Every time I read a newspaper ad on life insurance, I always get the quote “life insurance no exam guaranteed!” I really wonder why they would emphasize that not until a friend explained it to me. She said that most life insurance company conducts a medical exam to ensure that the client they are insuring is healthy, for short will not die during the paying period or in the next few years. This will assure the company that the client is not just buying an insurance policy just to have benefits secured for the family since he or she is already dying. The company must ensure that they will gainfully benefit from the premium.

On the other hand, some company risk themselves by giving no medical exam on clients but they give off lower benefits or higher premiums. This of course depends on the client. Both kind of life insurances give the same benefits.