Does Fidelity offer no exam term insurance? Yes, they do offer term life Insurance policies without any health examination required. You can request a free quote and apply for your policy online. Usually, a qualified applicant can get approved and start their coverage from Fidelity within 24 to 48 hours. Fidelity offers up to $500,000 of affordable term life insurance plans without any health exam required for healthy individuals who qualify for coverage. Instead of waiting 4-6 weeks to get insured, you can now take advantage of the speed and ease of the internet and the advances made by insurers life Fidelity who now are able to analyze a risk for insurance and provide approval within a matter of 1 or 2 days - much quicker than the traditional way of underwriting an applicant for life insurance.