Rules vary from company to company and for different types and amounts of insurance. For very small amounts of insurance or association or group plans, no exam usually would be needed, but company underwriters need to examine and collect medical information on most new customers in order to properly classify the level of risk and set the appropriate premium charge. Answers to questions about the applicant’s health will usually be the first requirement, and may determine if a physical examination is required. If an exam is needed, the company should arrange a convenient time and place for you to meet the doctor or paramedic at no charge to you. Usually, the exam will involve only basic medical tests and medical history unless large amounts of insurance are applied for.