A medical exam for life insurance is a physical examination and review of your medical history to assess your health and determine your eligibility for a life insurance policy. For instance, an insurance company might request a medical exam before approving a life insurance policy for a 50-year-old applicant with high blood pressure.
Medical exams for life insurance are important because they provide insurers with valuable information about your health, which helps them determine the risk of insuring you. This can affect the cost of your policy and whether or not you are approved for coverage. Medical exams have been used by life insurance companies for over a century to assess the health of applicants.