Help for Leroy

Apr 27, 2007

  1. Bob_The_Insurance_Guy
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    Bob_The_Insurance_Guy Guru

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    State:
    Georgia
    Leroy:

    Male
    Age: 60
    Height/Weight: 5 ft. 9 in. 220 lbs.
    Diabetic: Diagnosed 5 yrs ago - taking Metformin (under control)

    Looking for something to pay off his mortgage ($120K) or ($1,250/mo) should something happen to him.

    Disability is extremely high. Can get him a Term (10,15, or 20 yr) for a Standard rate, although he'd have to die to reap benefits.

    Leroy ain't made of money - been working warehouse for a major food processor for the past 15 yrs.

    Any idears?
     
  2. newmindfashion
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    newmindfashion Guru

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    As a diabetic at that age, I don't think you're likely to find an affordable life/disability combination especially if he's cash sensitive.

    He may have trouble getting any DI plan within a realistic cost range.
     
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