Life Insurance
- Thread starter xtremethunder
- Start date
xtremethunder
New member
Thanks all, I will contact my HR department today and see if they carry any companies that offer term life policies.
I will also look into that one company that someone listed above if they deal with the general public.
Regards,
Joe
I will also look into that one company that someone listed above if they deal with the general public.
Regards,
Joe
xtremethunder
New member
Thanks all, I will contact my HR department today and see if they carry any companies that offer term life policies.
I will also look into that one company that someone listed above if they deal with the general public.
Regards,
Joe
I will also look into that one company that someone listed above if they deal with the general public.
Regards,
Joe
xtremethunder
New member
Thanks all, I will contact my HR department today and see if they carry any companies that offer term life policies.
<br />
<br />I will also look into that one company that someone listed above if they deal with the general public.
<br />
<br />Regards,
<br />Joe
<br />
<br />I will also look into that one company that someone listed above if they deal with the general public.
<br />
<br />Regards,
<br />Joe
coltsfan715
New member
There are policies you can get, and I have gotten one as an adult but let it lapse because I have a much cheaper policy my parents got for me before I was diagnosed. From my experience with life insurance as an adult is there are limits on how much they will let you take out - meaning for me the max they told me I could take was 25,000 and I have to live 2 years after first getting the policy before the policy will pay out. I ended up just getting a policy for about 10,000 at the time, just in case to cover some expenses, and paid about 35 bucks a month for that. I know there are policies for children too but I can't remember what they are called.
If I were any of you I would try to get in touch with an insurance broker - when I got my policy I went through Western Southern Insurance Company - ask them all sorts of what if questions but don't come right out and say it is for you or a loved one that is ill. Ask what type of policies they have and if you have to lie, say you have a friend with a child with CF and if they would be able to cover that child. ANY time I have asked a question like that I get asked the child's age and then I get told there are certain policies for children under 5 I believe it is and certain ones for over 5.
I listened to people on this site and others that said we were uninsurable and honestly we ARE NOT. Companies will insure us but there are tons of stipulations, like time frame, amount you can be insured for and amount you have to pay for premiums. It isn't easy but there are policies out there, so keep looking.
And agreed the term life through your work is a great idea. I have one of those now along with my personal policy.
Take Care
Lindsey
If I were any of you I would try to get in touch with an insurance broker - when I got my policy I went through Western Southern Insurance Company - ask them all sorts of what if questions but don't come right out and say it is for you or a loved one that is ill. Ask what type of policies they have and if you have to lie, say you have a friend with a child with CF and if they would be able to cover that child. ANY time I have asked a question like that I get asked the child's age and then I get told there are certain policies for children under 5 I believe it is and certain ones for over 5.
I listened to people on this site and others that said we were uninsurable and honestly we ARE NOT. Companies will insure us but there are tons of stipulations, like time frame, amount you can be insured for and amount you have to pay for premiums. It isn't easy but there are policies out there, so keep looking.
And agreed the term life through your work is a great idea. I have one of those now along with my personal policy.
Take Care
Lindsey
coltsfan715
New member
There are policies you can get, and I have gotten one as an adult but let it lapse because I have a much cheaper policy my parents got for me before I was diagnosed. From my experience with life insurance as an adult is there are limits on how much they will let you take out - meaning for me the max they told me I could take was 25,000 and I have to live 2 years after first getting the policy before the policy will pay out. I ended up just getting a policy for about 10,000 at the time, just in case to cover some expenses, and paid about 35 bucks a month for that. I know there are policies for children too but I can't remember what they are called.
If I were any of you I would try to get in touch with an insurance broker - when I got my policy I went through Western Southern Insurance Company - ask them all sorts of what if questions but don't come right out and say it is for you or a loved one that is ill. Ask what type of policies they have and if you have to lie, say you have a friend with a child with CF and if they would be able to cover that child. ANY time I have asked a question like that I get asked the child's age and then I get told there are certain policies for children under 5 I believe it is and certain ones for over 5.
I listened to people on this site and others that said we were uninsurable and honestly we ARE NOT. Companies will insure us but there are tons of stipulations, like time frame, amount you can be insured for and amount you have to pay for premiums. It isn't easy but there are policies out there, so keep looking.
And agreed the term life through your work is a great idea. I have one of those now along with my personal policy.
