Fidelity Life Insurance is one of the oldest and most trusted life insurance companies. They provide real options for the average American who is searching for affordable term insurance that is a no medical exam life insurance policy. There are two programs in particular from Fidelity Life Insurance that can benefit individuals who need to save money on their life insurance policy: Rapid Decision Express and Rapid Decision Senior Term Life.
Rapid Decision Express No Medical Exam Life Insurance
Thanks to the Internet and their new streamlined processes, Fidelity Life Insurance is able to issue their new Rapid Decision Express product in a matter of days instead of months. They have a Rapid App online application form that will quickly advise if you are approved for coverage. It is the fastest and easiest way to get life insurance, and almost everyone who is in good health will be approved.
The Rapid Decision Express plan offers guaranteed level premium term periods of 10, 15, 20, and 30 years. After the level premium period, the rates will increase each year until the age of 94. It is a level death benefit term life insurance product to the age of 95.
All you will need to do to find out if you are approved is answer a few health questions about your medical history. You won’t need any medical tests or exams that will force you to wait weeks or months for results before finding out whether or not you are eligible for coverage. We are able to examine your unique case and recommend a solution that fits your needs, as well as your budget, and get you approved for coverage within 24 hours without a medical exam required.
Rapid Decision Senior Term Life No Medical Exam Life Insurance
This plan from Fidelity Life is well-suited for senior citizens who live on a fixed monthly budget. It offers seniors partial coverage immediately and then full coverage after their third year. There is also the option for whole life insurance for seniors who are willing to pay extra for final expense protection and cash value accumulation, although the term life insurance option is considerably more affordable.
The Rapid Decision Senior Term Life plan provides coverage for ages 50 through 70 for 10-, 20-, or 30-year terms (depending on your age) and it can cover you for benefit amounts ranging from $10,000 to $150,000. It provides a level premium for the life of the policy, and the full death benefit is paid for any cause after the third year. The death benefit will be reduced by 50% at the end of the predetermined term.
The Rapid Decision Senior Term Life insurance policy does not usually require a medical exam, unless there is a need to clarify a previous aspect of your medical history. The approval is based on information obtained from database sources and the answers to Fidelity’s health questions. Because it is a term life insurance policy it's an affordable way for seniors with health conditions to get approved for coverage.
Term life insurance is always the most affordable option, because insurance companies are only covering your policy for a set period of time.