expensive if you’re older or develop health issues.
Hadley said:
Another thing to consider is when your policy term ends. With term life, you’ll have to reapply after the term is over, which could be more expensive if you’re older or develop health issues.
That’s why some people go for whole life insurance when they’re younger. Your premiums stay the same forever, but it’s more expensive upfront.
If you’re really not into the idea of a medical exam, some workplace insurance plans don’t require one, as long as you stay under a certain coverage limit.
Wynn said:
If you’re really not into the idea of a medical exam, some workplace insurance plans don’t require one, as long as you stay under a certain coverage limit.
Interesting! I’ll have to check what my company offers.