No Medical Exam Term Life Insurance

After much search we have found a company that will offer affordable term life insurance that will not require that you submit to a paramed exam.

With today's busy lifestyles, many people simply don't have time to schedule someone to come to their home or office to draw blood and get a urine sample.  Instead of going through that pain and hassle, and waiting an average of 2 months before you know if you are approved, you can get your life insurance taken care of in less than 10 minutes, and often be approved in 48-72 hours.

This program is ideal if you:

• Don't like needles
  
• Don't want someone snooping in your blood and urine
  
• Don't have time to mess with a paramed exam
  
• Want to get this taken care of so you can move on to other things

How to Choose a Plan and Apply

Choosing a life insurance plan is simple.  First decide how much coverage you want - $50,000, $100,000, $200,000, up to $300,000 in most states ($200,000 limit for those purchasing after age 45).  Then decide the "term" of the coverage - 5, 10, 15, 20, or 30 years (20 year term is most popular).  What this means is that the coverage will be in force for the entire period of your term, and that your premiums will not go up during the entire time.

Simply answer 10 yes/no questions, provide your basic personal information (name, address, date of birth, etc.), and initial payment information, and fax your application back to us at 866-284-0082.  Most cases are approved within 48-72 hours.

Note:  Rates quoted above for non-smoker residing in Colorado purchasing 10 year term coverage.  The maximum coverage available for over age 45 is $200,000

OPTIONAL RIDERS

The following are optional riders that you can add to your plan:

Waiver of Premium Rider (WP)

Issue ages 20 to 55.  There is a 6 month (retroactive) waiting period for the rider.  The rate for WP is 0.21951 times the total annual premium for the policy (including the policy fee and other riders).  For example, if the total annual premium was $500.00 then the cost of WP would be 500 x .21951 = $107.55.  The new total annual premium would be $607.55.

Dependent Child Rider

Available where the primary insured is aged 19 to 60.  Issued to children aged 15 days to 18 years.  The cost is $8.00 per year per $1,000 ($5,000 to $25,000 available).  Coverage expires when the child reaches age 23, when the primary insured reaches age 65 or when the policy terminates, whichever comes first.  Dependent Child coverage is only available to children who are standard risks.  No substandard coverage is available under this rider.

Accelerated Death Benefit Rider

Beginning in policy year 3, the rider provides for an advance payment of up to 50% of the death benefit if the Insured has a life expectancy of 12 months or less.  Death Benefits are reduced by the advance plus interest.  There is no additional charge for this rider. 
This benefit is not available in all states.

Accidental Death Benefit (ADB)

The ADB rider has a Travel Benefit feature which provides an additional benefit of 1 times the ADB amount (to a maximum of $300,000) for accidental death while a fare paying passenger in a public conveyance such as an airplane, bus or taxi.  This rider is available for applicants age 20 - 60.

Premiums per $1,000:

Ages 20 to 40 $1.20
Ages 41 to 50 $1.10
Ages 51 to 60 $1.00

NOTE: Not all riders are available in all States.

UNDERWRITING REQUIREMENTS

Getting approved for the Fidelity Rapid Decesion Term Life Insurance policy is simple.  You will be asked nine to ten questions, depending on your state of residence.  If you answer yes to any of the questions, your application will be declined.  If you answer no to each of the questions, your height and weight are in acceptable range, and you do not partake in any "Risky Activities or Occupations," then HSBC will perform a quick check of your MIB (Medical Information Bureau) file, as well as your prescription history.  If your MIB file and Rx check does not conflict with your answers to the health questions on your application, your policy will be instantly issued, and you will be able to save and print a copy of your policy from your own computer.

Application Questions

The main health questions asked are as follows:

1. Are you a United States citizen or do you have Permanent Resident (Green Card) status?
   
   
2. Are you currently taking any medication (by prescription or over the counter) or receiving medical or mental health treatment of any kind?
   
   
3. Has any natural parent or sibling been diagnosed with or died of cancer or heart disease prior to the age of 60?
   
   
4. Have you, within the past 10 years, been treated by a physician for or been diagnosed as having:
   
   
   1. chest pain, myocardial infarction (heart attack), blockage or narrowing of the arteries, irregular heart beat (arrhythmia), hypertension (high blood pressure), stroke, transient ischemic attack (TIA), thrombosis, aneurysm or any other disorder of the heart or blood vessels?
      
      
   2. diabetes, hyperthyroid, internal cancer or tumor, lymphoma, melanoma, leukemia, hepatitis or other liver disease, pancreatitis, kidney disease, urinary tract disorder or disorder of the breast?
      
      
   3. Human Immunodeficiency Virus (HIV), Acquired Immune Deficiency Syndrome (AIDS) or AIDS Related Complex (ARC)?
      
      
   4. sleep apnea, cystic fibrosis, asthma, emphysema or other treatment for breathing or lung disorders?
      
