No exam policies frequently supply a same-day or next-day decision on approval. However they might cost as much as 10% to 30% more than fully underwritten policies. If you can endure the 15-minute hassle of the test and don't mind waiting on your approval, it might conserve you hundreds or even thousands of dollars over the life of your policy.As an outcome, looking for a no examination policy is most likely the only method most Americans can purchase life insurance coverage right now. But that doesn't imply you ought to wait to buy life insurance coverage. Which doesn't imply you need to pay too much. how to find a life insurance policy exists. If you require life insurance, my recommendation is to attempt to buy a no test policy now so you at least have some protection in place.