When it comes to getting life insurance coverage, you have the option of either purchasing a policy on your own or being added to a workplace group policy. If you aren’t offered life insurance through your job, however, applying for a personal policy is your only option for coverage.
On average, about 1 in every 3 American adults will be diagnosed with some form of cancer in their lifetime. These odds make it easy to see that cancer will likely affect you, or at least someone you know, as the years go on.
If you’re applying for life insurance coverage, you may be asked to submit a paramedical exam. This exam, which is provided at no charge to you, usually takes less than an hour of your time. While it is a fairly simple process, the results of your life insurance exam can impact your policy significantly.