 If I change car insurance companies to get a lower rate, does that look negative on my record? |
| I could save about $40.00 monthly if I switch companies. I'm just wondering if that will look bad on my credit or if it will have any adverse effects on anything that will be taken into ... |
|
 We were robbed in Rome on Tuesday, now insurance co' are trying to wriggle out of paying us. any advice? |
On the metro in Rome on the second day of our holiday we were robbed, my bag, purse, jewellery and a large amount of cash plus my husbands wallet and credit cards
The Insurance company are ... |
|
 Want to put dad in life insurance??? |
I want to get life insurance for my father. Will I be the beneficery for him-after he passes away? Also, is a medical check required for this?
Thanks in advance for all of the positive ... |
|
 Car insurance!? |
how long before the policy expires does your insurance company send you the delightful letter detailing how much your insurance will cost for the following year!!
im looking around for ... |
|
 How many people use the ER as their doctor because they can't afford a private doctor.? |
| What do you do when you earn too much to be on welfare and don't want to be on welfare and not enough to afford medical insurance?... |
|
 I just purchased a auto insurance policy a few days ago. Can I cancel and go with another company? |
| At last minute, I had to get auto insurance with Esurance which I hate. But I really had no other choice. Can I cancel with them and go with another company that will give me a better deal?... |
|
 Need good advice? |
| So I was in a car accident -other driver's fault-just some rear end damage-approx 3500 worth of damage. My car has now been in the shop almost one month and i keep getting the run around -i ... |
|
 Do I have Life Insuarence? |
| How do I find out if i have a policy?... |
|
 Health insurance needed? |
| I need health insurance for my husband and myself. I keep getting denied because I had a hip replacement and torn rotor cuff repair. I also take 4 meds daily[hormone replacement. anxiety,bld ... |
|
 Who knows the answer to this question:? |
| I have a policy with 21st Century Insurance. I also have a teenage son in my house who uses my car to go to school everyday. He is not on my auto insurance policy and he caused an accident yesterday.<... |
|
| I can't get health insurance now can i? |
| I have already seen a doctor about a problem but it hasn't officially been diagnosed. I have a hospital appointment next month to see a specialist. on health insurance websites it says ... |
|
 Will private insurance company survive in India? ? |
| In Global financial crisis, as a trust based industry ,how do they overcome?... |
|
 Help with a home insurance claim...? |
we want to claim on our home insurance but have never done so before, what is the best thing to say and will they come out personaly to check we are telling the truth?
also how often should we ... |
|
|  |
J Z | Life insurance if I may be terminally ill? |
here's my dilemma - I found out last week that I have a couple of nodules in my left lung. It's too early to determine if there's any serious illness (cancer) to be concerned with. I have about $500,000.00 in life insurance, I want to get a new policy or maybe a couple of policies - and up the amount to about $5,000,000.00 I am wondering if there will be issues with eligibility - if the insurance company will give my survivors any grief if they discover that these nodules were found and not disclosed to the insurance company. Is this legal?
Even if it's not legal - how can I get a huge insurance policy for my family that won't cost a huge amount? I can get a 10-year term policy for $5 million for about $1,600.00 annually.
Does anyone have any advice for me? I want to hope for the best, but prepare for the worst. |
 |
 
tina m
|
You need to sit down a have a serious conversation with an agent.
If something happens to you, they are going to go through your medical records BEFORE they cut your family the check. And if you fail to disclose this information, your family's claim will be denied.
If you want cheap, get a term life policy. But you still have to be honest when applying, because they will deny the claim if you don't disclose your medical history in full detail.
Its called insurance fraud. |
|
Mystique
 |
The insurance company might accept you now as a policyholder but should an investigation turn up that you knew about this condition beforehand, your policy could be rendered null and void. This action would be considered "fraud". When you fill out an application, they ask about your condition and when you sign on the line, you are warned about giving false statements. Some have very strong words of caution.
Whatever you do, make sure you read the fine print. Some won't pay if you become ill or die within a certain time frame, sometimes within the first 2 years of the policy. The most your family will get is the paid premiums. |
|
MostChoice.com
 |
The earlier posters are right about being honest about your condition. A policy with that high a death benefit would certainly occasion greater scrutiny than a policy with a lower face value. You probably know what you should do – shop around. Talk with as many insurance agents as you can and be upfront about your condition. I really don’t know if it’s advisable to wait until a formal diagnosis or if securing protection right away will enhance the prospect of getting a more affordable plan.
