What is typically a requirement for obtaining a life insurance policy?

A medical examination is typically a requirement for obtaining a life insurance policy because insurers use it to assess the applicant's overall health and risk level. This examination helps the insurer determine whether to approve the policy and at what premium rate.

The medical examination may include a series of questions about medical history, lifestyle habits, and sometimes blood tests or other medical evaluations. This step is crucial in ensuring that the insurer has an accurate understanding of the applicant's health risks, which can significantly impact the terms and conditions of the policy.

In contrast, while proof of income, age verification, and employment verification might play roles in the broader context of securing insurance or determining policy terms, they are not universally required for obtaining a life insurance policy. Medical assessments are a standard practice directly reflective of the applicant's health status, making it a critical and typical requirement in this process.