When the time comes to purchase a life insurance policy, you will most likely be required to submit to a medical exam. This is generally the case for applicants applying for both whole or term life insurance. There is only one type of life insurance that does not routinely require a medical exam and that is guaranteed acceptance life insurance. This is commonly referred to as a non-medical life insurance policy.
In most instances a licensed health professional, normally a general contractor hired by the insurance company will perform the required exam. These individuals are called paramedicals and they often come to your home or office to perform the exam. It is important that anyone applying for life insurance understand the process and what to expect during the required medical exam.
Don’t call your doctor
You may be tempted to contact your own physician for the medical exam, however this is not recommended. In most situations the insurer will not accept a medical exam from your own physician, although they may order an “attending physician’s statement” from your doctor. Throughout the process, you will be asked to answer certain medical questions on your own and the paramedical will complete the other section of your application.
Test varies for different ages and face amount of insurance policy
There are several variables that will determine exactly what type of testing is required for your medical exam. The age of the applicant, medical history, the amount of the life insurance policy and the policy requirements for the individual insurer are a few of the things considered.
Preparing for your medical exam
Once your medical exam has been scheduled, there are a few things you can do to make sure you are in best possible condition at the time of the exam. Consider the following tips to properly prepare for your medical exam. Whenever possible try to schedule an appointment first thing in the morning.
- Drink plenty of water and avoid food. Whenever possible avoid eating for an eight to twelve hour period prior to your exam. Drinking plenty of water will not only keep you hydrated but also make is easier to provide a urine sample if that is part of your exam. It is recommended you cut out foods that are high in fat, cholesterol and salt in the days prior to your exam.
- No alcohol, caffeine or smoking in the 24 hours before your exam.
- Sleep well and avoid strenuous exercise. To ensure your body is in the best possible condition for your medical exam, get plenty of sleep and avoid strenuous activity the day before the test.
The day of the test
When the day finally arrives try to stay calm and answer all of the questions truthfully. Be prepared to show proof or at minimum list the types of medications you are currently taking. Have a valid ID with your at the time of your exam and remember to dress appropriately for a medical exam.
The purpose of the exam
When preparing for your medical exam it is important to remember the purpose of the exam in the first place. The insurer is using the information discovered during the medical exam to determine the overall health of the applicant. This in turn will be used to determine risk and affect your policy terms. For this reason it is important to try your best to properly prepare for the exam to ensure the best possible results.