we've tried globe & farmers .. turned down on both! the questions he had a to answer werent faulty , i dont understand... does anyone know of a place that WON'T turn him down?
2007-03-23 03:32:32 · 10 answers · asked by pezkandydoll 2 in Business & Finance ➔ Insurance
There's likely to be some reason, but it could be as simple as him being too high risk for those companies or the policy he's trying to get. Bankers Life & Casualty specializes in older policy holders, try them, maybe they can fit him into something.
2007-03-23 03:43:21 · answer #1 · answered by mattzcoz 5 · 0⤊ 0⤋
Do you know why your father was turned down? Is he on disability or have some sort of disease. If you are trying to get individually underwritten insurance from Farmer's or Globe he may be deemed uninsurable due to his health or something they found with regards to the medical exam that was conducted. You may want to try a policy like Liberty Life that require no underwriting. All he'll have to do is answer a few health questions. No medical exam is needed - but this doesn't necessarily mean that he'll be insured either. Chances are greater, but again, that depends why he was denied before. He also may want to ask his employer if they offer supplemental group life insurance coverage. This may be a good route for him to choose. Good luck!
2007-03-26 04:20:37 · answer #2 · answered by Byron Udell 2 · 0⤊ 0⤋
confident you may. The older he's, the greater it is going to fee. not all and sundry desires insurance. If he has adequate sources to pay for a burial, and he's the two divorced or you mom is now not residing, there is truly no person different than you to bypass away money to. yet, in case you're worried with regard to the kind you will pay very final costs, then a small coverage may be so as. insurance companies value coverage's on the wellbeing of the insured. maximum insurance companies won't supply him a worse classification because of the fact of his returned soreness. insurance companies are searching for situations that shorten the life span (coronary heart ailment, intense blood stress, maximum cancers, liver issues, etc.) Now if the that returned soreness has him incapacitated and unable to stroll, then they might upload a surcharge or greater score classification. in case you're worried than he won't qualify for insurance, you may prepare for a burial coverage. in case you may answer a pair of wellbeing inquiries to the insurance corporation delight, the coverage may be issued on the comparable day. The rates do not could come from him. they are able to come again from anybody.
2016-12-19 12:15:08 · answer #3 · answered by ? 3 · 0⤊ 0⤋
I'm sorry to hear about your father's bad luck with trying to get some life insurance protection.
What I can suggest is keep trying.
Each life insurance company has their own set of underwriting guidelines that an applicant for life insurance has to meet in order to be offered coverage.
However, since each company differs in their guidelines, the more insurance companies you try, the better the odds are you may find one that will accept your father for life insurance.
There are a few options you may want to consider,
1. Try to use one of the quote providers online that offer a number of quotes from several companies. That way you can find out quickly if there is one that will offer your father protection. For quotes, visit http://www.term-life-online.com/instant-term-life-quotes.html
2. Try to get quotes from life insurance companies that do not require a medical exam. For several options, visit http://www.free-online-insurance-quote-advisor.com/Life-insurance-no-medical-exam.html
I hope that helps you find your father some life insurance.
Best of luck to you both!
2007-03-23 05:15:41 · answer #4 · answered by Anonymous · 0⤊ 0⤋
what is the reason they are turning him down? They should tell you. Is he 5'1" & weighs 380, with diabetes, high blood pressure, had a stroke & cancer & bed ridden? Not trying to make light of your delema, but they should give you info on why they are turning him down. It will help us be able to better advise you.
If it is a universal issue that no one will underwrite, like if he has AIDS or diagnosed terminal with something, it wont really matter where you go. You will be turned down again. Try to give us a brief description of him & health & what the companies are saying WHY they wont issue coverage.
2007-03-23 04:35:53 · answer #5 · answered by ricks 5 · 1⤊ 0⤋
Contact a local life insurance agent and give them the information on his health. Include everything as to why he was denied. They can contact their underwriting department to find out if they would be able to write coverage or not.
2007-03-23 03:54:23 · answer #6 · answered by Anonymous · 0⤊ 0⤋
He needs to go to an INDEPENDENT agent, that represents a BUNCH of companies. He'll be rated, if he's been declined - and depneding on the declination reasons, it could be EXTREMELY expensive, but he should be able to get a quote.
2007-03-23 04:11:21 · answer #7 · answered by Anonymous 7 · 0⤊ 0⤋
Go to insure.com, if they can't find a company to accept him, there may not be any.
2007-03-23 03:36:26 · answer #8 · answered by not4u2c_yet 4 · 0⤊ 0⤋
living life is the best insurance
2007-03-23 03:35:10 · answer #9 · answered by Anonymous · 0⤊ 2⤋
try there
2007-03-24 12:22:50 · answer #10 · answered by Anonymous · 0⤊ 0⤋