Guaranteed issue on 3 week old

[Allen Trent]

3 week old showing signs of possibly down sydrome

Any carriers that go down to age 0 on guaranteed issue. I believe Senior Life does, correct?

Any idea on rate or how much for age 0 female? Helping an agent source coverage for a friend, etc

 

[rousemark]

3 week old showing signs of possibly down sydrome

Any carriers that go down to age 0 on guaranteed issue. I believe Senior Life does, correct?

Any idea on rate or how much for age 0 female? Helping an agent source coverage for a friend, etc

In TN there are two. Senior Life $37 and CICA $35 for $10k.

 

[WinoBlues]

3 week old showing signs of possibly down sydrome

Any carriers that go down to age 0 on guaranteed issue. I believe Senior Life does, correct?

Any idea on rate or how much for age 0 female? Helping an agent source coverage for a friend, etc

There were a couple companies that had non underwritten child term riders. They were convertible at Std at ageish 25 for a multiple of 5 or six. I do not recall who they are or were.

I did one for 20k and converted it to $100,000 GUL

 

[jdeasy]

3 week old showing signs of possibly down sydrome

Any carriers that go down to age 0 on guaranteed issue. I believe Senior Life does, correct?

Any idea on rate or how much for age 0 female? Helping an agent source coverage for a friend, etc

Pretty sure Gerber does that age. And CICA for sure.

 

[Allen Trent]

Pretty sure Gerber does that age. And CICA for sure.

I thought Gerber might, but I had seen this news on local TV, so I assumed Gerber wouldnt. But that news was using 8 year old information at that time & it has now been another 7 years.

Thanks

Gerber criticized over denying life insurance for a Michigan child with Down Syndrome

Rachael Yokum, who lives in Buchanan, says her young daughter was denied life insurance because the company said the baby had a shorter life expectancy.

www.wzzm13.com

 

[theinsuranceman]

In TN there are two. Senior Life $37 and CICA $35 for $10k.

For Senior Life the correct premium is $31.54 for $10k which includes $20k for accidental death for a female. She must be at least 30 days old, I believe, for the policy to be accepted.

 

[rousemark]

For Senior Life the correct premium is $31.54 for $10k which includes $20k for accidental death for a female. She must be at least 30 days old, I believe, for the policy to be accepted.

OK.. I was quoting male rates. I overlooked that Allen said it was a female.

 

[theinsuranceman]

OK.. I was quoting male rates. I overlooked that Allen said it was a female.

The correct male premium would be $38.36, not $37. Close though...lol.

 

[Allen Trent]

OK.. I was quoting male rates. I overlooked that Allen said it was a female.

not your fault. it is 2025, men should not be discriminated against & have to pay higher rates.