Browse: Home / Alcohol Treatment Life Insurance
By Ed Hinerman on April 16, 2013
The mega agencies online are really starting to make us life insurance agents who take our time and try to do a good job look like we’re part of a clueless industry. I had an Intelliquote former client (declined last week) call today and tell me that he just didn’t understand what they were trying ...read more
Posted in Alcohol Treatment Life Insurance, CEO life insurance, decline, executives, insurance, life insurance, life insurance approval | Tagged alcohol marker, CDT, clueless industry, decline based on MIB information, decline due to alcohol use, decline due to current alcohol use, insurance, Intelliquote life insurance, life insurance, life insurance intelligence oxymoron, liver functions, mega agencies online, MIB hit, sensitive confidential lab results
By Ed Hinerman on April 5, 2013
Because of the nature of impaired risk life insurance, many of my clients start out just hoping for an approval (usually after several declines), but they soon find out that approval isn’t my end game. I don’t just want declines turned into approvals. I want to continue improving on those approvals until we have hit ...read more
Posted in Alcohol Treatment Life Insurance, application process, approval, budget, compliance, decline, impaired risk life insurance, Independent agent, insurance, life insurance | Tagged always accept approval, approval, approval isn't end game, best rates possible, decline, drug or alcohol treatment, harsh underwriting treatment, impaired risk life insurance, insurance, life insurance, make it work in budget, time sensitive underwriting issues
By Ed Hinerman on October 16, 2012
The life insurance process is by law and by practice a confidential transaction. Life insurance agents shouldn’t be telling anyone about who they are working for and life insurance examiners shouldn’t be telling anyone about who they have examined and home office personnel shouldn’t be telling friends or family whose buying life insurance through their ...read more
Posted in Alcohol Treatment Life Insurance, approval, business life insurance, court ordered life insurance, Drug Treatment Life Insurance, executives, insurable interest, insurance, International Business insurance, life insurance, Lloyds of London | Tagged business life insurance, confidential life insurance, court ordered life insurance, divorce life insurance, ex wife confidentially buys policy, insurance, insuring someone without their knowledge, lender could purchase life insurance, life insurance, venture capital life insurance, written agreement
By Ed Hinerman on September 29, 2012
Drop the word insurance out of there and reality is that with success in life comes challenges that even the most on the ball folks aren’t ready for. How a person deals with those challenges can affect how they are perceived when they apply for life insurance. I’ve talked a lot about how the pulls ...read more
Posted in Alcohol Treatment Life Insurance, Anxiety, application process, approval, insurance, life insurance, life insurance approval | Tagged alcohol treatment, Anxiety, approved life insurance, attorney history of alcohol abuse, attorney life insurance, ceo life insurance, doctor life insurance, insulting decline, insurance, life insurance, life insurance post substance abuse, mood disorders, prescription drugs
By Ed Hinerman on September 12, 2012
There is this perverse notion, an urban legend if you will, that if you get declined for life insurance you become life insurance toast from then on. You might as well buy accidental death insurance and just hope that space junk and not cancer is the cause of your demise. I had a client just ...read more
Posted in accidental death, Alcohol Treatment Life Insurance, decline, DUI, insurance, life insurance | Tagged accidental death insurance, approved, circumstances he can get approved, declined, declined for life insurance, declined life insurance, declined would be blackballed, declines are a good place to start, declines are based on facts, full disclosure, information in driving record, insuirance, insurance industry blackballed, life insurance, life insurance toast, more declined life insurance
By Ed Hinerman on June 4, 2012
The rule of thumb for single DUI incidents has always been that new life insurance coverage just isn’t available until you’re a year out from your finger missing your nose, your liver functions are normal and there is no history of alcohol abuse. Or at least that’s what I thought the rule of thumb was. ...read more
Posted in Alcohol Treatment Life Insurance, DUI, insurance, life insurance | Tagged 3 months from single dui incident, 3 months out from dui, approve at standard table 1, business key man coverage, DUI, instant issue business policy, insurance, life insurance, Lloyds of London, need it now, no alcohol abuse history, normal liver functions, NW Mutual, standard and $3.50 flat extra per thousand
By Ed Hinerman on April 11, 2012
While hardly a problem that is restricted to people in the medical fields, simply based on the number of physicians and dentists I have worked with over the past few years, it seems their easy access to the drugs and or ability to write prescriptions is a growing problem. Fortunately for professionals there are treatment ...read more
Posted in Alcohol Treatment Life Insurance, Drug Treatment Life Insurance, insurance, life insurance, physicians life insurance | Tagged 5 year random test program, alcohol abuse, attorneys, CEO, chances of relapse very small, dentists, drug abuse treatment, drug treatment, drug treatment life insurnce, insurance, insurance approval soon after Vivitrol, life insurance, Naltrexone, physicians, prescription drug abuse life insurance, random drug testing, short term alcohol abuse, staying on Naltrexone, treatment programs for professionals, Vivitrol
By Ed Hinerman on February 28, 2012
I got an email from a life insurance agent today asking me if I could recommend a guaranteed issue life insurance company in Massachusetts. He indicated that he had run into several clients that were uninsurable and wanted to find the best company to write graded benefit guaranteed issue life through. I know I’ve talked ...read more
Posted in Alcohol Treatment Life Insurance, decline, diabetes, Drug Treatment Life Insurance, insurance, life insurance, prostate cancer | Tagged alcohol abuse treatment, angioplasty, basal cell carcinoma syndrome, cardiac bypass surgery, complant treatment, Drug Treatment Life Insurance, easily approved, gastric bypass surgery, guaranteed issue life insurance, insurance, life insurance, life insurance agent, life insurance approval, life insurance decline, melanoma, moles with dysplastic nevi, prescription drug abuse treatment, prostate cancer watchful waiting, prudentt treeatment, Type 1 diabetes, Type 2 diabetes, underwriting guidelines, well controlled |
By Ed Hinerman on August 23, 2011
I’m currently working on a life insurance case where the client, a physician, sought and completed treatment 4 years ago for prescription drug abuse. We shopped this last year and got an offer from Banner Life. The case was declined in underwriting because they said he had been treated for alcohol and prescription drug abuse. ...read more
Posted in Alcohol Treatment Life Insurance, Drug Treatment Life Insurance, insurance, life insurance | Tagged addiction, alcohol abuse, favorable treatment, impaired risk life insurance, insurance, life isurance, prescription drug abuse, prescription drug abuse treatment, second opinion |
By Ed Hinerman on July 27, 2010
Substance abuse treatment and life insurance underwriting are a delicate dance that if done correctly can be both successful in approval and reasonable rates. Having said that, like any impairment, there are parameters that have to be met. Whether self admitted, medically or court ordered, treatment for alcohol, illegal drugs or prescription drugs is taken ...read more
Posted in Alcohol Treatment Life Insurance, Drug Treatment Life Insurance, insurance, life insurance | Tagged AA, addictions, Alcohol Treatment Life Insurance, approval, decline, Drug Treatment Life Insurance, DUI, insurance, life insurance, NA, prescription drug treatment
