Life insurance isn’t all about making the people you leave behind super-wealthy.

However, figuring out the exact amount of coverage to purchase can be a bit confusing.

But:

100000 life insurance no exam

What if I told you that it is super easy to get a $100,000 life insurance with no medical exam policy and that if approved, you could have coverage within a few minutes.

Today I am going to go over how much a $100,000 life insurance policy is going to cost, who needs that much life insurance and the best company to get it through as well as some sample quotes.

How Much Does A $100,000 Life Insurance Policy Cost?

A $100,000 life insurance policy costs around $9.25 for a 36 year old woman in excellent health looking at a 10 year term and $11.08 per month for a male in excellent health looking for the same coverage. The term length you choose and your current health can also affect your rates.

Below are some sample $100,000 term life insurance rates with no exam required: 

Sample $100,000 Term Life Insurance No Exam Quotes

The below rates are based on a 36 year old male and female, both non-tobacco users and in excellent or preferred health.  

  • Female

  •    Male   

$100,000 No Exam Term Life Insurance Rates For Women

Rates based on a term policy for a 36 year old female non-tobacco user in preferred health.

Term Length

Monthly Premium

10 Years

$9.25/month

15 Years

$9.25/month

20 Years

$9.92/month

25 Years

$12.08/month

30 Years

$14.42/month

I bet you are shocked at how affordable a $100,000 life insurance policy can be, especially the 30 year term option.

But guess what, a study conducted by Life Happens found that over 44% of people overestimate the cost of life insurance so you aren't alone in thinking it was going to be more expensive.

THE SIMPLY INSURANCE WAY

No Exam Life Insurance made easy.

Agents not required.

Get quotes and sign up online without talking to an agent. But, we are here if you need us. 

Unbiased, expert advice.

Get unbiased insurance education from licensed experts and also avoid dodgy sales calls.

Coverage in minutes.

You can get no exam life insurance coverage within minutes of getting your quotes and applying.

Who Needs $100,000 In Life Insurance

Depending on your situation, $100,000 will probably go a very long way when it comes to protecting your family's financial future.


Below is a list of people that probably should get a $100,000 no exam term life policy:

Single Young Adult With No Kids

I am going to be brutally honest here, young adults without kids are some of the most unreasonable people when it comes to life insurance.

They assume that they don't need coverage because they don't have any dependents.

However, they often fail to realize that someone still will have to pay to bury them.

There are soo many profiles on GoFund Me of young people who don't have life insurance, and it really makes absolutely no sense. 

Single Parents With Newborn Babies

If you are a single parent and just had a baby, it is essential that you have life insurance.

You are the last line of defense for your child and the one who is primarily responsible for their well being.

$100 000 might seem a bit low, but if you pass away unexpectedly, you don't want to leave your kids in a financial bind.

Kids are expensive.

$100,000 is right at the mount you should have to cover your new baby if someone else has to take them in.

Freelancer

As a freelancer, we are responsible for everything, and without us, no money comes in.

We are the most vulnerable when it comes to needing life insurance because the buck literally stops with us.

If we pass away unexpectedly, our families income goes to 0, and they would be left in financial ruin.

Purchasing 100k life insurance with no medical exam is probably one of the best moves you will be able to make.

It would cover any initial expenses needed to cover your burial and keep your family financially sound until they figure out their next moves.

Someone Purchasing An RV

The average price of an RV in the United States is around $100,000.

This means that you want to make sure your family has enough to pay off your Rv loan, especially if you use it as your primary residence.

If you have just purchased a motor home, you want to be looking at a 100,000 dollar 30 year term life insurance policy.

The best things about these policies is that they come without needing an exam and you can get coverage super fast.

After 30 years your loan should be gone, and you won't need as much coverage.

Underwriting Process For $100K Term Life Insurance Policy With No Medical Exam

No one is interested in waiting weeks or sometimes months to receive something they have purchased.

I get upset when my internet goes down for only 1 hour, and I am sure I am not alone.

100k life insurance

With a no exam policy, you would be able to purchase $100,000 in life insurance almost instantly if you are approved.

We have a product that allows you to get a quote, apply, get approved, and pay for your coverage in under 5 minutes.

There are three reasons this can happen:

No Exam

It sounds silly, but yes, not having to take an exam is the best reason to go with a no exam option.

The no physical option cuts about 2 weeks off of your waiting time when it comes to life insurance.

3 Major Reports Pulled

Your proof of insurability is only going to be determined by 3 major reports that are pulled.

MIB Report - This report is all about your history of applying for life insurance.

If you have applied for coverage, recently this report will show which company you applied with and the outcome of the application.

