What is called as Non medical life insurance?
Non medical life insurance is called as no medical life insurance and it differs from ordinary life insurance policy. In this policy, the applicant will not undergo any medical examination to prove insurability. The main purpose of this policy is to enable applicants who are not applicable to normal policies. Due to some health issues, many people are not able to avail insurance policies and they are denied so some insurance companies like Master health insurance have come forward to use this policies so that the people who are denied in normal policies can avail this policy.
The applicants can get this life insurance policy within a short span of time and there are several types of Non medical life insurance policies available such as simplified issue, guaranteed issue and grade benefit plans.
