Simplified Issue Life Insurance Explained
If you’re looking for life insurance without the hassle of doctor visits and paperwork, Simplified Issue Life Insurance may be the answer. This policy type helps you secure coverage quickly—often without a medical exam—by answering just a few basic health questions.
Whether you’re exploring coverage options for the first time or your term policy is expiring, simplified issue (SI) life insurance offers a flexible alternative that balances convenience and protection. You can also review coverage amounts to help determine what’s right for your family.
What Is Simplified Issue Life Insurance?
Simplified issue life insurance, sometimes referred to as SI life insurance, uses a streamlined application process that skips the medical exam. Instead, applicants answer a brief health questionnaire, allowing for faster approval and coverage activation.
According to the National Association of Insurance Commissioners (NAIC), simplified issue policies are ideal for individuals who need coverage quickly or may not qualify for fully underwritten options.
How Does SI Life Insurance Work?
With Ethos, the application can be completed entirely online. You’ll answer basic questions about your health, habits, and history—without the need for lab tests or doctor visits.
Once submitted, our platform provides an instant decision. If approved, you can choose your term and coverage amount, then activate your policy right away. This streamlined process is similar to the experience we provide in our Life Insurance Basics guide.
You can also explore how life insurance quotes are calculated to better understand your premium.
Comparing Underwriting Options: Simplified vs. Other Types
Simplified Issue vs. Fully Underwritten Policies
A fully underwritten term life policy requires more detailed health evaluations, which often involve a medical exam. While this can result in lower premiums and higher coverage, it may delay approval.
By contrast, simplified issue offers a middle ground—faster than fully underwritten but often with slightly higher premiums. Some applicants may still qualify for simplified underwriting even on higher-value term policies.
Tip: According to Investopedia, simplified issue policies are most popular among older adults and those with minor health concerns who value speed over savings.
Simplified Issue vs. Guaranteed Issue Life Insurance
Unlike SI life insurance, guaranteed issue policies require no health questions at all. However, these often come with higher costs and much lower coverage limits.
If you’re looking for a balance between affordability and accessibility, simplified issue life insurance generally offers better value.
You can learn more about guaranteed issue coverage on our site.
Benefits of Simplified Issue Life Insurance
- No medical exam, just a few health questions – Ideal if you're avoiding in-person appointments or lab work
- Fast approval – Coverage can be issued in minutes
- Accessible for many – Especially helpful for those who don’t qualify for traditional underwriting
- Seamless online process – As explained in our Life Insurance FAQ, Ethos is designed to simplify every step
According to Forbes Advisor, this type of policy is perfect for individuals who want to avoid medical delays but still need meaningful protection.
Drawbacks to Consider
- Higher premiums than fully underwritten policies
- Lower coverage limits, generally capped at around $500,000
- Limited customization – Fewer rider options compared to traditional policies
These trade-offs may be worth it for individuals prioritizing ease and speed over cost savings. See how this compares to other life insurance types offered on Ethos.
Who Should Consider SI Life Insurance?
Simplified issue life insurance is best suited for:
- Individuals aged 20–70 seeking fast, no-exam coverage
- Those with a recently expired term life insurance policy
- People with mild health concerns that may disqualify them from traditional underwriting
- Anyone who wants to ensure their loved ones have funds for final expenses
Frequently Asked Questions
What is simplified issue life insurance?
It’s a life insurance policy that skips the medical exam and relies on answers to a few health questions.
Is SI life insurance more expensive than other types?
Yes, it tends to cost more than fully underwritten policies because the insurer has limited health information.
Do I still need to answer health questions?
Yes. SI life insurance includes a short questionnaire, unlike guaranteed issue policies which require none.
How fast is approval?
With Ethos, most applicants receive a decision in minutes—and if approved, coverage begins as soon as the first premium is paid.
Real-World Context: Why Simplicity Matters
According to a study by LIMRA, over 60% of Americans prefer a simple and digital buying experience when shopping for life insurance. Simplified issue policies directly support this preference, especially for younger adults and busy families.
Ready to Get Started?
Get a free quote online and find coverage that fits your budget and goals—all without the hassle of a medical exam. Just a few health questions in many cases.
Disclaimer: The information and content provided is for informational purposes only, and it is not to be considered legal, tax, investment, or financial advice, recommendation, or endorsement. You should consult with an attorney or other professional to determine what may be best for your individual needs.
