The thought of having to undergo a medical exam can make many people avoid plans that require the exam, or in some cases turn them off buying life insurance completely. In truth, the medical exam is a relatively simple process that’s nothing to worry about.
Why do I need a medical exam to get a life insurance policy?
When a life insurance company issues insurance they need to know how in advance how much risk is involved. For example, if they give you a term policy that lasts for ten years they need to calculate how likely it is that you may pass away during that period. A medical questionnaire and exam can help the insurers determine the risk of issuing the policy and in turn calculate an appropriate premium for the plan. There are policies available that don’t require policyholders to have a medical but the premiums are often much higher to offset the risk.
What happens at a life insurance medical exam?
A life insurance medical is actually very straightforward and can be done in the comfort of your own home. You’ll book your examination with a local licensed medical examiner who is authorized to carry out the exam on behalf of your potential insurer. Most exams last less than 30 minutes. The medic will take your blood pressure, measure your heart rate, and note your height and weight. They will also take a blood sample to test for diseases such as diabetes, and measure the functionality of your vital organs. In addition, you will need to provide a urine sample. If you are over 50 you may also undergo an EKG, which provides a basic reading of your heartbeat over a short time.
Preparing for your life insurance medical exam.
It’s very common for people to get stressed about having a medical exam. However, there are a number of steps you can take to help you get the results that best reflect your current health:
1. Schedule the exam at a time of day when you generally feel most relaxed. For many people this is generally first thing in the morning.
2. Avoid alcohol and caffeine for at least 6 hours before the exam. These substances can have a negative effect on the tests so abstaining can help improve your results.
3. Take a break from strenuous exercise for 24 hours before the exam. Letting your body recover and relax for this time period can be beneficial to the results.
4. Don’t use nasal decongestants for at least 24 hours.
5. Limit your nicotine intake for at least 1 hour before the exam to ensure that your tests show the most accurate data.
The medical exam is really nothing to worry about. In fact, undergoing the medical exam can help you find the most affordable life insurance. Use IntelliQuote’s online quoting system today to find the coverage you need to protect your loved ones.