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Home / Life Insurance / Cincinnati Life Insurance Company- No Exam Policy Review

Cincinnati Life Insurance Company- No Exam Policy Review

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NOTE: Cincinnati Life doesn’t permit us to show their quotes on-line. The quote instrument on this website will present many different prime no medical examination life insurance choices. Contact us to check additional. Our full overview is beneath.


Fast Abstract: Cincinnati Life is understood for its customer support and moral practices. Charges are very low-cost for below 100ok in protection however that’s the most dying profit you will get with out taking a bodily examination. Highest well being class obtainable is Commonplace so not a sensible choice if you’re in glorious well being.


What You Will Study (click on part hyperlink to soar forward)
Concerning the Firm
Concerning the Coverage
Underwriting Course of
Professionals
Cons
Extras and Choices
Price
Discovering the Finest Firm for No Medical Examination Insurance coverage

Want protection quick with out a medical examination? Many firms now provide no examination merchandise. We cowl this space carefully and keep on prime of all of the modifications every day. For probably the most full and up-to-date comparability, see our information to no examination life insurance.

Concerning the Firm

Cincinnati Life Insurance coverage Firm was based by a bunch of brokers in 1950 with the mission to supply distinctive customer support to their policyholders. They do that via a community of native brokers in addition to a 24/7 customer support hotline.

On the monetary facet, Cincinnati Life receives prime marks from the key ranking companies. A.M. Finest provides them an “A” whereas Fitch grades them A+. General, their monetary profile and confidence are thought-about very sturdy throughout the life insurance trade. You’ll be able to count on them to be round for a very long time.

Along with insurance policies that do not require an examination, Cincinnati Life presents extra conventional time period insurance, entire life, Common life, and incapacity revenue insurance.

Concerning the Coverage

Product Identify

LifeHorizons Termsetter

Protection

$25,000 to $99,000

Situation Age

18 to 60

Time period Size

10, 15, 20, 25, 30 years

Underwriting Course of

The underwriting course of for Cincinnati Life’s non-med coverage is sluggish in comparison with the competitors. They may run the conventional digital database checks however usually time request docs data which delays the method considerably.

What they are going to test:

  • test

    Medical Info Bureau – earlier life insurance approvals and denials

  • test

    MVR – Motor Car Report – transferring violations in your driving document

  • test

    Rx database – document of any prescriptions you have taken

Determination Time

We’ve seen the quickest to be Three-Four weeks and it may be so long as 2 months relying on how rapidly your physician responds to the request for medical data. Amongst no examination firms, Cincinnati is likely one of the slowest for all times insurance choices.

Professionals

Very low charges for below $100,000 in protection.

Permits tobacco chewing with out assigning people who smoke charges.

Phenomenal customer support.

Cons

Most dying good thing about solely $100,000.

Commonplace is the most effective well being class obtainable with out taking an examination.

Prolonged choice timeline earlier than approvals.

Solely settle for candidates as much as age 60.

Extras and Choices

For no examination merchandise, Cincinnati life has respectable choices to customise your coverage. (Study extra about riders)

Included at no cost:

  • Accelerated Loss of life Profit Rider 

May be added with a further value:

  • Waiver of Premium Rider

  • Unintended Loss of life Profit Rider

  • Kids’s Insurance coverage Rider

You’re permitted to transform to a everlasting coverage up till age 70. You do not want to show insurability once more so long as your premiums have been present and the coverage has not lapsed. This selection is included within the coverage at no further value. Changing to everlasting will, nevertheless, have new (greater) premiums.

Price

Cincinnati Life has very low and aggressive premiums when in comparison with different competing no medical insurance policies below 100Okay in dying profit.

Pattern No Bodily Examination Charges – Cincinnati Life – LifeHorizons Termsetter

40-year-old male at Commonplace well being class – pricing listed is monthly

Loss of life Profit

10 Yr

20 Yr

30 Yr

$25,000

$9

$11

$14

$50,000

$12

$15

$21

$75,000

$15

$19

$28

40-year-old feminine at Commonplace well being class – pricing listed is monthly

Loss of life Profit

10 Yr

20 Yr

30 Yr

$25,000

$9

$10

$12

$50,000

$11

$13

$17

$75,000

$14

$16

$23

Discovering the Finest Firm for No Medical Examination Insurance coverage

Is Cincinnati Life the best choice?  

Or may there be one other firm higher suited to your wants?

Current developments in know-how have elevated the variety of firms providing life insurance with out requiring the examination. It is also introduced the value right down to the purpose the place many individuals will not pay that rather more than they might by going via the complete common underwriting with an examination. That is nice information!

Apart from evaluating quotes, how are you aware which firm is definitely the most effective in your distinctive wants and well being historical past?

The easiest way to do that is to work with an unbiased company that’s:

  1. Unbiased and never married to anyone life insurance firm.
  2. ​Has entry to all the highest no examination merchandise in addition to some area of interest merchandise for sure folks/conditions.
  3. Is a specialist within the no examination space.

You are in luck:) 

Helping with life insurance approvals-Climbers helping each other to climb the mountain

We do all of the above and extra. If you would like to have a no strain speak about choices, please contact us or fill out the quote request kind on this website.

The publish Cincinnati Life Insurance coverage Firm- No Examination Coverage Overview appeared first on SimpleLifeInsure.com.



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