No Exam (Just an online health assessment) Term Life Insurance FAQs
What is No Exam (Just an online health assessment) Term Life Insurance ? When you buy No Exam (Just an online health assessment) Term Life Insurance, you are purchasing insurance which typically does not include a cash value or a savings component. No Exam (Just an online health assessment) Term Life Insurance, as the name implies, is purchased for a set "term" or length of time. Once that term period has ended, your life insurance policy will expire. If the insured dies within the "term period," the predetermined death benefit will be paid to the beneficiaries.
Why is No Exam (Just an online health assessment) Term Life Insurance right for me and my family? No Exam (Just an online health assessment) Term Life Insurance is bought by millions of people for various reasons. Individuals and families use Non-Medical Term Life Insurance for security. In case the insured passes away, your policy insures there will be money to use to pay for burial expenses, credit card debt, mortgage payments and children's education.
Why do I needNo Exam (Just an online health assessment) Term Life Insurance? When you experience the loss of a loved one, the last thing you want to worry about is how you're going to manage financially. Unfortunately, that's precisely what happens when you don't have adequate life insurance protection. With No Exam (Just an online health assessment) Term Life Insurance offered by The Legacy Group of America, benefits help pay for funeral expenses, credit card debt, auto loans, mortgages, children's education and more.
Isn't it a hassle getting No Exam (Just an online health assessment) Term Life Insurance? Do you find yourself putting off this important decision because you just don't want to deal with the hassles? After all, who has time to spend dealing with agents, completing stacks of paperwork and attending invasive medical exams just to find out if you qualify? The whole process can take days, weeks, or even months in some instances. Not any more! The purchase process has been streamlined for you by doing away with the time consuming tasks. Now you can get a FREE, no obligation no exam term life insurance quote without ever having to take a medical exam! Give Your Family the Non-Medical Term Life Insurance Protection They Need, Without ever having to take a medical exam-- just complete an online health assessment!
Will the rates increase during the life of the policy? No. Rates Never Increase. The premium for the term life insurance coverage for which you were approved will never increase for the guaranteed term period of the policy.
Will the Benefit Decrease during the life of the policy? No. Your benefit amount will Never Decrease. The benefit amount you select will always be the benefit amount your family can receive as long as your term life insurance remains in-force.
How are rates determined? Individuals are rated by their age and health history.
How much will it cost? The cost varies widely depending on the health and age of the person to be insured and the coverage amount of the policy. Individuals are generally rated by their age and health history. The Legacy Group of America offers No Exam (Just an online health assessment) Term Life Insurance policies for up to $500,000 depending on your age, health history and state of residence. What about life insurance for a spouse or children? In certain circumstances, it may be advisable to purchase life insurance for children; generally, however, such purchases should not be made in lieu of purchasing appropriate amounts of life insurance on the family breadwinner(s). It is of utmost importance that the income earning capacity of the primary breadwinner be fully protected, if possible, through the purchase of the required amount of life insurance before contemplating the purchase of life insurance on children or on a non-wage earning spouse. In a dual-earning household it is important to protect the income earning capacity of both spouses. Life Insurance on a non-wage earning spouse is often recommended for the purpose of paying for household services lost at this individual's death.
Who is The Legacy Group of America? Over the past several decades, our firm has brought affordable life insurance to thousands of individuals and businesses. To date we have provided more than 40,000 policy holders with over 6 billion dollars of Non-Medical Term Life Insurance coverage.
Is there a toll-free number I can use to contact The Legacy Group of America? Yes. 866-703-2305
What does the "face amount" of my insurance mean? The face amount of your life insurance represents the death benefit proceeds your beneficiary will receive upon your death.
Is my medical information shared with anyone other than the Life Insurance Company? Your medical information is shared only with our re-insurance partners on a confidential basis.
What measures are taken by The Legacy Group of America to ensure my privacy and the protection of my personal information? See The Legacy Group of America's privacy statement link located in the red toolbar on the left side.
How can I pay for the Policy? Payments for life insurance are accepted by credit card (American Express, Visa, MasterCard and Discover) and Electric Funds Transfer (EFT) through your checking account. This is an automatic deduction from your checking account. Payments are accepted by check Annually, Semi-Annually, Quarterly or Monthly.
How do I obtain a physical copy of my policy? Every policy holder receives a copy of their policy in the mail.
How do I cancel my policy prior to the expiration of the term period I have selected? To cancel coverage prior to the expiration of the term period, you will need to contact the insurance company whose policy you received in the mail. The insurance company will respond to your request for cancellation and inform you of the procedures to follow to cancel your policy.
What is the free-look period (my option to cancel my policy with no obligation) for my current coverage? The free-look period is generally 10, 20, or 30 days; however, the time is governed by the state in which your policy was issued. Please notice on the first page of your policy document your specific state's free-look period.
Is my coverage in force during the free-look period? Yes, your coverage is in force during the free-look period as long as you have paid your initial premium.
In the event of my death, what will my designated beneficiary have to do to receive proceeds? As soon as your beneficiary notifies the insurance company of your death by calling their toll-free number the company will send a Death Claim Form to the appropriate party for completion.
How many beneficiaries am I allowed to attach to my insurance policy? There is no limit to the number of beneficiaries you may include in your policy.
Contact us to protect yourself and your family with a Non-Medical Term Life Insurance policy.