Readers ask: What Is A Life Insurance Exam?

The life insurance medical exam is the opportunity for your life insurance company to review your medical history and basic information that was used to make your life insurance application. The life insurance medical exam will usually be performed by a qualified medical professional like a nurse, not a doctor.

What does life insurance exam consist of?

During the exam, your height, weight, pulse and blood pressure will be recorded. You likely will have to provide a urine sample and have blood drawn to test for health issues such as elevated cholesterol or blood sugar levels, and to screen for nicotine and drug use.

Do you need an exam for life insurance?

Most life insurance policies, like term life insurance, require a medical exam. This exam helps the insurance company accurately assess risk and set your premium. If you have a serious medical condition, you may worry life insurance is off-limits to you, but this may not be the case.

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How do you pass a life insurance medical exam?

Seven Tips to Pass Your Life Insurance Medical Exam

  1. Schedule Your Life Insurance Medical Exam in the Morning.
  2. Don’t Drink Coffee or Smoke Beforehand.
  3. Avoid Salts and Fatty Foods.
  4. Drink Lots of Water.
  5. Avoid Working Out.
  6. Get a Good Night’s Sleep.
  7. Have Important Documentation Ready.

How long is the life insurance exam?

For the Life Insurance license in California, your exam will be 75 questions, and you will have 90 minutes to complete it.

What happens if you fail life insurance exam?

You will find out if you passed or failed the exam at the testing center. However, you cannot register to take it again at that time. Instead, you must wait 24 hours before you can register again. You can take the exam three times in one year.

Is life insurance exam hard?

Though it may seem somewhat overwhelming at first, preparing for and taking the state health and life insurance exam is NOT that difficult. In fact, most agents who take the exam admit that it was easier than they imagined.

How much life insurance can I get without an exam?

Simplified issue life insurance Simplified whole life, or permanent, insurance policies of up to $50,000 are available for consumers up to age 75 without a medical exam or lab tests.

Does life insurance check medical records?

Life insurers check your medical records to make sure the information you provided coincides with your medical records. They also use this information to make sure you didn’t omit any information from your application. Life insurance companies use this information to make sure you are a good risk.

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Can I drink coffee before life insurance exam?

Tip number two: don’t drink coffee or alcohol before your exam. Coffee can also elevate your blood readings and alcohol can dehydrate you making it harder to draw blood.

What should you not do before a life insurance test?

The Day Before the Exam

  1. Avoid alcohol and nicotine. Both can increase your blood pressure.
  2. Avoid red meat. Red meat is a high-cholesterol food.
  3. Avoid over-the-counter medications such as antihistamines and nasal decongestants. These types of medications can increase blood pressure.
  4. Get a good night’s sleep.

Do life insurance companies test hair?

Types of Life Insurance Drug Testing. There are three main types of drug tests for life insurance. The medical examiner will take samples of your blood and urine every time. The hair follicle test is up to the discretion of the insurance company you are applying with.

Why do insurance agents quit?

The number one secondary reason agents quit selling insurance was that they ran out of money. The second most common secondary reason agents failed selling insurance was that they ran out of prospects to sell to. The third reason was the agency wasn’t a good fit. And the fourth was personal issues.

Do insurance agents make good money?

The US Bureau of Labor Statistics reports that an insurance agent made $50,940 per year on average in 2019. The lowest 10% in the industry earned more like $28,000, and the highest 10% earned over $125,000. The way you earn your income differs depending on which company you work for and what kind of insurance you sell.

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What score do you need to pass the life insurance exam?

The passing score required on each exam is 60%. When you complete the exam, you will receive a score report marked “pass or fail”.

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