Does anyone know of a good life Insurance Company without medical exams?

Does anyone know of a good life Insurance Company without medical exams, and one that will allow you to get back all your paid premiums at the end of the term, if there is such a thing like that? Also one that want drop you when your term comes to close just because you got very sick 10, 15, 20 years later.

Thanks

In my experience with insurance companies that doesn’t do medical exams, they tend to have very strict rules in their policy. For example, your health status must not change throughout the term of the policy. In most cases, there is no guarantee they will ever pay out (but they won’t say that to you. You have to read the policy to find that fact out).

There is a term insurance that returns your premium and thats called ROP Term Insurance. This will cost more than a traditional level term insurance. These types of policies also have strict rules such as you must not miss any premiums or the amount you will get back will decrease or the policy will terminate without you getting anything back. Basically how this policy works is that the company will take your premiums and invest it so that they can actually pay all or some of the premiums back to you at the end of the term. Most ROP Term insurance policies build cash value as well.

I would just get a regular term insurance and invest the difference yourself. The amount of savings you will build will be far greater than the total amount you have paid into the term at the end of the policy.