Basic insurance for those who just need the minimums.
Some companies specialize in offering guaranteed issue life insurance. They could issue life insurance policies with no required physical exam. Typically, the companies do require the insurance applicant to answer questions that may lead to denial of coverage. However, there are companies that will offer coverage with no exams and no questions.
Generally, this type of policy will only cover funeral expenses. We have some insurance plans which allow giving coverage up to $50,000 (conditions apply). These policies also tend to have high premiums, which can end up exceeding the benefit amounts. Main features include: Coverage for pre-existing conditions. There is no medical questionnaire.