No-Exam life insurance policies soar in popularity as prices drop to all-time lows; more and more insurers now offer coverage up to $500,000

DARIEN, Illinois (May 24, 2016) –, the online life insurance pioneer that offers instant quotes from 50 life insurance companies and allows customers to buy from any company on a paperless basis, has good news for those who want to skip the traditional medical examination:  An increasing number of highly-rated life insurers now offer no-exam underwriting up to $500,000, which dramatically simplifies and speeds up the purchase process for life insurance shoppers.  Instant quotes on the new no-exam plans up to $500,000 are now available at

 Even better, some of the no-exam plans offer instant-decision underwriting, depending upon the applicant’s age and state of residence.  Additionally, the LifeQuotes website offers anonymous quoting, which maximizes customer privacy.

“A sea change of product improvement is under way in the U.S. life insurance market and the news could not be better for middle market consumers,” said founder and CEO, Robert Bland.  “More and more life insurers are adding no-exam plans up to $500,000 that offer instant underwriting at unheard-of rates, which now puts high quality life insurance within reach of every American adult who has dependents and a need for life insurance.” recommends that family breadwinners with dependents carry no less than ten times their annual income in total life insurance and that a non-working caregiver with dependents carry no less than $250,000. offers an easy-to-use life insurance needs calculator at

Rob Goss, executive vice president, added, “The new generation of no-exam plans offer a full suite of initial rate guarantee periods, typically ranging from 10 years to lifetime and there is very competitive pricing available for individuals who have non-life threatening health conditions.”

Goss continued, “In order to de-mystify the process and keep rate-ups and declines as low as possible for our customers, we’ve designed our online illustrations to display each company’s actual Acceptance Guidelines, including height and weight charts, so that customers can review them in private before they elect to apply for coverage.  To the best of my knowledge, we’re the only life insurance exchange that shows actual acceptance guidelines along with the price quotes.”

Sample No-Exam, 10 Year Level Term Life Insurance Rates
Female Monthly Rates
Sample No-Exam, 10 Year Level Term Life Insurance Rates
Male Monthly Rates
65$38$58$88$212$444 reminds shoppers that the underwriting process for these plans can entail third party database lookups, including the Medical Insurance Bureau (MIB), past medical records, prescription drug use history, driving record and other data sources.  We urge all customers to be truthful in their answers to the application questions because a material misrepresentation could nullify coverage at a later date.  Rate-ups and declines in life insurance can result in an MIB report history.

 Underwriting for most no-exam plans utilizes e-signature and/or a recorded telephone interview.

The no-exam insurers typically require U.S. citizenship, a valid Social Security number, and a valid U.S. residence.  In some cases, coverage may be available to U.S. residents who are temporarily living abroad.

Past Accolades for

  • 2022: Celebrates 400,000th Customer Milestone
  • 2021: Celebrates 1,000 Google Reviews Averaging 4.8 Stars
  • "2017 Life Insurance Innovation" award winner... Life Insurance Direct Marketing Association
  • "The premier Web site in terms of details and ease of use..." -- Yahoo! FINANCE
  • Twice Ranked #1 life insurance website by Kiplinger's
  • Named a "100 Most useful website" by MSN Money
  • Past Winner: Forbes' "Best of the Web"
  • "The best website I've found..." -- Dallas Morning News
  • "...we'd recommend you do your insurance shopping here..." -- Barron's
  • "...outstanding - as good as a Web site on insurance can possibly be. Hats off and a gold star to the top insurance site on the Web." -- Insurance for Dummies

About is an Insurtech pioneer that caters to self-directed life insurance shoppers at  The company's innovative technology allows customers to instantly view quotes from 50 insurers and buy from the company of their choice on a paperless basis. The company's proprietary rating engine and illustration system also reveals underwriting guidelines for improved accuracy and customer transparency. LifeQuotes also provides life insurance telephone fulfilment services to larger organizations.

More than 400,000 people have purchased policies through since the firm's founding in 1984. According to Data Bridge Market Research, the Insurtech market is expected to witness market growth at a rate of 42.4% in the forecast period of 2021 to 2028 and is expected to reach $46 billion by 2028 as more and more self-directed consumers discover the benefits on buying online.

Survey Methodology

Life insurance policies described, quoted, shown and illustrated in this press release may not be available in all states and certain terms may vary by state where required by state law. The supplemental policies described provide limited benefits and are NOT comprehensive health insurance or major medical insurance and they do NOT satisfy a person's individual obligation to secure the requirements of minimum essential coverage under the Affordable Care Act (ACA). For more information about the ACA, refer to Policies examined include American Family Life Insurance Company, Madison, WI, policy form ICC14-LD10001; American National Insurance Company, Galveston, TX, policy form ART 12; Assurity Life Insurance Company, Lincoln, NE, policy form I L1702; Banner Life Insurance Company, Urbana, MD, policy form ICC08-LIA, and William Penn Life Insurance Company, Garden City, NY, policy form LIA-WP, both Legal & General America companies; Foresters Financial of Toronto, Canada, under form ICC16 770620; Haven Life Insurance Agency, Issued by C.M Life Insurance Agency, LLC, a subsidiary of Massachusetts Mutual Life Insurance Company (Mass Mutual) of Springfield, MA. Policy form # ICC19PCM-SI 0819); Lincoln Life & Annuity Insurance Company of New York, Syracuse, NY, policy form LEF06321-18_7-10, and The Lincoln National Life Insurance Company, Fort Wayne, IN, policy form LEF06321_5-12, both insurance company affiliates of Lincoln National Corporation, whose marketing name is Lincoln Financial Group; John Hancock Life Insurance Company (U.S.A) of Boston, MA 02117, on policy form number ICC16 2016TERM and John Hancock Life Insurance Company of New York, Valhalla, NY 10595, Minnesota Life Insurance Company and Securian Life Insurance Company of St. Paul, MN under policy number F76777-15; Pacific Life Insurance Company of Newport Beach, CA, policy form P16YLT. North American Company for Life & Health Insurance, Chicago, IL, policy form LS174; Penn Mutual Life Insurance Company of Horsham, PA, under policy form ICC13-LT; Principal Life Insurance Company of Des Moines, IA, under policy form ICC17 SN 104; Protective Life and Annuity, Birmingham, AL, policy form TI-15; Pruco Life Insurance Company of New Jersey, Newark, NJ, policy form ORD 96200-2010.