by Sa El

May 27, 2024

I know you’re probably tiered of all the websites that promise to give you no exam life insurance.

However, when it’s time to apply for your “instant coverage” you usually end up going through an endless cycle of phone calls.

Most of these calls will have you filling out a ton of forms and usually no fast coverage.

instant life insurance

But what if I told you that buying life coverage online instantly is very real and that you can get fast life insurance quotes online. 

Today we will cover the average cost of instant life insurance, what an instant life policy is, where to find the best instant life insurance companies, how the same day life insurance application process works and more.

How Much Does Instant Life Insurance Cost? 

The average cost of an instant no medical exam life insurance policy is about $65.00 per month and the average coverage amount purchased is around $500,000 for a 20 year term.

Where Can I Get A Fast Life Insurance Quote? 

You can get fast and anonymous life insurance quotes below, just keep in mind that specific rates are going to be determined based on your policy needs. 

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If I purchased a $500,000 – 20 Year No Exam Term Policy as a non-tobacco male at 37 years of age my rate would be just $31.42 per month.

What Is Instant Or Immediate Life Insurance?

In “plain English” Instant life insurance works just like a traditional term life insurance policy; however; it doesn’t require a medical or physical exam.

The main difference between an instant product and a traditional term life policy is the underwriting and approval process; You essentially get to buy life insurance now, and still get the same options and types of coverages like any traditional term life policy:

  • Death Benefit – The Amount Of Coverage You Want To Leave For Your Family
  • Term Length – You Still Get To Choose How Long Your Policy Lasts 2, 10, Or 20 Years.
  • Beneficiary – You Still Get To Pick Who You Will Leave The Death Benefit To.

Below we will discuss the differences in the different products vs an instant product but first, let’s review some pros and cons of an immediate term life insurance policy.

How The Application Process Works For An Instant Issue Life Insurance Policy

Now that you know what instant or fast life insurance is, we need to go over how the application process works so that you can know what to expect.

The first step to this process is to get a  life insurance quote, you should be able to get these without giving any personal information.

After that, it’s time to complete the application

An Easy Online Application Process

Once you have viewed your quotes and decided to move forward, you shouldn’t have to request for an application to be sent to you.

These products will have an insurance application that can be completed 100% online 24 hours a day 7 days a week.

Not only can you access it all online, but it will be effortless to complete and straightforward to follow.

You will be able to compare quotes based on death benefit, issue age or health class if you are looking for coverage for more than one person or just yourself.

The whole process shouldn’t take, on average, more than 5 to 10 minutes depending on how fast you type.

Instant Underwriting & Approval

This is going to be the final step of the process.

The cool thing about an immediate life insurance policy is that in the background, while you are filling out your application, the underwriting is happening in real time.

Real Time means that the application asks about your health conditions based on how you answer the health questions on the application and makes decisions of your approval based on this information.

Through the process, it will pull your information for things like your prescription drug history, your driving record, and medical history as well as your history of applying for a life policy.

It will use all of this information together, and by the time you get to the end of the application, it has an answer for you.

These answers can only be:

Approved –  You have been approved for the policy, and now you can make your payment, usually with a credit or debit card, and as long as you make your premium payments you will have some guaranteed death benefit protection. 

Declined – You have been declined, and the company will send you an email with a general idea of why you were declined.

Remember if you need high risk insurance or life insurance after a heart attack, then this isn’t the best product for you.

That is exactly how a true, instant no medical life insurance policy works, for an even better understanding of the different “instant” products check out our quick comparison charts below.


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AlabamaALAlaskaAKArizonaAZArkansasARCaliforniaCAColoradoCOConnecticutDelawareFloridaFLGeorgiaGAIdahoIDIllinoisILIndianaINIowaIAKansasKSKentuckyKYLouisianaLAMaineMEMarylandMassachusettsMichiganMIMinnesotaMNMississippiMSMissouriMOMontanaMTNebraskaNENevadaNVNew HampshireNew JerseyNew MexicoNMNew YorkNYNorth CarolinaNCNorth DakotaNDOhioOHOklahomaOKOregonORPennsylvaniaPARhode IslandSouth CarolinaSCSouth DakotaSDTennesseeTNTexasTXUtahUTVermontVirginiaVAWashingtonWAWest VirginiaWVWisconsinWIWyomingWYVermontVTNew HampshireNHMassachusettsMAConnecticutCTNew JerseyNJMarylandMDHawaiiHIRhode IslandRIDelawareDE VIEW RATES IN YOUR STATE

How Is Instant Issue Life Insurance Different From Regular Term Life?  

Instant issue term life insurance has made the life insurance buying process “instant.” With an instant approval you won’t need a medical exam, you won’t have to wait months to find out if you are approved and you won’t have to fill out multiple forms. Most regular term life insurance policies still require you to take an exam.

