I was just wondering if there are any adults out there with cf and type 1 diabetes that were able to get life insurance on their own other than through work? Im very frustrated, I went to my insurance company and told her of my two illnesses and she ran it threw and said that she didnt see any problems and to go ahead with the application process... I was so excited to know that if something were to happen to me than at least my husband can have some kind of financial freedom of all the bills and funeral costs. Well I got a phone call after blood work and all the crappy questions they have to ask you... and guess what!!!! They denied me!! Im so freaking mad, why on earth do we get such descrimination and why do our spouces have to suffer if and when we decide to go?.. Its just not fair at all.
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candi1976
- Thread starter candi1976
- Start date
I was just wondering if there are any adults out there with cf and type 1 diabetes that were able to get life insurance on their own other than through work? Im very frustrated, I went to my insurance company and told her of my two illnesses and she ran it threw and said that she didnt see any problems and to go ahead with the application process... I was so excited to know that if something were to happen to me than at least my husband can have some kind of financial freedom of all the bills and funeral costs. Well I got a phone call after blood work and all the crappy questions they have to ask you... and guess what!!!! They denied me!! Im so freaking mad, why on earth do we get such descrimination and why do our spouces have to suffer if and when we decide to go?.. Its just not fair at all.
I was just wondering if there are any adults out there with cf and type 1 diabetes that were able to get life insurance on their own other than through work? Im very frustrated, I went to my insurance company and told her of my two illnesses and she ran it threw and said that she didnt see any problems and to go ahead with the application process... I was so excited to know that if something were to happen to me than at least my husband can have some kind of financial freedom of all the bills and funeral costs. Well I got a phone call after blood work and all the crappy questions they have to ask you... and guess what!!!! They denied me!! Im so freaking mad, why on earth do we get such descrimination and why do our spouces have to suffer if and when we decide to go?.. Its just not fair at all.
I was just wondering if there are any adults out there with cf and type 1 diabetes that were able to get life insurance on their own other than through work? Im very frustrated, I went to my insurance company and told her of my two illnesses and she ran it threw and said that she didnt see any problems and to go ahead with the application process... I was so excited to know that if something were to happen to me than at least my husband can have some kind of financial freedom of all the bills and funeral costs. Well I got a phone call after blood work and all the crappy questions they have to ask you... and guess what!!!! They denied me!! Im so freaking mad, why on earth do we get such descrimination and why do our spouces have to suffer if and when we decide to go?.. Its just not fair at all.
I was just wondering if there are any adults out there with cf and type 1 diabetes that were able to get life insurance on their own other than through work? Im very frustrated, I went to my insurance company and told her of my two illnesses and she ran it threw and said that she didnt see any problems and to go ahead with the application process... I was so excited to know that if something were to happen to me than at least my husband can have some kind of financial freedom of all the bills and funeral costs. Well I got a phone call after blood work and all the crappy questions they have to ask you... and guess what!!!! They denied me!! Im so freaking mad, why on earth do we get such descrimination and why do our spouces have to suffer if and when we decide to go?.. Its just not fair at all.
saveferris2009
New member
well, it's an insurance business. so they're allowed to set up any criteria they want to accept or deny you.
i'm a little surprised that you're surprised by being denied.
if they had to accept all people regardless of illness they would go out of business - and then NO ONE would get coverage.
i'm a little surprised that you're surprised by being denied.
if they had to accept all people regardless of illness they would go out of business - and then NO ONE would get coverage.
saveferris2009
New member
well, it's an insurance business. so they're allowed to set up any criteria they want to accept or deny you.
i'm a little surprised that you're surprised by being denied.
if they had to accept all people regardless of illness they would go out of business - and then NO ONE would get coverage.
i'm a little surprised that you're surprised by being denied.
if they had to accept all people regardless of illness they would go out of business - and then NO ONE would get coverage.
saveferris2009
New member
well, it's an insurance business. so they're allowed to set up any criteria they want to accept or deny you.
i'm a little surprised that you're surprised by being denied.
if they had to accept all people regardless of illness they would go out of business - and then NO ONE would get coverage.
i'm a little surprised that you're surprised by being denied.
if they had to accept all people regardless of illness they would go out of business - and then NO ONE would get coverage.
saveferris2009
New member
well, it's an insurance business. so they're allowed to set up any criteria they want to accept or deny you.
i'm a little surprised that you're surprised by being denied.
if they had to accept all people regardless of illness they would go out of business - and then NO ONE would get coverage.
i'm a little surprised that you're surprised by being denied.
if they had to accept all people regardless of illness they would go out of business - and then NO ONE would get coverage.
saveferris2009
New member
well, it's an insurance business. so they're allowed to set up any criteria they want to accept or deny you.
