Mortgage Protection Insurance No Medical Exam (2023 Update)
Fill out our quoter to compare rates among the top no medical exam mortgage protection companies.

Some mortgage protection policies come with a medical exam and some do not.
While you can potentially get lower prices with medical exam policies, many people choose not to go that route because it takes many weeks to get approved and is a hassle.
This article will show you mortgage protection policies with no medical exam if that is the route you want to go.
We also offer medical exam policies if you are very healthy and are curious about lower rates.
Table Of Contents
Medical Exam Vs. No Medical Exam
There are many types of mortgage protection products out there, and not all are created equal.
Traditionally, all policies required a medical exam because we did not have the technology to calculate risk without it.
However, in recent times many companies offer no medical exam policies in a way to add more value to you the consumer and speed up the process.
Here are the pros and cons to each.
Non-Medical Exam | Medical Exam |
---|---|
– Generally Higher Rates | – Lower Rates For Healthy People |
– Quick Approval | – Approval Takes Weeks |
– Quick Application Process | – Application Takes Time |
– Immediate Coverage | – No Coverage While You Wait |
– Rates Are Known Ahead Of Time | – Rates Can Change Depending On Medical Exam |
Medical exam policies can be a pain, especially if you have certain health conditions.
With that being said, both are a good option, it just depends on what you value most.
No Medical Exam Mortgage Protection Insurance Prices
While no medical exam prices are slightly higher, it is very marginal for younger people.
Here are some sample rates for mortgage protection policies with no medical exam.
Note: These monthly rates are for non-smoking males with a 10 yr term, with coverage up to age 95. You can purchase coverage up to age 75. If you are older you must go with a medical exam policy.
Coverage | 40 yr old | 50 yr old | 60 yr old | 70 yr old |
---|---|---|---|---|
$50,000 | $15 | $24 | $44 | $100 |
$100,000 | $23 | $41 | $81 | $194 |
$150,000 | $32 | $59 | $118 | $288 |
$200,000 | $40 | $76 | $156 | $382 |
$250,000 | $46 | $93 | $190 | $461 |
$300,000 | $54 | $110 | $227 | $552 |
$350,000 | $62 | $128 | $264 | $643 |
$400,000 | $70 | $145 | $301 | $734 |
As you can see, rates are much higher the longer you wait before buying a policy. It’s important to get it young if possible or go with a medical exam policy to save money.
How To Apply For Mortgage Protection With No Medical Exam
We make it quick and easy to apply for mortgage protection insurance at Seniors Mutual.
We represent all of the top mortgage protection insurance companies so we can find the best price and product for you.
Once we find the best company for you the application process only takes 10 minutes and sometimes you are approved instantly and the coverage goes in force.
For no medical exam mortgage protection policies, approvals are usually given within 24-48 hours if not approved immediately.
If you are interested in a mortgage protection insurance policy or want more information, please reach out by filling out our quoter, giving us a call, or leaving a comment below.
We look forward to speaking with you!
14 Comments
Mike
Just bought a home @ 527k. Need quote for no medical mortgage insurance for 500k protection, 10 years and 20. Male 54 years old, wife 53, both non smokers .thanks
Kelly Maxwell
Hi Mike I sent you an email. You have a lot of good options available.
Donna Elaine Brown
Good afternoon
I am 68 am a 68 year old female interested in non medical exam mortgage protection insurance
Kelly Maxwell
Donna we emailed you sample rates for your age.
Shawn Carlson
I would like to look into mortgage protection insurance.
Kelly Maxwell
Hi Shawn, we got your request, and sent you an email with more info.
Edrik
Hi, I'm 56 years old and my wife is 54 years, We are non-smokers, and I am interested in no-exam mortgage protection for $600,000 for our home please send me a quote For 10 years terms and 20 years or more terms. We bought this home 15 months ago with 30 years fixed loan.
Kelly Maxwell
Hi Edrik, we emailed you some sample quotes. You have many affordable options.
Henry Flores
I am interested in no exam mortgage protection for 100,000 for my home please send me a quote
Kelly Maxwell
Hi Henry, we will need some more information from you like date of birth before getting a quote. We emailed you so we can get in touch.
Francis McLeod
I am 70 years old and am looking to have my house substantially paid off if something should happen to me. My outstanding mortgage is $162,000 at this point. Could you tell me what the cost would be for mortgage insurance with no medical exam?
Kelly Maxwell
Hi Francis, we sent you an email with sample quotes. Please let us know if you have any other questions.
Dallas
Recently purchased a home my wife and I are looking for rates on non medically underwritten Mortgage protection insurance
Kelly Maxwell
Hi Dallas, I sent you an email with more info!