simplified issue recommendation?

[goillini52]

CFP83's a popular guy. It's getting competitive.

 

[shonceman]

CFP83's a popular guy. It's getting competitive.

 

[CFP83]

Just a note - LBL - They only go to $30,000 so if they want more you may need to stack more companies.

We are looking for 50k-100k...if it's remotely affordable. They have 500k invested with our RIA in fee-based liquid accounts.
Given the current variables I listed in the initial post, what do you all think "best case scenerio" is in terms of premium for permanent coverage in the 100k range? (including stacking policies).

 

[WinoBlues]

We are looking for 50k-100k...if it's remotely affordable. They have 500k invested with our RIA in fee-based liquid accounts.
Given the current variables I listed in the initial post, what do you all think "best case scenerio" is in terms of permanent coverage for 100k (including stacking policies).

These guys would be better helping with the underwriting part. I just assumed you were not looking for a small amount so I mentioned the stacking. My last two LBLs were stacking situations.

Depending on his prognosis it could be some cheap money.

 

[Todd King]

We are looking for 50k-100k...if it's remotely affordable. They have 500k invested with our RIA in fee-based liquid accounts.
Given the current variables I listed in the initial post, what do you all think "best case scenerio" is in terms of premium for permanent coverage in the 100k range? (including stacking policies).

Great Western might be another option that could possibly get him day one coverage. This will depend if he has been on the same meds and doses for the past 2 years. If not, then it would go GI with them.

One more possibility would be a 5 yr renewable GI term which he could get up to 50K on. It is renewable to age 80.

 

[CFP83]

We got the complete list of medications today:

Zoloft- 100mg 1x daily
Wellbutrin- 200mg 1x daily
Colestid- 1 gram 1x daily
Lactulose- 30mg 1x daily

Again decline through traditional underwriting at Midland National due to liver cirrhosis, biopsy findings, hepatomegaly, splenomegaly, and thrombocytopenia noted in medical records

 

[Todd King]

What we now need to know is how long he has been on these meds and and when the last dosage change was, if we want to try for first day coverage with Great Western. What we want to hear is that he has been on those meds for 2 years with no change in dosage. If it has been under 2 years for any changes, then it will have to go GI. Of course, that could still go under Great Western.