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Posts Under Health risk Category

Is The Hep C Risk Gone With The Cure?

Is The Hep C Risk Gone With The Cure?

Life insurance underwriters kind of get caught with their brainiac pants down when something like a cure for Hepatitis C comes along. They’ve had their underwriting stance on the impairment in writing for so long that it’s just what it is and it’s not going to change any more than a star’s name on the walk of fame in Hollywood would be chiseled out and changed. It used to b...
United Healthcare Bails On Obama!

United Healthcare Bails On Obama!

United Healthcare announced yesterday that, from an insurance company perspective, Obamacare isn’t going to be in their long term planning. Of course at this point, depending on next year’s election, it may not be on anyone’s long term planning. What do you do with that kind of information? There is a substantial percentage of those eligible for ACA that have chosen to take care...
A Funny Thing Happened On The Way To The Doctor

A Funny Thing Happened On The Way To The Doctor

A funny thing also happened while I was losing that extra weight…and getting my cholesterol under control…and changing my diet and exercise routine to get my A1c back down to normal so I could get a better price on life insurance. What happened? NOTHING! Nada! People put off applying for life insurance all the time citing just one thing that they need to get past or get done or get ove...
HIV+ Business Life Insurance!

HIV+ Business Life Insurance!

While the traditional companies tanked on their idea of offering life insurance for those with well controlled HIV+, we do have an outlet that can provide life insurance for business purposes for those with well controlled HIV+. The company has the choice of covering or excluding death due to complications of HIV+ in the life insurance policy, but within the following parameters they have leaned t...
So Pot’s Legal Some Places. Does Life Insurance Care?

So Pot’s Legal Some Places. Does Life Insurance Care?

We’ve had a few questions coming from Colorado and Washington about life insurance stance on marijuana use since both states have legalized recreational use. We put the question out to all the life insurance companies we represent and I am writing this as the answers come in. What I think we’ll find is that legality will make some changes but, like alcohol, they are going to roll over...
Compliance Trumps Life Insurance Risk!

Compliance Trumps Life Insurance Risk!

As we were reviewing a new case it occurred to us that how much a client cares about a health issue, how compliant they are with medical recommendations, is more than half the battle in finding the best possible life insurance rates for their situation. This client is an absolutely stellar example of that kind of compliance and how the medical issue he is dealing is, well, not going to be the deat...
The Risk Of Untrue Life Insurance Information!

The Risk Of Untrue Life Insurance Information!

We know that from our end of the impaired risk life insurance business there isn’t much that is more frustrating than working hard on an application only to have it declined because of information the client withheld. It’s an understandable thing that we don’t all remember 100% of our medical history, but there are plenty of clients who kind of skirt around answers or just don...
HIV Life Insurance For High Net Worth Clients!

HIV Life Insurance For High Net Worth Clients!

Now that there is traditional life insurance available for those who are HIV positive and meet reasonable requirements, it’s time to talk more in depth about who this turn of events will most impact. When we were first told about this breakout underwriting change we were told that there were going to be two companies and that one would be offering only permanent life insurance and the othe...
What Is Too Much Life Insurance Risk?

What Is Too Much Life Insurance Risk?

We had a call today from a man who has been trying and failing to get traditional life insurance (not graded or guaranteed issue) and has stable stage 3 kidney disease. He has been told by all companies he has approached that he cannot get life insurance due to the kidney disease, and to the best of our knowledge that is accurate. The guy was very thoughtful and intelligent and posed great quest...
Importance Of Life Insurance Good Health Statement!

Importance Of Life Insurance Good Health Statement!

When life insurance policies are delivered to be put in force, part of the delivery receipt is a statement of good health or good health statement. Essentially it is the company politely asking one more time if there is anything that has come up since the application and exam that is worthy of them taking a look at before finalizing the transaction. We got a call from a client this morning who had...
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