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 Can one buy new affordable NJ health insurance for a chronic preexisting condition after a COBRA period ends?
What does the law say in New Jersey on this subject? If you have continuous coverage through your previous employer, and come down with a chronic injury or serious ongoing illness during your COBRA ...


 How Much Does Life Insurance Cost ?
how much life insurance i need, for how many years, and what can i afford to pay?...


 So is it a scam or what? I didn't want to waste 39 dollars on a registration packet if it didn't work.thanks.
...


 If the insurance company gives us money to fix the roof and we don't?
we had a pretty bad hail storm and the insurance company is going to give us money for the roof. we had someone look at it and the damage is really minor. if we use the money for something else ...


 Life insurance death benefits?
Why aren't there better federal laws and/or state laws to "force" insurance companies to do more to get the death benefits paid to beneficiaries?

Example: Hard working ...


 When buying life insurance, does the agent know your past insurance "mistakes"?
I'm thinking of buying life insurance from someone I know well. Only thing holding me back from using this person instead of a stranger, is that sveral years ago, I had a policy and ...


 Can I be required by a mortgage company to buy flood insurance if i don't live in a flood zone?
...


 Can u buy home insurance directly from the company?
is there a way to buy the home insurance directly from provider than going thru the agent ? Especially in FL, where the home owner's insurance is rising thru the ...


 Car Insurance?
Last year I paid my car insurance in one hit, online. This year, renewal price was higher because I got £50 cash back last year.
I saved £120 by searching around and went ahead with the ...


 Can an underwriter for a medical insurance company get full access to my medical records?
...


 Can I buy life insurance on my ex-boyfriend?
I am a single parent and I would like to know that my child will taken care of if her father passes away. He should leave her something, I already have a life insurance policy on myself. He does not ...


 What do you do if you do not have medical insurance?
I no longer have medical insurance-if I need medical care do I go to the hospital and who pays?...


 Do life insurance co's. pay for suicide?
...


 Can my employer legally switch health insurance without notifying me or getting my signature? N.Carolina?
I work in Charlotte, NC. I have been on one insurance plan for the past year. It was our annual enrollment period during the month of May. I get a new insurance provider card in the mail this past ...


 I lost my national insurance number how do i get it?
...


 What do I do if my unemployment benefits are about to run out?
I am collecting unemployment benefits in NJ and my funds are almost out. I haven't gotten any paperwork on an extention and I don't know what to do. I have been looking for work but there ...


 Anyone know of car insurance with no deposit to pay?
...


 How can I make my insurance appeal seem more convincing?
What can I add to my health insurance appeal form, to make it more convincing? I have a feeling they are going to reject my appeal so I want to sound confident and, if you will, intimidating....


 Help me pleeeeeeeeeeeeeeeeeeeeeez...
Coco is a 25-year-old single mother with a 3-year-old daughter named Jasmine. Coco earns about $25,000 a year as a teacher's assistant while she is working on her Bachelor's degree. She ...


 Is being an insurance agent hard?
Like Farmer's Insurance? What kind of money do they make?
Additional Details
What's it like?...



tanya c
My mother And I have been taking care of my grandmother who is 92,24/7 Am I able to take out life insurance?
Can I carry a lfe insurance policy on my grandmother?
                     
 




mcilvane
Rating
Yes you can get an life policy on her. But, the cost of the policy will be to expensive to justify getting a policy on her.


w8nc
Rating
If you mean can you purchase a policy on her, the answer is maybe. She would have to sign the application to testify that she is aware and approves a policy on her life. This means she would have to have legal capacity - or know what she is doing. If you mean can you take funds from the cash value of a policy, the answer is only if you are the owner of the policy.

If you do want to have a new policy written on her, be prepared to pay dearly for it. I work in the Financial Planning industry and I am a fully licensed Financial Representative and I have not heard of companys underwriting anybody over age 80/85. Plus she may not be able to be underwritten if she is required to have constant care. My advice is to talk with a financial adivsor who has access to multiple insuarnce companies. This way you get the best deal if you can even find a deal.

Good Luck!


cork
Rating
NO.
AGE EXCEED WHAT INSURANCE WOULD WRITE POLICY.


KATЯ
if you are one of the beneficiaries in her life insurance contract, than yes.


mbrcatz
Rating
Yes, but you need your grandmother's permission and cooperation to do it. If your grandmother is legally incompetent, her guardian must approve of it.

But from a practical point of view, you probably aren't going to be able to afford to buy a policy. It's probably going to cost more than the insurance payout.


Gambit
Good luck trying to find a company who would be willing to write a policy on a 92 year old who requires 24/7 care! You'd have a better chance finding the Holy Grail!


preethi r
Rating
no


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