Take Care
Lindsey
If I were any of you I would try to get in touch with an insurance broker - when I got my policy I went through Western Southern Insurance Company - ask them all sorts of what if questions but don't come right out and say it is for you or a loved one that is ill. Ask what type of policies they have and if you have to lie, say you have a friend with a child with CF and if they would be able to cover that child. ANY time I have asked a question like that I get asked the child's age and then I get told there are certain policies for children under 5 I believe it is and certain ones for over 5.
I listened to people on this site and others that said we were uninsurable and honestly we ARE NOT. Companies will insure us but there are tons of stipulations, like time frame, amount you can be insured for and amount you have to pay for premiums. It isn't easy but there are policies out there, so keep looking.
And agreed the term life through your work is a great idea. I have one of those now along with my personal policy.
Take Care
Lindsey
coltsfan715
New member
There are policies you can get, and I have gotten one as an adult but let it lapse because I have a much cheaper policy my parents got for me before I was diagnosed. From my experience with life insurance as an adult is there are limits on how much they will let you take out - meaning for me the max they told me I could take was 25,000 and I have to live 2 years after first getting the policy before the policy will pay out. I ended up just getting a policy for about 10,000 at the time, just in case to cover some expenses, and paid about 35 bucks a month for that. I know there are policies for children too but I can't remember what they are called.
<br />
<br />If I were any of you I would try to get in touch with an insurance broker - when I got my policy I went through Western Southern Insurance Company - ask them all sorts of what if questions but don't come right out and say it is for you or a loved one that is ill. Ask what type of policies they have and if you have to lie, say you have a friend with a child with CF and if they would be able to cover that child. ANY time I have asked a question like that I get asked the child's age and then I get told there are certain policies for children under 5 I believe it is and certain ones for over 5.
<br />
<br />I listened to people on this site and others that said we were uninsurable and honestly we ARE NOT. Companies will insure us but there are tons of stipulations, like time frame, amount you can be insured for and amount you have to pay for premiums. It isn't easy but there are policies out there, so keep looking.
<br />
<br />And agreed the term life through your work is a great idea. I have one of those now along with my personal policy.
<br />
<br />
<br />Take Care
<br />Lindsey
<br />
<br />If I were any of you I would try to get in touch with an insurance broker - when I got my policy I went through Western Southern Insurance Company - ask them all sorts of what if questions but don't come right out and say it is for you or a loved one that is ill. Ask what type of policies they have and if you have to lie, say you have a friend with a child with CF and if they would be able to cover that child. ANY time I have asked a question like that I get asked the child's age and then I get told there are certain policies for children under 5 I believe it is and certain ones for over 5.
<br />
<br />I listened to people on this site and others that said we were uninsurable and honestly we ARE NOT. Companies will insure us but there are tons of stipulations, like time frame, amount you can be insured for and amount you have to pay for premiums. It isn't easy but there are policies out there, so keep looking.
<br />
<br />And agreed the term life through your work is a great idea. I have one of those now along with my personal policy.
<br />
<br />
<br />Take Care
<br />Lindsey
coltsfan715
New member
I will try and talk to some people I know in insurance to get the names of the policies because I know they are out there, it just may not be all the coverage you are looking for.
Lindsey
Lindsey
coltsfan715
New member
I will try and talk to some people I know in insurance to get the names of the policies because I know they are out there, it just may not be all the coverage you are looking for.
Lindsey
Lindsey
coltsfan715
New member
I will try and talk to some people I know in insurance to get the names of the policies because I know they are out there, it just may not be all the coverage you are looking for.
<br />
<br />Lindsey
<br />
<br />Lindsey
xtremethunder
New member
Figured I would stop in and give an update now that the Holidays are over and the insurance companies finally returned my call.
I went through a company through my employer (Local Municipality). I spoke to someone from Colonial Life and stated up front my condition of CF. He called underwriting and they mentioned I am eligible for up to $150,000 of coverage of any combination of Term Life and Universal Life insurance. I ended up taking out $100,000 Term Life policy and $50,000 Universal Life policy. Both for a 30 year duration.
I was able to truthfully answer all questions. I do not need to always be employed by my current employer to receive the policies, they get transferred to wherever if I ever decide to switch jobs. Automatically gets taken out of my check. The Term Life policy is $18/ mo and the Universal Life policy is $24/ mo. for a total of $42 a month. Those premiums are guaranteed for the 30 years and will never increase.
