What does Nonmedical Insurance mean? Read on to discover the definition & meaning of the term Nonmedical Insurance - to help you better understand the language used in insurance policies.
Life insurance issued on a regular basis without requiring the applicant to submit to a regular medical examination. In passing on the risk, the company relies on the applicant's own answers to questions regarding his/her physical condition and on personal references or inspection reports.
We hope the you have a better understanding of the meaning of Nonmedical Insurance.