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Why Do Life Insurers Require a Medical Exam?

·3 min read
Why Do Life Insurers Require a Medical Exam?

In most cases, consumers who apply for life insurance will be required to undergo a medical exam. Here's why insurers want would-be policyholders to get checked out by a doctor who will evaluate the details of their health status. Life insurers often insist upon a medical exam because they need to find out sufficient information about a policyholder's health status before they are willing to offer coverage.