I am 31 years old and I choose to take a term insurance plan. With a lot research I preferred Maxlife insurance as my life insurer. The policy needs medical as mandatory, however the company did the telemedical verification and issued the policy. IS it ok to take the term insurance without medical tests ?..
It seems they are eager to issue the policy with mere few questions regarding your health, which they might also did in the proposal form itself. This telemedical verification is just gimmick, which in no way prove your nominees that policy was issued with proper medical examination and considering the health risk in you. Hence, better to avoid such offers.