You're using an old version of Internet Explorer. Please upgrade to IE 11 or above; or try using a different browser

Skip to Search
Skip to Content

Life insurance with no waiting period and no medical exam

With guaranteed issue whole life insurance, you can avoid having to undergo a medical exam as part of your insurance application process. This type of coverage, available through AIG insurance companies, does not require a medical exam or a coverage waiting period.

No medical exam required

Some individuals may prefer to avoid a medical exam because of a distaste for needles, doctors or tests. If the idea of undergoing a physical examination makes you uncomfortable, guaranteed issue whole life insurance provides a way to apply for coverage without having to take an exam.

Certain individuals may also prefer to avoid a medical exam because they fear being charged higher life insurance premiums because of their health (or even being denied coverage altogether). Many life insurance rates are dictated in part by health, and many applicants can end up faced with more expensive policies based on medical exam results during the insurance underwriting process. Others may assume they won’t be able to obtain affordable coverage because of their health and don’t even bother going through with the exam.

With guaranteed issue whole life insurance, you cannot be turned down for health reasons and no medical exam or labs will be required.

Coverage is subject to receipt of payment and verification of identity as required by law and is effective upon receipt of policy.

No waiting period for coverage

Some forms of life insurance include some periods, which can include the following:

  • Typically, the first two years following the activation of a policy is considered a waiting period. If the insured individual were to die during this time, the beneficiary generally receives only the amount of paid premiums. But with guaranteed issue whole life insurance from American General Life Insurance Company (AGL), beneficiaries receive 110 percent of paid premiums if the insured person dies within two years of the policy effective date.

  • Additionally, most types of life insurance generally take several weeks to take effect while the application and underwriting process plays out. But guaranteed issue whole life insurance can often be activated in just a matter of days.

Why purchase guaranteed issue whole life insurance?
Dying without life insurance can leave your loved ones facing a financial burden, even if they are no longer financially dependent on you. Funerals can cost several thousand dollars. End-of-life medical care can become the responsibility of a spouse or adult child. Debts such as mortgages and credit cards can be inherited by family members.

Because basic life insurance may get more expensive as you age and can be dependent on your health, those who did not purchase a policy when they were young might find it difficult to obtain affordable coverage.

Guaranteed issue whole life insurance from AGL helps you lock in the coverage you need to protect the finances of your loved ones in the event of your death. If you’re between 50 and 85 years old, you are eligible for guaranteed issue whole life protection and can receive permanent coverage up to $25,000 right from the start.

Agency services provided by AIG Direct Insurance Services, Inc. ("AIG Direct"), CA license # 0B57619 and AR license # 0100105378, a subsidiary of American General Life Insurance Company ("AGL"), Houston, TX and an affiliate of The United States Life Insurance Company in the City of New York ("US Life"), New York, NY, all members of American International Group ("AIG").

Policies issued by: American General Life Insurance Company (AGL), Policy Forms: ICC15-15532, 15532, 15532-5, 15532-10. Rider Numbers: ICC15-15200, ICC15-15201, 15200, 15200-10, 15200-35, 15201, 15201-9, 15201-10 and 15201-35. Issuing company AGL is responsible for financial obligations of insurance products and is a member of American International Group, Inc. (AIG). AGL does not solicit business in the state of New York. Products may not be available in all states and product features and rates may vary by state. Guarantees are backed by the claims-paying ability of the issuing insurance company. ©2018 AIG. All Rights Reserved.


Related Information

Is Whole Life Insurance Worth It?

Here are eight scenarios in which whole life insurance may be worth it for you.

Life Insurance Policies With No Medical Exam

What if you could get a life insurance policy without taking medical exams? There are types of life insurance plans that can help you do just that.