Insurance question

[grannylana]

Here's to your reply Claudette,
I agree almost every child grows up to be an adult and a CF'er will find it very difficult to be insured later on.
In the newly diagnosed section I read somewhere about a family whose doctor held off on the final dx until the family had their insurance needs in order. I have advised my son and his family to get with it - before my grand daughter has her final dx and then insurance will become very difficult to obtain if not impossible.
My suggestion after exhausting all avenues, is to set up a savings account or mutual fund - what ever your financial advisor recommends. It probably pays better than a life policy anyway.

 

[grannylana]

Here's to your reply Claudette,
I agree almost every child grows up to be an adult and a CF'er will find it very difficult to be insured later on.
In the newly diagnosed section I read somewhere about a family whose doctor held off on the final dx until the family had their insurance needs in order. I have advised my son and his family to get with it - before my grand daughter has her final dx and then insurance will become very difficult to obtain if not impossible.
My suggestion after exhausting all avenues, is to set up a savings account or mutual fund - what ever your financial advisor recommends. It probably pays better than a life policy anyway.

 

[grannylana]

Here's to your reply Claudette,
I agree almost every child grows up to be an adult and a CF'er will find it very difficult to be insured later on.
In the newly diagnosed section I read somewhere about a family whose doctor held off on the final dx until the family had their insurance needs in order. I have advised my son and his family to get with it - before my grand daughter has her final dx and then insurance will become very difficult to obtain if not impossible.
My suggestion after exhausting all avenues, is to set up a savings account or mutual fund - what ever your financial advisor recommends. It probably pays better than a life policy anyway.

 

[grannylana]

Here's to your reply Claudette,
I agree almost every child grows up to be an adult and a CF'er will find it very difficult to be insured later on.
In the newly diagnosed section I read somewhere about a family whose doctor held off on the final dx until the family had their insurance needs in order. I have advised my son and his family to get with it - before my grand daughter has her final dx and then insurance will become very difficult to obtain if not impossible.
My suggestion after exhausting all avenues, is to set up a savings account or mutual fund - what ever your financial advisor recommends. It probably pays better than a life policy anyway.

 

[grannylana]

Here's to your reply Claudette,
I agree almost every child grows up to be an adult and a CF'er will find it very difficult to be insured later on.
In the newly diagnosed section I read somewhere about a family whose doctor held off on the final dx until the family had their insurance needs in order. I have advised my son and his family to get with it - before my grand daughter has her final dx and then insurance will become very difficult to obtain if not impossible.
My suggestion after exhausting all avenues, is to set up a savings account or mutual fund - what ever your financial advisor recommends. It probably pays better than a life policy anyway.

 

[grannylana]

Here's to your reply Claudette,
I agree almost every child grows up to be an adult and a CF'er will find it very difficult to be insured later on.
In the newly diagnosed section I read somewhere about a family whose doctor held off on the final dx until the family had their insurance needs in order. I have advised my son and his family to get with it - before my grand daughter has her final dx and then insurance will become very difficult to obtain if not impossible.
My suggestion after exhausting all avenues, is to set up a savings account or mutual fund - what ever your financial advisor recommends. It probably pays better than a life policy anyway.

 

[CFHockeyMom]

Ok, thanks for the input on that. Being able to carry life insurance into adulthood for a CFer could prove to be very valuable, I agree and had never really thought about it like that.

Unfortunately for us Sean was diagnosed straight away so I didn't think we had many options.

In setting up our family trust, wills, insurances, college funds, etc. we were instructed by our attorney to leave Sean out. Any monies left to him or set aside for him will adversely affect his ability to get any state aid. Instead, our trustee gets the money and is resposible for caring for Sean. This won't adversely affect Sean when it comes to state aid but was a giant leap of faith for us in choosing a trustee. A little OT, sorry...

 

[CFHockeyMom]

Ok, thanks for the input on that. Being able to carry life insurance into adulthood for a CFer could prove to be very valuable, I agree and had never really thought about it like that.

Unfortunately for us Sean was diagnosed straight away so I didn't think we had many options.

In setting up our family trust, wills, insurances, college funds, etc. we were instructed by our attorney to leave Sean out. Any monies left to him or set aside for him will adversely affect his ability to get any state aid. Instead, our trustee gets the money and is resposible for caring for Sean. This won't adversely affect Sean when it comes to state aid but was a giant leap of faith for us in choosing a trustee. A little OT, sorry...

 

[CFHockeyMom]

Ok, thanks for the input on that. Being able to carry life insurance into adulthood for a CFer could prove to be very valuable, I agree and had never really thought about it like that.

Unfortunately for us Sean was diagnosed straight away so I didn't think we had many options.

In setting up our family trust, wills, insurances, college funds, etc. we were instructed by our attorney to leave Sean out. Any monies left to him or set aside for him will adversely affect his ability to get any state aid. Instead, our trustee gets the money and is resposible for caring for Sean. This won't adversely affect Sean when it comes to state aid but was a giant leap of faith for us in choosing a trustee. A little OT, sorry...

