How much life insurance coverage can I get without a medical exam?

It depends on the product type. Accelerated-underwriting term policies can reach several million dollars for eligible applicants, while simplified issue policies, which use a health questionnaire instead of a physical, typically offer more limited amounts. Guaranteed issue policies, which ask no health questions, are capped at modest sums and often carry a graded death benefit for the first two to three years. Employer group life can add one to two times your annual salary without an exam.