Insurance for someone released on parole

[rousemark]

After 40 years ,I was asked if we can get insurance on her son who was recently paroled from prison after 10years for attempted murder. What company do you know of that will take this on? Looking for 25K.

Family Life/Manhattan only asks

c. Used marijuana or illegal drugs, used drugs not prescribed by a physician, been treated or advised to have treatment for alcohol or drug
abuse, been arrested for DUI, DWI or a controlled substance?...................................................................................................................

They will issue up to 100K WL or 250K 20 year term

 

[shonceman]

Your most likely looking at a GI for someone who fits the age requirements.

That said you might be able to get LBL to take him at standard. Worth a try.

That's a complete no on LBL. They will decline someone who's still on parole or probation.

 

[Allines]

Family Life/Manhattan only asks

c. Used marijuana or illegal drugs, used drugs not prescribed by a physician, been treated or advised to have treatment for alcohol or drug
abuse, been arrested for DUI, DWI or a controlled substance?...................................................................................................................

They will issue up to 100K WL or 250K 20 year term

Will Columbian do this???

 

[rousemark]

Will Columbian do this???

No.. They ask about parole on both the term and the final expense..

 

[goillini52]

No.. They ask about parole on both the term and the final expense..

What if he's not on parole? Maybe he escaped from prison.

 

[rousemark]

What if he's not on parole? Maybe he escaped from prison.

OP said he was "PAROLED" from prison.. The pot is making you dizzy and blurring your vision.

 

[shonceman]

What if he's not on parole? Maybe he escaped from prison.

So, I'm imagining my answer. "Felony conviction in 2018. First degree murder. Sentenced to life in prison. Got out in 3 years. Not currently on probation or parole." Yeah. That should fly.

 

[PhxSunsFan]

wondering why there is more risk for the insurance company to write for a paroles? is the parole officer gonna kill the insured? etc

 

[goillini52]

wondering why there is more risk for the insurance company to write for a paroles? /QUOTE]

Because as a rule, people who have been in prison tend to get themselves in risky situations.

 

[Life Hawk]

Because as a rule, people who have been in prison tend to get themselves in risky situations.

But I'm reformed!