 

[CFHockeyMom]

Ok, thanks for the input on that. Being able to carry life insurance into adulthood for a CFer could prove to be very valuable, I agree and had never really thought about it like that.

Unfortunately for us Sean was diagnosed straight away so I didn't think we had many options.

In setting up our family trust, wills, insurances, college funds, etc. we were instructed by our attorney to leave Sean out. Any monies left to him or set aside for him will adversely affect his ability to get any state aid. Instead, our trustee gets the money and is resposible for caring for Sean. This won't adversely affect Sean when it comes to state aid but was a giant leap of faith for us in choosing a trustee. A little OT, sorry...

 

[CFHockeyMom]

Ok, thanks for the input on that. Being able to carry life insurance into adulthood for a CFer could prove to be very valuable, I agree and had never really thought about it like that.

Unfortunately for us Sean was diagnosed straight away so I didn't think we had many options.

In setting up our family trust, wills, insurances, college funds, etc. we were instructed by our attorney to leave Sean out. Any monies left to him or set aside for him will adversely affect his ability to get any state aid. Instead, our trustee gets the money and is resposible for caring for Sean. This won't adversely affect Sean when it comes to state aid but was a giant leap of faith for us in choosing a trustee. A little OT, sorry...

 

[CFHockeyMom]

Ok, thanks for the input on that. Being able to carry life insurance into adulthood for a CFer could prove to be very valuable, I agree and had never really thought about it like that.

Unfortunately for us Sean was diagnosed straight away so I didn't think we had many options.

In setting up our family trust, wills, insurances, college funds, etc. we were instructed by our attorney to leave Sean out. Any monies left to him or set aside for him will adversely affect his ability to get any state aid. Instead, our trustee gets the money and is resposible for caring for Sean. This won't adversely affect Sean when it comes to state aid but was a giant leap of faith for us in choosing a trustee. A little OT, sorry...

 

[ReneeP]

I agree with Amy here... life insurance through an employer is about the only way (that I know of anyway) to get a CF'er covered. I tried other avenues when my kids were younger and was always denied...but have been able to get it through my employer.

Also, it's a very good point that it's good to have the insurance when they are young, not because you expect something to happen, but so they will have it when they are older. Even if you leave the employer or the child is taken off your insurance when they get older, the child can usually keep the life insurance and just pay for it themsleves. That will prevent a HUGE problem of being an adult with CF and trying to get life insurance.

 

[ReneeP]

I agree with Amy here... life insurance through an employer is about the only way (that I know of anyway) to get a CF'er covered. I tried other avenues when my kids were younger and was always denied...but have been able to get it through my employer.

Also, it's a very good point that it's good to have the insurance when they are young, not because you expect something to happen, but so they will have it when they are older. Even if you leave the employer or the child is taken off your insurance when they get older, the child can usually keep the life insurance and just pay for it themsleves. That will prevent a HUGE problem of being an adult with CF and trying to get life insurance.

 

[ReneeP]

I agree with Amy here... life insurance through an employer is about the only way (that I know of anyway) to get a CF'er covered. I tried other avenues when my kids were younger and was always denied...but have been able to get it through my employer.

Also, it's a very good point that it's good to have the insurance when they are young, not because you expect something to happen, but so they will have it when they are older. Even if you leave the employer or the child is taken off your insurance when they get older, the child can usually keep the life insurance and just pay for it themsleves. That will prevent a HUGE problem of being an adult with CF and trying to get life insurance.

 

[ReneeP]

I agree with Amy here... life insurance through an employer is about the only way (that I know of anyway) to get a CF'er covered. I tried other avenues when my kids were younger and was always denied...but have been able to get it through my employer.

Also, it's a very good point that it's good to have the insurance when they are young, not because you expect something to happen, but so they will have it when they are older. Even if you leave the employer or the child is taken off your insurance when they get older, the child can usually keep the life insurance and just pay for it themsleves. That will prevent a HUGE problem of being an adult with CF and trying to get life insurance.

 

[ReneeP]

I agree with Amy here... life insurance through an employer is about the only way (that I know of anyway) to get a CF'er covered. I tried other avenues when my kids were younger and was always denied...but have been able to get it through my employer.

Also, it's a very good point that it's good to have the insurance when they are young, not because you expect something to happen, but so they will have it when they are older. Even if you leave the employer or the child is taken off your insurance when they get older, the child can usually keep the life insurance and just pay for it themsleves. That will prevent a HUGE problem of being an adult with CF and trying to get life insurance.

 

[ReneeP]

I agree with Amy here... life insurance through an employer is about the only way (that I know of anyway) to get a CF'er covered. I tried other avenues when my kids were younger and was always denied...but have been able to get it through my employer.

Also, it's a very good point that it's good to have the insurance when they are young, not because you expect something to happen, but so they will have it when they are older. Even if you leave the employer or the child is taken off your insurance when they get older, the child can usually keep the life insurance and just pay for it themsleves. That will prevent a HUGE problem of being an adult with CF and trying to get life insurance.