Need Some Help with an overweight life insurance Client

[davidp711]

Here is the info on the client:

Insurance Information:
Requested Policy: Term20YearGuaranteedLevelPremium Amount: 100000
-------------------------------------------------------------------------

Prospect and Policy Type Information:
DOB: 06/24/1982 Gender: Female
Height: 5 ft 4 in Weight: 250 Smoker: No

Consumer has reported the following disorders in the past 10 years:
Diabetes

Life Style Related Information:
Engage in Hazardous Activities: No

Not sure who would let her go through underwriting.

 

[InsuranceMonkey]

Re: Need Some Help with a Client

Build is 3 tables by industry standard. Assuming it's DM II, "average" blood sugar control, no complications, 3 more tables. If A1c is "optimal" control, you can take 1-2 tables off DM rate.

I wouldn't quote less than a T-4 on a fully underwritten product. Be realistic at a T-6 and hope for better. Pretty young for diabetes.

 

[BNTRS]

Insurancemonkey,

What kind of view would you have on this if the PI in this case had an LDL above 140 and/or Tri's above 150?

My experience has been the least amount of consistency exists when it comes to cholesterol.

BP tends to be pretty much the same, but cholesterol varies a good bit, though I would argue arteriosclerosis risk would be more problematic with elevated lipids than by hbp alone.

 

[JimmyUt]

Here is the info on the client:

Insurance Information:
Requested Policy: Term20YearGuaranteedLevelPremium Amount: 100000
-------------------------------------------------------------------------

Prospect and Policy Type Information:
DOB: 06/24/1982 Gender: Female
Height: 5 ft 4 in Weight: 250 Smoker: No

Consumer has reported the following disorders in the past 10 years:
Diabetes

Life Style Related Information:
Engage in Hazardous Activities: No

Not sure who would let her go through underwriting.

UHL has some simplified products she should fit within and it will save all the other B.S. By the time she is done with underwriting, I would bet they are priced better. Ask Wino, he will be able to tell you.

 

[WinoBlues]

A good case for a SITerm plan. IMHO
- - - - - - - - - - - - - - - - - -

UHL has some simplified products she should fit within and it will save all the other B.S. By the time she is done with underwriting, I would bet they are priced better. Ask Wino, he will be able to tell you.

Wow, great minds....... What he said.

 

[deadhead]

If she was diagnosed after the age of 9 Liberty Bankers will take her.

 

[JimmyUt]

A good case for a SITerm plan. IMHO
- - - - - - - - - - - - - - - - - -


Wow, great minds....... What he said.

Their term products might be the only reason I would even consider recontracting with them.

 

[jdeasy]

If she was diagnosed after the age of 9 Liberty Bankers will take her.

What would LB charge her for $100,000 20 year term?

 

[WinoBlues]

Their term products might be the only reason I would even consider recontracting with them.

If she is a single mom their ROP term with a child rider would make a good family plan. If she can fit into the Ht & Wt table.

 

[deadhead]

What would LB charge her for $100,000 20 year term?

Whoops didn't notice which part of the forum this was in