The Perfect Pilot Life Insurance?
Wouldn’t that be nice? Kind of like the Progressive commercials where every kind of insurance is in a separate box. “Here’s your perfect private pilot life insurance. Will that be all today?” It would be that simple if somehow you could get rid of all of the life insurance agents who claim to know what ...read more
Blood Pressure And Cholesterol Underwriting Loosen A Bit!
It’s been a long time since most insurance made any kind of fuss over being treated for cholesterol. As long as it was well controlled you could count on best rate class approvals. Now companies have jumped on the cholesterol ratio band wagon and are allowing preferred plus rates with total cholesterol as high as ...read more
Now That Is Some Brave Life Insurance Underwriting!
I get industry updates almost daily when companies believe they have a niche that is going to the the magic bullet for a client. Sometimes I wonder if anyone really thinks it through before they yell, “Hey, look at us!” I’m a big fan of United of Omaha. With their lifestyle credits on term insurance ...read more
Mild Sleep Apnea Draws Best Rate Class!!
It wasn’t all that long ago that life insurance underwriters would automatically table rate any sleep apnea, obviously having a problem wrapping their minds around the fact that the client would quit breathing several, if not a lot of times every night. The real problem of course is that, especially in more severe cases, the ...read more
Can You Wrap Your Mind Around How Dumb This Is?
In a post some years ago I was talking about underwriting of mild mood disorders and made a flip comment that it seemed about time that underwriters take another look since most of America and likely most of them were on Prozac or Zoloft or Wellbutrin. Well, I’m not always as effective as I hope ...read more
The Preferred Plus Type 2 Diabetic!
Preferred plus life insurance rates and type 2 diabetes are rarely used in the same sentence except possibly in the context of “Your chances of getting preferred plus rates with type 2 diabetes are slim to none”. That was until last year when ING Reliastar cracked open a window of opportunity. While not a huge ...read more
What’s The Difference Between Preferred Plus and Preferred Rates?
That’s a life insurance question that’s easy to quantify in numbers. At age 57 if I wanted $500,000 of 20 year term insurance and I qualified for the best rate class, preferred plus, I could expect to pay $1840 annually, about $161 a month. If for some reason I was qualified for the second best ...read more
The Snore Heard Round The World!
There’s really nothing quite like it. I mean, there is snoring and then there is the snore of someone with sleep apnea, a primal snore of someone fighting for their life. OK, so that might be a bit too far on the drama side, but the truth is that when you have sleep apnea you ...read more
Who Isn’t Suffering From Anxiety?
Depression is one of those life insurance issues I’ve been hearing about forever. Anxiety, on the other hand, was something I rarely heard about 10 years ago and today it seems anxiety treatment is almost as common as cholesterol treatment. I think I get that. It sure seems like 10 years ago there was a ...read more
