Part of our guide: Impaired Risk Life Insurance Underwriting by Condition →
Busy executives don’t want to schedule a paramedical exam, and many have already had a more thorough one. Some carriers will use a recent executive physical in place of insurance exams and labs.
Key takeaways
- An executive physical completed in the past 18 months may replace the paramed exam and labs.
- One program offers up to $20 million of indexed or variable UL, including survivorship, for ages 25–65.
- Clients need at least $200,000 in annual income and an executive, professional, or white-collar occupation.
Up to $20 million of permanent coverage — no paramed exam, no insurance labs — using an executive physical from the past 18 months.
What an executive physical is
Many executives and professionals get an annual executive physical: a comprehensive health review with full lab panels and cardiovascular testing. These are done by a personal physician or through formal programs at major health systems such as Mayo Clinic or Cleveland Clinic.
Program guidelines
- Ages 25–65
- Up to $20 million of coverage
- Indexed UL and variable UL, including survivorship (both spouses need an eligible physical in the past 18 months)
- Preferred and Standard classes
- Executive, professional, or white-collar occupations with at least $200,000 in annual income
What the physical must include
Medical records are still required and must show a physical meeting minimum criteria: height, weight, blood pressure, and pulse; a medical history review; full blood and urine panels; and cardiovascular testing.
Why it helps the sale
Removing the exam removes one of the biggest reasons high-net-worth clients delay or drop out of the process. Contact our Underwriting Team to confirm eligibility and current program details before you quote.
Frequently asked questions
Can an executive physical replace a life insurance exam?
With some carriers, yes. A comprehensive executive physical from the past 18 months may be used instead of a paramed exam and labs.
How much coverage is available without an exam through executive underwriting?
One program offers up to $20 million of indexed or variable universal life for ages 25–65.
Who qualifies for executive underwriting?
Typically executives, professionals, and white-collar workers earning at least $200,000 a year who have had a qualifying physical within 18 months.
Reviewed by Tim Fuller on 2026-09-25
Tim Fuller
President, SRS Inc.
Tim leads SRS Inc., a full-service IMO (Independent Marketing Organization) and BGA (Brokerage General Agency), connecting independent financial professionals with life, annuity, disability income, and long-term care solutions from 60+ carrier partners.
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