      
   5. memory loss or dysfunction, seizures, psychological (emotional) or learning disorders?
      
      
   6. multiple sclerosis, rheumatoid arthritis, paralysis, cerebral palsy or connective tissue disorders (lupus or scleroderma)?
      
      
5. Have you, within the past 5 years:

1. been a patient in any hospital, clinic, dependency program, halfway house or other medical facility?
   
   
2. used controlled substances such as cocaine, heroin, amphetamines, barbiturates or hallucinogens?
   
   
3. been treated by or been advised by a physician to seek treatment for drug or alcohol use?
   
   
4. been advised to have any test (except HIV tests), treatment, surgery or hospitalization which has yet to be completed?
   
   
5. had an application for life or health insurance rated up, postponed, declined or denied reinstatement?

6. Have you, within the past 24 months, used any form of tobacco or nicotine product, including cigarettes, cigars, pipes, chewing tobacco, snuff, nicotine patches or nicotine gum?
   
   
7. Have you, within the past 3 years, engaged in or do you plan to engage in:
   
   
   1. any aviation activity other than as a fare-paying passenger on commercial airlines?
      
      
   2. any form of organized motor racing, scuba diving, hang-gliding, cave exploration, parachuting, mountain, rock or ice climbing, rodeo, bungee jumping or ballooning?
      
      
8. Have you, within the past 3 years, been convicted of driving while under the influence of alcohol or drugs or had a driver's license suspended or revoked?
   
   
9. Do you intend to travel, live or work outside the United States or Canada?
   
   
10. Are you currently on probation or have you, within the past 5 years, been convicted of a felony?

Please note that some states have state specific questions that are slight variations of above. There is also a qualification question about being a U.S. Citizen.

Height and Weight

You must fall in the following ranges (for both male and female) to be eligible for this coverage:

Automatic declines will generate if:

• Applicant's height/weight is outside of underwriting guidelines
• The product is not available in the applicant's residence state
• Applicant's age is out of underwriting guideline range

Beneficiaries

You may name anyone as beneficiary.  The beneficiary does not need to be a U.S. citizen.  You may only name one beneficiary at the time of application.  Once the policy is in force, the beneficiary name can be changed and/or additional beneficiaries can be added by completing appropriate paperwork.

Payment Methods

There are two options:

• Electronic Funds Transfer from Bank Account
• Credit Card/Debit - VISA, MasterCard, American Express and Discover accepted

NOTE: If you live in the state of Kansas, a direct bill option must be provided, upon request.

Customer FAQs

Q: What type of insurance is this?

A:  This is Term Life Insurance, the type that many financial experts recommend to provide the highest amount of coverage at the lowest cost.  With this plan, your rates are level meaning that they will not go up for the full term of the policy.  At the end of that term, you have the option to renew the policy at the rates that apply at that time.

Q: Does this policy require a medical exam?

A:  The policy does not require a medical exam.  Fidelity does, however, ask several health-related questions and reserve the right to verify your responses through various sources, including the medical information bureau (MIB).  For any number of reasons, Fidelity may need to contact you via telephone for additional information.  Any incorrect information on your application could also lead us to cancel your policy.

Q: Do the Rates Go Up?

A:  No.  The rates are guaranteed to remain level (or the same) for the original term of the policy.

Q: Can I Change a Beneficiary?

A:  A beneficiary may be changed at any time.  When the policy is initially issued, you will receive a Welcome Kit in the mail (also an additional copy on-line) and it will provide you the information you need to change beneficiaries.

Q: How will I be billed?

A:  The premiums can be conveniently charged to a credit card of your choice (MC, Visa, American Express or Discover), or directly deducted from your checking account based on the billing mode selected.  Direct billing (mailing a check for payment) is not an option.

Q: Can I cancel?

A:  Yes, you can cancel at any time.  From the date that you are covered, you have 30-days to review your policy and cancel for a full refund of the premium paid during the first month.  You can also call at any time after that to receive instructions about submitting your cancellation request in writing, and there will be no future billing of premium.

Q: How do I cancel?

A:  You may call us at any time to receive instructions about submitting your cancellation request in writing.

Q: When is coverage effective?

A:  You are covered once your application has been approved and signed, the MIB report has been checked, and your credit card or checking account has been billed.

Q: What is the Medical Information Bureau?

A:  It is a confidential, not-for-profit database used by insurance companies throughout North America.  Fidelity utilizes it to conduct a quick check of the medical information provided on your application to ensure that there is nothing in the database that conflicts with the answers you have provided to us.

Q: I am currently pregnant. What weight should be provided (pre-pregnancy or current)?

A:  We request your weight immediately PRIOR to the current pregnancy.

Q: If I am a U.S. citizen that later leaves the country, am I still covered?

A:  Yes.  As long as you were a U.S. citizen when coverage was elected, you would be covered.