Which type of insurance policy generally does not require proof of insurability?

Group insurance policies typically do not require proof of insurability for participants. This means that individuals can obtain coverage without having to undergo medical examinations or provide health-related information at the time of enrollment. Group insurance is often provided through employers or associations and is designed to cover a group of people under a single policy. The underwriting process is simplified, which makes it easier for members to obtain coverage, particularly those who may have health concerns that would otherwise hinder their ability to secure individual insurance.

In contrast, term insurance, whole life insurance, and universal life insurance generally involve some level of underwriting, which may include the submission of proof of insurability such as medical records or health questionnaires. This is necessary because these individual policies assess the risk associated with insuring each applicant, reflecting their specific health status and lifestyle choices.