But hopefully this will all be unnecessary, of course. There are many different noncancerous causes of multiple pulmonary nodules, including cysts, abnormal lung blood flow, or a fungal infection. I applaud your wanting to prepare your loved ones in the event of a serious illness, but I hope you’re positive about your outcome.
If you want to check out locally available life insurance plans and speak to multiple local area representatives without cost or obligation, check out MostChoice.com. They can provide information on plans from more than 100 A+ rated annuity companies and there is never any requirement to buy anything from anyone. Just tell the agents/brokers about your situation and wait until one of them brings back a plan that’s right for you.
You can fill out a short form to get started here:
http://www.mostchoice.com/life-insurance.cfm
Take care,
Barnes@MostChoice.com |
|
Suzanne: YPA
 |
As a former life insurance underwriter, I can tell you that, in order to obtain $5 million of life insurance, you'll have to go through a multitute of tests -- blood profile, urinalysis, independent physician exam, etc. The company will also require medical records from all of your physicians. There will be no way you can conceal this health condition from an insurer. Trust me. Once an insurer finds out about these nodules, it will decline your application. If the nodules turn out to be benign, you can reapply and provide a copy of the biopsy report. Be prepared for further investigation, though, especially for this amount of money.
Unless your existing policy has an option to increase the face amount without evidence of insurability, your options are limited. There are policies that ask very few health questions, but typically these policies are not issued for large dollar amounts -- and certainly not for $5 million.
Your best option at this time is to consider investing the money you already have.
One comment -- answerer "Donna R" seems well-intentioned, but she is incorrect. Insurers do not have computers that can access your medical records. In order for any such transaction, you must sign a release form (pursuant to federal HIPAA law and any applicable state laws); the records are then copied by the physician(s) and sent to the insurer. Donna may be thinking of the Medical Information Bureau system, but it works much differently than she described.
I hope this helps. |
|
tizzy_em85
|
To be honest i really dont think an insurance company will touch you now and if you dont tell them chances are when they are processing your application they will write to you Dr and it will be disclosed then also if your poily is accepted and then once you die it will deffinatly come to light that when you took out the new policy you were aware you had something wrong with you your policy will just be voided. I really wouldnt reconmend trying it you'll just end up worst off. |
|
Susan C
|
For a policy of that size, the insurance company will probably ask for medical records, and do a physical exam. Not likely that you will get more coverage. $500,000 is more than most Americans have for their family. Depending on your age and if you have kids that still need raised or college, $500K would probably be enough for your family to live comfortably. If you do find a company that will issue the policy, if you pass away in the first 2 years the Insurance company will automatically contest it, and check your medical records. Once they find that this was a possibility and that is why you purchased the policy, they could and probably will rescind the policy.
Good luck to you. I hope the nodules turn out to be nothing life threatening. |
|
mbrcatz
 |
Well, the problem is, if you fail to disclose the current issue, it voids the policy, and you can damn well bet that the insurance company will find out, even if it's after death.
You CAN buy insurance if you have a terminal illness - but you might end up paying face value + 5%. |
|
Danny H God rest, Allecat
|
Odds are you won't get any additional coverage. If you're terminally ill, then forget it. No one will take you, especially when you're asking for 5 million.
If you did not disclose your condition on the application then when a claim is filed, the insurance will deny it based in misrepresentation. You can't hide your condition anyway. The medical community is required by law to report all medical information to the Medical Information Bureau (MIB). All insurance companies subscribe to them and they will pull a bureau on you and find out all of your medical history. They have the right to do so because you signed an authorization to them when you signed the application. |
|
Donna R
 |
You may not be able to get any additional insurance now. Insurance company's have ways of finding out from computer systems linked throught doctors's offices /insurance company's of your recent medical history. Since the test have already indicated somethin may be wrong, they are going to say it is a preexisting condition and coverage can be denied if a preexisting condition is determined. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
9 | 25 minutes(s) ago
| | | |
9 | 47 minutes(s) ago
| | | |
9 | 51 minutes(s) ago
| | | |
9 | 3 hour(s) ago
| | | |
9 | 7 hour(s) ago
| | | |
9 | 11 hour(s) ago
| | | |
9 | 2 day(s) ago
| | | |
8 | 3 day(s) ago
| | | |
10 | 4 day(s) ago
| | | |
9 | 6 day(s) ago
| |
|
Homepage 
Financial
Forum 
Insurance 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