Prescription Drug Report - This report is going to show what prescriptions you have had filled in the last 7 years. 

It is used to confirm the answers on your application basically.

If you say you don’t take medicine for diabetes, but your prescription report shows you take metformin, that raises a red flag.

Motor Vehicle Report - This report is run to make sure you don’t have any type of suspended licenses,  DUI’s or DWI’s. 

Most of the top life insurance companies will not offer you life insurance if you have a suspended license because of one of the above reasons.

Real-Time Underwriting

The simplified issue no exam process also takes you through real-time underwriting, this means that your application for approval is being underwritten while you are completing it.

The questions will change depending on how you answer them, and at the end of the application, a decision will be given of either approved or not approved.

If you are approved, you will be able to choose your final coverage amount and rate and pay for your policy for instant coverage.

INSURANCE WHERE YOU LIVE

No Exam life insurance by state.

What A 100000 Life Insurance Policy Can Cover?

If you were wondering what things your life insurance policy would cover, we have listed some below:

  • Funeral
  • Mortgage
  • Credit Card Bills
  • Living Expenses
  • Final Expenses
  • Grief Counseling
  • Debt
  • Vehicle Payment
  • Insurance Policies
  • Child's Daycare
  • Kids College Books

This is just a short list, but there are an unlimited amount of things that someone can pay for with a $100,000 lump sum policy.

We even asked over 30 personal finance experts how surviving spouses should invest their life insurance proceeds.  

Just be sure to leave the money to someone responsible.

THE SIMPLY INSURANCE WAY

No Exam Life Insurance made easy.

Agents not required.

Get quotes and sign up online without talking to an agent. But, we are here if you need us. 

Unbiased, expert advice.

Get unbiased insurance education from licensed experts and also avoid dodgy sales calls.

Coverage in minutes.

You can get no exam life insurance coverage within minutes of getting your quotes and applying.

The Best Company For No Exam $100k Life Insurance

While there are some excellent no exam life insurance companies to choose from, we haven't found any better than Bestow, Haven Life, and Fabric.

These three companies have essentially mastered the process of no exam life insurance. Check out our quick overview of them below:

bestow logo

Available For Ages:

18 to 60 Years Old

Coverage Amounts:

$50,000 to $1,500,000

20 Year $250,000 Quote:
$17.50/month

Check out our Bestow life review

haven life logo large

Available For Ages:

18 to 65 Years Old

Coverage Amounts:

$50,000 to $3,000,000

20 Year $250,000 Quote:

$18.90/month

Check out our Haven life review

fabric life new logo

Available For Ages:

21 to 60 Years Old

Coverage Amounts:

$100,000 to $1,000,000

20 Year $250,000 Quote:

$20.39/month

Check out our Fabric life review

If we had to choose out of the 3 we would go with Bestow, this is because they can cover you faster than any product on the market.  

You can go from quote to covered in under 5 minutes and there is absolutely no exam.  Want to learn more about them? Check out our full Bestow life insurance review.

How To Get Covered For A $100,000 Life Insurance Policy Today?

The best way to get covered for a 100000 life insurance policy is to click on the button above or get free and instant quotes and apply for coverage through Bestow.

They have one of the fastest life insurance application processes and are backed by a Top A rated insurance company.

Don't wait around for life insurance coverage, it's always most important to protect your family's financial future.

Frequently Asked Questions


How much does 100k life insurance cost?

A $100,000 life insurance policy costs around $9.25 for a 36 year old woman in excellent health looking at a 10 year term and $11.08 per month for a male in excellent health looking for the same coverage. The term length you choose and your current health can also affect your rates.

What is the highest amount of life insurance you can get?

The highest amount of life insurance you can get is up to 30 times your annual income. Each insurance company will have its limits. However, if you are looking for a no-exam policy, the most you can get is $1.5 Million in life insurance.

At what age should you get life insurance?

You should get life insurance in your 20s or 30s if you want to lock in the lowest monthly premiums for the most extended period. As with several insurance products, the younger you are when you buy, the lower the rates.

What happens if you outlive your term life insurance?

If you outlive your term life insurance policy, you will need to purchase new coverage or convert your policy into a whole life policy before it ends. If you pass away even one day after your policy ends, the insurance company won't pay the death benefit.

No Exam Life Insurance Coverage oPTIONS (By amount)



Sa El

About the author

Sa El is the Co-Founder of Simply Insurance and a licensed Insurance Agent with over 12 years of experience in the industry.  He specializes in Life & Health Insurance and is certified in Long Term Care Insurance in the state of Georgia. He is also an Official Member of the Forbes Finance Council, a licensed real estate agent in the state of Georgia (License #382602), an entrepreneur, insurance educator, and freelance writer.


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