How Do You Qualify For Term Life Insurance? 
Depending upon the amount of death benefit you are applying for -LRB- from low to high -RRB- the answers to your question may run from `` being able to fog a mirror , sign and pay '' to `` a physical exam with lab work and a review of medical records required '' statement . A $ 10,000 term life policy presents far less risk to the insurance carrier than a $ 1,000,000 term life policy does . So , you qualify for coverage under the policy and underwriting provisions in effect for the term life insurance product you are purchasing . Depending upon whether the policy is group or individual , for smaller term life amounts -LRB- e.g. - $ 5000 to $ 50,000 -RRB- the coverage might be guaranteed issue -LRB- no medical questions -RRB- or simplified issue -LRB- a few yes/no medical condition questions that determine if the policy is qualified for or denied -RRB- . Generally cheap and not that hard to get . For term life insurance with high face value amounts -LRB- e.g. - $ 1 million -RRB- then the applicant should expect to have to go through virtually the same application process from a medical exam perspective as they would with a permanent life insurance policy . This would almost certainly entail having your height , weight , general appearance and answers to some medical questions noted as well as having blood and urine specimens taken . A more comprehensive physical exam could be required . Once you have passed or largely passed the medical and other criteria applied in underwriting a large value life insurance policy , the life insurance carrier 's original offer is either finalized or a counteroffer/withdrawal is made proposing revised rates and/or benefits for coverage to that individual in light of their risk profile . Once you have formally accepted an offer or counteroffer and submitted your first month 's premium then you are issued a policy . 