Comments on: Does anyone know of a good life Insurance Company without medical exams? http://www.termlifeinsurancevs.net/term-life-insurance-no-exam/does-anyone-know-of-a-good-life-insurance-company-without-medical-exams The Truth Revealed About Life Insurance Thu, 01 Jul 2010 03:59:59 -0500 http://wordpress.org/?v=2.9.2 hourly 1 By: Finance1o1.blogspot.com ® http://www.termlifeinsurancevs.net/term-life-insurance-no-exam/does-anyone-know-of-a-good-life-insurance-company-without-medical-exams/comment-page-1#comment-378 Finance1o1.blogspot.com ® Sun, 24 Jan 2010 01:49:59 +0000 http://www.termlifeinsurancevs.net/term-life-insurance-no-exam/does-anyone-know-of-a-good-life-insurance-company-without-medical-exams#comment-378 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.<br><b>References : </b><br> 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.
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