<br />
<br />i'm a little surprised that you're surprised by being denied.
<br />
<br />if they had to accept all people regardless of illness they would go out of business - and then NO ONE would get coverage.
<br />
<br />i'm a little surprised that you're surprised by being denied.
<br />
<br />if they had to accept all people regardless of illness they would go out of business - and then NO ONE would get coverage.
NYCLawGirl
New member
when you sign up for life insurance, you're essentially gambling against the insurance company. everyone dies, so unless you cancel your policy (or die in a way that's not covered, like suicide), the insurance company is guaranteed to have to pay out the full amount of your coverage eventually. obviously insurance companies aren't interested in giving out money left and right, because they're businesses as amy pointed out. so the only way it is "worth it" for an insurance company to sell life insurance is: 1) if you pay more in premiums over the years than you're actually insured for, or 2) if you survive long enough for them to invest yuor original payment amount and get returns on that, which could then exceed the eventual payout. without one of those two things, they will automatically be operating at a loss, which no business wants to do. unfortunately, both those things require you to live for quite some time after you purchase the policy. and while cfers certainly CAN live for a long time, it's not a gamble most life insurance companies are willing to take.
likewise, the purchaser is gambling as well in life insurance. the only reason to want the insurance is the belief that your total premium payments won't exceed the eventual payout (otherwise you would just save/invest the money yourself).
no, it's not fair. it makes sense from a business perspective, but that doesn't make it "fair."
have you thought about just taking the money you would have reserved for premiums and saving it each month in a special fund for your husband to use to cover your end-of-life expenses?
likewise, the purchaser is gambling as well in life insurance. the only reason to want the insurance is the belief that your total premium payments won't exceed the eventual payout (otherwise you would just save/invest the money yourself).
no, it's not fair. it makes sense from a business perspective, but that doesn't make it "fair."
have you thought about just taking the money you would have reserved for premiums and saving it each month in a special fund for your husband to use to cover your end-of-life expenses?
NYCLawGirl
New member
when you sign up for life insurance, you're essentially gambling against the insurance company. everyone dies, so unless you cancel your policy (or die in a way that's not covered, like suicide), the insurance company is guaranteed to have to pay out the full amount of your coverage eventually. obviously insurance companies aren't interested in giving out money left and right, because they're businesses as amy pointed out. so the only way it is "worth it" for an insurance company to sell life insurance is: 1) if you pay more in premiums over the years than you're actually insured for, or 2) if you survive long enough for them to invest yuor original payment amount and get returns on that, which could then exceed the eventual payout. without one of those two things, they will automatically be operating at a loss, which no business wants to do. unfortunately, both those things require you to live for quite some time after you purchase the policy. and while cfers certainly CAN live for a long time, it's not a gamble most life insurance companies are willing to take.
likewise, the purchaser is gambling as well in life insurance. the only reason to want the insurance is the belief that your total premium payments won't exceed the eventual payout (otherwise you would just save/invest the money yourself).
no, it's not fair. it makes sense from a business perspective, but that doesn't make it "fair."
have you thought about just taking the money you would have reserved for premiums and saving it each month in a special fund for your husband to use to cover your end-of-life expenses?
likewise, the purchaser is gambling as well in life insurance. the only reason to want the insurance is the belief that your total premium payments won't exceed the eventual payout (otherwise you would just save/invest the money yourself).
no, it's not fair. it makes sense from a business perspective, but that doesn't make it "fair."
have you thought about just taking the money you would have reserved for premiums and saving it each month in a special fund for your husband to use to cover your end-of-life expenses?