Instant Issue Life Policy Vs Regular Term Life Policy

Instant Issue Term Life

  • Up To $1,500,000 In Coverage
  • 5, 10, 15, 20, 25, & 30 Year Terms
  • No Exam Required 
  • No Waiting Period
  • Real Time Underwriting
  • No Agents
  • Instant Issue & Approval
  • Slightly Higher Premiums

Regular Term Life 

  • Up To $25,000,000 In Coverage
  • 5, 10, 15, 20, 30 Year Terms
  • Exam Required
  • 3 – 4 Week Waiting Period
  • Full Underwriting Process
  • Medical Records Required
  • Need To Deal With An Agent
  • Lower Premiums

Hopefully you now have a better understanding of the primary differences between the two products.  

While no-exam might not be the most affordable option every time, the rates are very close to regular term policies and the speed to approval is like no other product around.

Immediate Life Quotes For Women


10 Year Term

20 Year Term

30 Year Term

























*Sample rates are based on a 33 year old female in preferred health and is a non-tobacco user as of 2/24/2021

Quick Life Quotes For Men


10 Year Term

20 Year Term

30 Year Term

























*Rates are based on a 33 year old male in preferred health and is a non-tobacco user as of 2/24/2021

Where Can You Find Instant Term Life Insurance Policies?

The company that stands out the most for instant term life policy with no exam & no waiting for coverage to start is Haven, Ethos, and Bestow

What Is The Best Life Insurance Company For Instant Coverage?

If you want to buy a life policy online now, we think Haven Life is the best company for the job.  Along with their simplified issue life product, and being backed by an A+ rated insurance company, Haven also offers some of the below benefits and features:

  • Get Up To $2 Million In Death Benefits
  • Term Options Of 10, 15, 20, 25 & 30 Years Available
  • Apply Online In Under 5 Minutes & Get An Instant Insurance Policy Now
  • No Exam, No Waiting Periods, No Agents & No Hassle

Who Should Be Buying Life Insurance?

Instant term life insurance coverage is best for people in good to excellent health between the ages of 18 and 60 years old and is looking for less than $1.5 million in coverage for a specific period. If you are young and health your rates for an instant issue term life policy could be less expensive than a regular fully underwritten policy in some cases. 

Below we cover in more detail why certain people should look into instant term life:

Healthy People & Young People

The best candidates for an instant issue life insurance policy is going to be people that are young and also people that are healthy. Your health history is still used to determine your final underwriting decision when it comes to instant insurance policies, so your health is a huge factor in your approval.

The reason this is great for younger people is that the majority of young people will not have been diagnosed with anything and won’t be on any prescription medications. If you have preexisting conditions like diabetes, have heart problems, or take multiple medications then this probably not the best product for you.

This really is the best life insurance for young adults, especially if you haven’t been diagnosed with anything, aren’t on any prescriptions, and want a policy without medical exams or records.

People Afraid Of Needles

If you don’t like needles, this will be one of the best insurance products for you because there is No Exam. For traditional life policies, you would have to take an exam, but with an instant issue no physical life plan you are good to go. Even if you have to pay a bit more per month, it is well worth it to go without the needles.

Someone Ordered By A Judge (Divorce Or Child Support)

One of the most overlooked reasons people need to get a policy on their life is because of a decree that’s given by a judge. It could be a divorce decree or a child support settlement, and usually, you will need to get this coverage in place extremely fast. I had clients that would call me in the past all of the time with this issue, and we almost never were able to help them if they went with the exam route due to the amount of time it took.

When dealing with life insurance and divorce, it’s best to get this coverage in place fast to satisfy the court’s mandate. If you have this situation, you now have a much faster choice to get life quotes instantly with no exam and no waiting period. 

Someone Who Can’t Get Traditional Insurance

If you are between the ages of 45 to 85 and have been unable to get covered for a traditional life policy, then a Final Expense or Burial Insurance policy will probably be your best option. While we do offer final expense coverage, you can read this great Lincoln Heritage review that goes over how final expense or burial insurance works and also some costs and coverage options

How To Apply For Life Insurance Fast?

You can buy life insurance online instantly over the internet today by clicking here.

As a matter of fact, you can get the entire process completed within 5 minutes.

The level of procrastination that is usually associated with buying life insurance has all come from the purchasing process.  

fast life insurance

Those days are now over and soon will be a thing of the past, there is no need to wait any longer. Now that there are instant life insurance policies, it’s going to be hard to give an excuse as to why your family isn’t covered.  Getting insurance in an instant is now a reality and just a click away, you can click here or on any button above to get started.

Frequently Asked Questions

Does life insurance go into effect immediately? 

Life insurance goes into effect immediately unless you choose a future start date or the policy states it has a waiting period. It should be easy to find term, no exam, and whole life policies that don’t have waiting periods online.

How quickly can you get life insurance?

If you need coverage quickly (within a few minutes), your best option will be an instant life insurance policy. If you apply for immediate decision life insurance online, you can have approval within 24 hours.

What life insurance has no waiting period?

Depending on the product, both term life insurance and whole life insurance have no waiting period. Usually, graded life, modified life, or guaranteed issue life policies will have a waiting period.

What will disqualify you from life insurance?

If you are going for a no-exam life insurance product, conditions such as Diabetes or Uncontrolled high blood pressure could disqualify you from life insurance. However, if you are okay with completing an exam, a more traditional policy might be best. 

About the author 

Sa El