I went through a company through my employer (Local Municipality). I spoke to someone from Colonial Life and stated up front my condition of CF. He called underwriting and they mentioned I am eligible for up to $150,000 of coverage of any combination of Term Life and Universal Life insurance. I ended up taking out $100,000 Term Life policy and $50,000 Universal Life policy. Both for a 30 year duration.
I was able to truthfully answer all questions. I do not need to always be employed by my current employer to receive the policies, they get transferred to wherever if I ever decide to switch jobs. Automatically gets taken out of my check. The Term Life policy is $18/ mo and the Universal Life policy is $24/ mo. for a total of $42 a month. Those premiums are guaranteed for the 30 years and will never increase.
xtremethunder
New member
Figured I would stop in and give an update now that the Holidays are over and the insurance companies finally returned my call.
I went through a company through my employer (Local Municipality). I spoke to someone from Colonial Life and stated up front my condition of CF. He called underwriting and they mentioned I am eligible for up to $150,000 of coverage of any combination of Term Life and Universal Life insurance. I ended up taking out $100,000 Term Life policy and $50,000 Universal Life policy. Both for a 30 year duration.
I was able to truthfully answer all questions. I do not need to always be employed by my current employer to receive the policies, they get transferred to wherever if I ever decide to switch jobs. Automatically gets taken out of my check. The Term Life policy is $18/ mo and the Universal Life policy is $24/ mo. for a total of $42 a month. Those premiums are guaranteed for the 30 years and will never increase.
I went through a company through my employer (Local Municipality). I spoke to someone from Colonial Life and stated up front my condition of CF. He called underwriting and they mentioned I am eligible for up to $150,000 of coverage of any combination of Term Life and Universal Life insurance. I ended up taking out $100,000 Term Life policy and $50,000 Universal Life policy. Both for a 30 year duration.
I was able to truthfully answer all questions. I do not need to always be employed by my current employer to receive the policies, they get transferred to wherever if I ever decide to switch jobs. Automatically gets taken out of my check. The Term Life policy is $18/ mo and the Universal Life policy is $24/ mo. for a total of $42 a month. Those premiums are guaranteed for the 30 years and will never increase.
xtremethunder
New member
Figured I would stop in and give an update now that the Holidays are over and the insurance companies finally returned my call.
<br />
<br />I went through a company through my employer (Local Municipality). I spoke to someone from Colonial Life and stated up front my condition of CF. He called underwriting and they mentioned I am eligible for up to $150,000 of coverage of any combination of Term Life and Universal Life insurance. I ended up taking out $100,000 Term Life policy and $50,000 Universal Life policy. Both for a 30 year duration.
<br />
<br />I was able to truthfully answer all questions. I do not need to always be employed by my current employer to receive the policies, they get transferred to wherever if I ever decide to switch jobs. Automatically gets taken out of my check. The Term Life policy is $18/ mo and the Universal Life policy is $24/ mo. for a total of $42 a month. Those premiums are guaranteed for the 30 years and will never increase.
<br />
<br />I went through a company through my employer (Local Municipality). I spoke to someone from Colonial Life and stated up front my condition of CF. He called underwriting and they mentioned I am eligible for up to $150,000 of coverage of any combination of Term Life and Universal Life insurance. I ended up taking out $100,000 Term Life policy and $50,000 Universal Life policy. Both for a 30 year duration.
<br />
<br />I was able to truthfully answer all questions. I do not need to always be employed by my current employer to receive the policies, they get transferred to wherever if I ever decide to switch jobs. Automatically gets taken out of my check. The Term Life policy is $18/ mo and the Universal Life policy is $24/ mo. for a total of $42 a month. Those premiums are guaranteed for the 30 years and will never increase.
rubyroselee
New member
I got a $100,000 policy through Colonial Life. That policy is no-questions-asked as long as you don't have 8 of the conditions they have listed, and CF is not one of them.
rubyroselee
New member
I got a $100,000 policy through Colonial Life. That policy is no-questions-asked as long as you don't have 8 of the conditions they have listed, and CF is not one of them.
rubyroselee
New member
I got a $100,000 policy through Colonial Life. That policy is no-questions-asked as long as you don't have 8 of the conditions they have listed, and CF is not one of them.