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Term insurance is an important investment to secure the future of a family in the absence of the head earning member. Let’s find out if you can avail term plans without medical check-up in India in this post.
Term plans safeguard your near and dear ones in the event of uncertainties and since there is no certainty of uncertainties, it is important to stay prepared. Thus, most people prefer to buy term plans to cover their families with protection in case of any untoward situation and when they are not around to support their families. But one prominent question that people ask or are worried about while buying term plans is – Can they buy term plans without a medical check-up?
These days there are several insurance providers who are offering term plans without a medical check-up. With term plans that are available without medical tests, the insured doesn’t have to go through any medical examination to buy a term life insurance policy. In this case, the insurer allows the individual to buy a term plan by considering the age and coverage amount along with overall health of the insured. However, in case the potential policy buyer is suffering from any kind of prolonged illness or a medical condition, the person might have to go through the medical examination before buying the term plan.
You can definitely buy term insurance without medical check-up from insurers who are offering such plans. The age of the potential buyer and the coverage amount of the policy are the two deciding factors when it comes to buying a term plan without medical insurance. Depending on these two factors it is decided whether you have to go through a medical screening or can do without it. But for people suffering from any pre-existing illness or a persistent disease has to undergo the process of medical screening.
Thus, if you are not suffering from any diseases, compare the various plans of term insurance without medical tests before buying the best policy.
Here are the 5 steps to follow:
Below are some of the best term insurance plans available in India without medical check-up:
|Term Insurance Plan (With No Medical Test)||Details|
|ICICI Pru ICare Term Plan||
|MetLife Term Insurance Plan||
|Future Generali Smart Life||
|HDFC Click2protect Plus Plan||
|LIC tech Term Plan||
Below are some points to remember while choosing a term plan without medical tests:
Read More: Benefits Of Choosing A Term Insurance At Younger Stage Of Life
To Sum Up
Term life insurance plans are important financial securities that require prudent understanding and comparisons to be done before you buy the plan. Having a term plan is very important for securing your family and for financial planning as well.
With term-life policies available without medical check-up, it is easy for people to avail them to safeguard their family at cost-effective rates.
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