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Financial security for your family comes with tax savings for you! ✓Buy a Term Plan & save up to ₹46,800* on tax | ✓₹1 Cr. Life Cover at just ₹23*/day!

About Term Insurance

While planning your future finances, it is necessary to find the right balance between insurance and investment products. When you focus on creating wealth in the future, you also need to ensure that your loved ones are protected financially in your absence. That is when a term insurance plan can be highly useful. Term insurance is one of the most affordable types of life insurance available in the market. It helps you to secure the financial future of your family, especially in case of your unfortunate untimely demise.


Generally, to get a term insurance plan in India, you need to undergo a medical test as advised by the insurance company. However, many people may not be interested in taking a medical exam due to reasons such as not wanting to reveal personal medical information. The good news is that many insurers also allow buying term insurance without taking a medical examination. In this article, we will discuss in detail about getting term insurance without a medical test.


Getting Term Insurance Without Medical Test

As mentioned earlier, many insurers in India do not require applicants to undergo a medical examination when buying term insurance plans. The only aspects that are taken into consideration by the insurer are the age of the applicant and the sum assured amount chosen by them.

However, if the applicant is suffering from any critical health condition, they may be required to disclose the same or even requested to take a medical examination before buying the policy. On the other hand, people who are in good health with no medical conditions can easily opt for a term plan without a medical test.

Term Insurance Without Medical Test: Points to Remember

To choose the right term insurance plan without undergoing a medical test, you have to do intensive research. You will need to look into all available options and define your priorities. Here are some pointers you should keep in mind to get the best term insurance without a medical exam:


  • Evaluate your term insurance needs and future financial goals. Consider how much financial protection you need as your term insurance cover.

  • Compare different policies available in the market and choose one that fulfils your needs.

  • Make sure that you are providing correct medical information to the insurer when buying term insurance without medical tests.

  • If you are suffering from any health condition, you need to give the details of the same when applying for the policy. Failing to provide this information will lead to claim rejections in the future.

  • Another aspect that the insurer will consider when buying term insurance without medical tests is the applicant’s lifestyle habits.

  • If you drink or smoke often, the insurance premiums may increase accordingly. However, there will be no effect on the death benefit claims.

The Need for Term Insurance

Life is unpredictable; uncertainties and accidents can happen to anyone, anywhere without any warning. The only way to tackle an unforeseen event is by ensuring that the future financial needs of your family are taken care of, even after your demise.

A term plan is the simplest and purest form of life insurance that primarily focuses on securing the future of your loved ones in the event of your premature demise. Term policies are quite affordable and provide a large amount of money as insurance cover. That way, your family does not have to face any financial difficulties in your absence.

Term Insurance Benefits

  • The policy provides a lump sum of money as death benefits to the beneficiaries upon your death. The amount received can be used by your family (the beneficiaries) as and when needed.

  • Insurers in India offer flexible term insurance plans as well. You can enhance the scope of the policy with rider benefits. One such rider benefit that you can consider opting for is the return of premium benefit. With this cover, the insurer will repay the premiums paid towards the plan if the insured survives the policy tenor. This amount acts as a maturity benefit.

  • The premiums paid towards the policy can be claimed for tax deductions under Section 80C of the old income tax regime. Also, if you have critical illness cover, you can claim for additional tax deductions under Section 80D of the Income Tax Act, 1961.

  • A few other rider benefits that are worth buying are:

  1. Accidental death benefit

  2. Waiver of premium benefit

  3. Income return benefit

  4. Accidental total and partial disability benefit

  • Finally, it provides you with the peace of mind that your family and loved ones will be financially taken care of, in the unlikely event of your death.

To Conclude

Buying a term insurance plan with sufficient coverage will ensure that your family and their future aspirations are looked after, even in your absence. However, if you are suffering from critical health issues, the insurer will request you to undergo medical tests. When this happens, do not hesitate to do so as it not only helps the insurer determine your premiums but also encourages you to seek early treatments. You can check out the various term insurance plans available on Finserv MARKETS and choose one that suits your needs. 

FAQs on Term Insurance Without Medical Test

  • ✔️Is a medical test required for term insurance?

    Generally, insurance companies will require you to have a medical test to be eligible for term insurance. However, some companies provide term insurance without a medical test as well.


  • ✔️How can I get term life insurance without a medical exam?

    You will have to look through the various term life insurance plans available online from various companies and then specifically look for one that does not require a medical exam.


  • ✔️Who pays for the medical test for term insurance?

    Generally, the insurance company will bear the expenses of your medical test. However, they are most likely to add this cost to your term policy at the time of purchase. There may be some exceptions where you will be required to pay for your medical test. 

  • ✔️Can you get term insurance online?

    Yes, most insurance companies also sell their insurance plans online. People can buy these plans from the comfort of their homes.


  • ✔️Are online insurance plans safe?

    Yes, insurance plans you have purchased online are just as valid and legal as the plans purchased in person or from an agent.


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