I was curious what some of you pros can tell me about the application process and more specifically the issues that I may be looking at if I go through with applying for Life Insurance.
I have a couple of felonies that are 14yrs old. I was a juvenile when the crimes took place and I am 32 now. The judge made an example out of me to my co-defendants and charged me as an adult. Me and my wife have been filling out the apps (Auto-Owners) and a friend of myself and my boss is the agent. He, nor my boss, are aware of my past and I want to keep it that way. They have never asked, so I never told. On the apps they specifically asked if any criminal offenses have occured in the last 10 years. My agent helped fill it out with me and we checked no. Will Auto-Owners look past 10 years and if so will they penalize me even though I answered honestly? I am scared that if I get denied or something not only could it mean no life insurance but also no job if my agent slips in front of my boss about it. Should I look elsewhere?
I've graduated from a very well respected college and have a nice house and great wife. We are planning on kids next year and I just dont want to do anything that could hurt my family. My agent recommended 600k for 30years for both of us because of our house and plans for kids and the future and stuff.
How bad is this looking for me? I truelly regret my past and have tried to learn from it and become a much better person but it situations like this that scare me to death. I am more worried that I will let my wife, parents, boss and co-workers down and it will just be very hard to convince them otherwise.
I appreciate any advice anyone can share.
Thanks,
I have a couple of felonies that are 14yrs old. I was a juvenile when the crimes took place and I am 32 now. The judge made an example out of me to my co-defendants and charged me as an adult. Me and my wife have been filling out the apps (Auto-Owners) and a friend of myself and my boss is the agent. He, nor my boss, are aware of my past and I want to keep it that way. They have never asked, so I never told. On the apps they specifically asked if any criminal offenses have occured in the last 10 years. My agent helped fill it out with me and we checked no. Will Auto-Owners look past 10 years and if so will they penalize me even though I answered honestly? I am scared that if I get denied or something not only could it mean no life insurance but also no job if my agent slips in front of my boss about it. Should I look elsewhere?
I've graduated from a very well respected college and have a nice house and great wife. We are planning on kids next year and I just dont want to do anything that could hurt my family. My agent recommended 600k for 30years for both of us because of our house and plans for kids and the future and stuff.
How bad is this looking for me? I truelly regret my past and have tried to learn from it and become a much better person but it situations like this that scare me to death. I am more worried that I will let my wife, parents, boss and co-workers down and it will just be very hard to convince them otherwise.
I appreciate any advice anyone can share.
Thanks,