Drawing a blank. any life carriers for someone that had a previous drug overdose
- Thread starter GFG24
- Start date
- 25,990
Just a guess - you may be looking at stacking SIWL. If that.
- 11,471
If there's a difference between SIWL and GI, go with the guaranteed issue, depending on the questions.
March is way too soon for anything else. I wouldn't even consider a fully underwritten policy until 5 years have passed.
March is way too soon for anything else. I wouldn't even consider a fully underwritten policy until 5 years have passed.
- Thread starter
- #4
- 11,471
No... I wouldn't stop there.
The premium, regardless of the amount, is always cheaper than the problem you are trying to solve.
If he can get an offer, insurance is the way to go to solve a $200k buy-sell funding issue.
The premium is the solution to the problem of a $200k shortfall at the time the money is needed most.
Just emphasize that, based on his health history, he'd be lucky to get ANYTHING to help solve the problem.
Choices have consequences and hopefully he'll buy and appreciate getting this coverage in-place... and then getting new coverage in a few years when he can.
SELL IT!
The premium, regardless of the amount, is always cheaper than the problem you are trying to solve.
If he can get an offer, insurance is the way to go to solve a $200k buy-sell funding issue.
The premium is the solution to the problem of a $200k shortfall at the time the money is needed most.
Just emphasize that, based on his health history, he'd be lucky to get ANYTHING to help solve the problem.
Choices have consequences and hopefully he'll buy and appreciate getting this coverage in-place... and then getting new coverage in a few years when he can.
SELL IT!
- 25,990
- 11,471
Primarily for the health questions to be a bit more favorable for his situation. We all know that even GI has health questions, but there should be less questions than simplified issue.
It's not really my market, but for that situation, I'd want the approval and ability for a claim to be paid as much as possible.
It's not really my market, but for that situation, I'd want the approval and ability for a claim to be paid as much as possible.
- 4,907
What is Hunter Biden up to now? Him & the big guy got a new business venture?
Petersen's failure to survive/buy-sell. They take all sorts of stuff and certain medical histories (because they will exclude conditions). They may take it.
I don't know of any carrier outside of them who would accept this risk given the recency and the continued marijuana use. Any drug history combined with that (or continued use of alcohol) is normally a dead deal for traditional carriers.
I don't know of any carrier outside of them who would accept this risk given the recency and the continued marijuana use. Any drug history combined with that (or continued use of alcohol) is normally a dead deal for traditional carriers.
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