NYCLawGirl
New member
when you sign up for life insurance, you're essentially gambling against the insurance company. everyone dies, so unless you cancel your policy (or die in a way that's not covered, like suicide), the insurance company is guaranteed to have to pay out the full amount of your coverage eventually. obviously insurance companies aren't interested in giving out money left and right, because they're businesses as amy pointed out. so the only way it is "worth it" for an insurance company to sell life insurance is: 1) if you pay more in premiums over the years than you're actually insured for, or 2) if you survive long enough for them to invest yuor original payment amount and get returns on that, which could then exceed the eventual payout. without one of those two things, they will automatically be operating at a loss, which no business wants to do. unfortunately, both those things require you to live for quite some time after you purchase the policy. and while cfers certainly CAN live for a long time, it's not a gamble most life insurance companies are willing to take.
likewise, the purchaser is gambling as well in life insurance. the only reason to want the insurance is the belief that your total premium payments won't exceed the eventual payout (otherwise you would just save/invest the money yourself).
no, it's not fair. it makes sense from a business perspective, but that doesn't make it "fair."
have you thought about just taking the money you would have reserved for premiums and saving it each month in a special fund for your husband to use to cover your end-of-life expenses?
likewise, the purchaser is gambling as well in life insurance. the only reason to want the insurance is the belief that your total premium payments won't exceed the eventual payout (otherwise you would just save/invest the money yourself).
no, it's not fair. it makes sense from a business perspective, but that doesn't make it "fair."
have you thought about just taking the money you would have reserved for premiums and saving it each month in a special fund for your husband to use to cover your end-of-life expenses?
NYCLawGirl
New member
when you sign up for life insurance, you're essentially gambling against the insurance company. everyone dies, so unless you cancel your policy (or die in a way that's not covered, like suicide), the insurance company is guaranteed to have to pay out the full amount of your coverage eventually. obviously insurance companies aren't interested in giving out money left and right, because they're businesses as amy pointed out. so the only way it is "worth it" for an insurance company to sell life insurance is: 1) if you pay more in premiums over the years than you're actually insured for, or 2) if you survive long enough for them to invest yuor original payment amount and get returns on that, which could then exceed the eventual payout. without one of those two things, they will automatically be operating at a loss, which no business wants to do. unfortunately, both those things require you to live for quite some time after you purchase the policy. and while cfers certainly CAN live for a long time, it's not a gamble most life insurance companies are willing to take.
likewise, the purchaser is gambling as well in life insurance. the only reason to want the insurance is the belief that your total premium payments won't exceed the eventual payout (otherwise you would just save/invest the money yourself).
no, it's not fair. it makes sense from a business perspective, but that doesn't make it "fair."
have you thought about just taking the money you would have reserved for premiums and saving it each month in a special fund for your husband to use to cover your end-of-life expenses?
likewise, the purchaser is gambling as well in life insurance. the only reason to want the insurance is the belief that your total premium payments won't exceed the eventual payout (otherwise you would just save/invest the money yourself).
no, it's not fair. it makes sense from a business perspective, but that doesn't make it "fair."
have you thought about just taking the money you would have reserved for premiums and saving it each month in a special fund for your husband to use to cover your end-of-life expenses?
NYCLawGirl
New member
when you sign up for life insurance, you're essentially gambling against the insurance company. everyone dies, so unless you cancel your policy (or die in a way that's not covered, like suicide), the insurance company is guaranteed to have to pay out the full amount of your coverage eventually. obviously insurance companies aren't interested in giving out money left and right, because they're businesses as amy pointed out. so the only way it is "worth it" for an insurance company to sell life insurance is: 1) if you pay more in premiums over the years than you're actually insured for, or 2) if you survive long enough for them to invest yuor original payment amount and get returns on that, which could then exceed the eventual payout. without one of those two things, they will automatically be operating at a loss, which no business wants to do. unfortunately, both those things require you to live for quite some time after you purchase the policy. and while cfers certainly CAN live for a long time, it's not a gamble most life insurance companies are willing to take.
<br />
<br />likewise, the purchaser is gambling as well in life insurance. the only reason to want the insurance is the belief that your total premium payments won't exceed the eventual payout (otherwise you would just save/invest the money yourself).
<br />
<br />no, it's not fair. it makes sense from a business perspective, but that doesn't make it "fair."
<br />have you thought about just taking the money you would have reserved for premiums and saving it each month in a special fund for your husband to use to cover your end-of-life expenses?
<br />
<br />likewise, the purchaser is gambling as well in life insurance. the only reason to want the insurance is the belief that your total premium payments won't exceed the eventual payout (otherwise you would just save/invest the money yourself).
<br />
<br />no, it's not fair. it makes sense from a business perspective, but that doesn't make it "fair."
<br />have you thought about just taking the money you would have reserved for premiums and saving it each month in a special fund for your husband to use to cover your end-of-life expenses?