So, What’s The Deal With Mortality Risk?
I’ve often talked about mortality risk being the basis for life insurance underwriting, but looking back I’ve never really explained what that means in the context of a “normal” lifespan. We all hear that Americans are living longer than ever, one of the big problems we are facing as a nation. Not only are the ...read more
Adult Onset Type 1 Diabetes Getting A Better Look!
Proof that underwriting guidelines are 1. Not etched in stone like the 10 commandments and 2. Aren’t consistent from company to company, is shown in how type 1 diabetes is underwritten, particularly adult onset type 1. Type 1 diabetes has long been the unloved stepchild of the life insurance business, with the majority of companies ...read more
Declined For Life Insurance? Not A Bad Place To Start!
I won’t pretend that being declined for insurance doesn’t carry a sting. A common thought that comes with the decline is, “Do they think I’m about to die, or what”? Some perspective might help and maybe a little insight into how life insurance companies decide what will drive approvals and declines. It’s important to know ...read more
The ADA Comes Through, Sort Of!
In a post and open email to the American Diabetes Association last year I voiced my disgust with them that ““I have attempted in the past to share information about how diabetes impacts a person’s ability to get life insurance and what it takes and how a person can find affordable life insurance rates with ...read more
Type 1 Diabetes Still Doable With The Right Insurance Company!
I was recently asked to work on a case where the client was feeling like the kiss of decline was the best she would ever hear! Her only problem was that she had been a type 1 diabetic since age 9. I shared with you not too long ago how we had found that spot ...read more
Banner Life Knocks One Out Of The Park!
In a post not too long ago I talked about a case that I had shopped. My email to the various underwriters noted “39 year old male, 5’10, 148, non smoker. Diagnosed type 1 diabetes 2005. Compliant on testing, followup, and treatment. A1c has always been under 6.5. Diagnosed Grave’s disease 1999 and had thyroid ...read more
Aren’t Advocates Supposed To Be Helpful?
When I think advocate, I think, “Yes, someone who can help take some of this weight off of me. Someone who has the experience and the knowledge to get me through this”. I remember sharing my experience with the ADA, American Diabetes Association, a few years back when I posted on one of their forums ...read more
Diabetes. A Review Of Life Insurance Gold Stars!
I was considering just re-posting some old information about life insurance underwriting of diabetes, but let’s just hash our way through it. There is new information and new opportunities that wouldn’t have been there even a year ago. Let’s save type 1 diabetes for another day and focus on just what it takes to get ...read more
American Diabetes Association Still Falling Short!
It’s been at least a year since I last shared my dismay with both the readers of this blog and the ADA about the ADA choice to just ignore the subject of life insurance for those with diabetes on their website. Whether you have type 1 diabetes or type 2 diabetes, there is a wealth ...read more
Compliance And Control Wins The Day With Type 1 Diabetes!
Back in mid July I started working on a life insurance case for a young man with type 1 diabetes. He had already discovered how easy it is to find a company to decline him, but the picture he painted was not one that led to a logical decline. He had the same strikes against ...read more
