I have 70 yr old client wanting 100k Term life but had a quadbypass 13 mos ago. Never any heart problems before that. Was on mandatory stress test when problem arose. He also takes metformin 1000mg 2 times a day. Had diabetes for over 5 years. Any companies that you point me in right direction to call. Thanks
Quad Bypass with Diabetes
- Thread starter general88
- Start date
- 25,002
Low chance. Does he have a lot of money? If you found anything the premium will be huge.
- Thread starter
- #3
- 3,764
slim to none...check with your brokerage units in house underwriter, and get some feedback from American General, or Prudential...
Because I hear it's cheap, and he's going to invest the rest of his money and self insure.
- 15,041
He's a diabetic who just had a quad bypass. What does he need perm for, he's going to be dead inside 10 years anyway. Too bad the underwriter knows that too!
Does he have an existing policy? Maybe you could convert the policy if the conversion period goes to 75 (although i think most only go to 70). If he can't convert, then you definitely need to shop the case. Get his A1C, ht/wt, any other meds, and add that to the other factors you mentioned and shop it. That's gonna allow you to find out ahead of time if there's anything that can be done with this guy or if it's a lost cause.
You should present both term and permanent options. At his age and with his med hx, permanent would probably be the better option. But then again...the guy's gotta be willing to write the check...
You should present both term and permanent options. At his age and with his med hx, permanent would probably be the better option. But then again...the guy's gotta be willing to write the check...
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