Is this Impossible?

2112Greg

Guru
100+ Post Club
I don't play in the FE space much at all, but I've got a woman with a laundry list of medical issues.

heart attack, two stents, two meds, blood thinner, cholesterol, seizure disorder after tumor, HBP, Type II

Born in 1951 in Texas and is looking for around 20k. Is there anything that is going to work for her or am I dreaming?
 
I don't play in the FE space much at all, but I've got a woman with a laundry list of medical issues.

heart attack, two stents, two meds, blood thinner, cholesterol, seizure disorder after tumor, HBP, Type II

Born in 1951 in Texas and is looking for around 20k. Is there anything that is going to work for her or am I dreaming?

There should be something here for her. See the attached
 

Attachments

  • FEXQuotes.pdf
    17.8 KB · Views: 41
I don't play in the FE space much at all, but I've got a woman with a laundry list of medical issues.

heart attack, two stents, two meds, blood thinner, cholesterol, seizure disorder after tumor, HBP, Type II

Born in 1951 in Texas and is looking for around 20k. Is there anything that is going to work for her or am I dreaming?

At age 62 Kemper's GI(ROP) is $133.80 MBD.

Settlers Bronze(ROP) only goes to $15K is $103.22MBD


She can definitely get either of these if they're in Texas.
 
Last edited:
Cool, thanks!

And it's 'stupid question' time.

Let's say that she lives for 20 years and has taken out a WL plan of, say, 1500 dollars a year that has a 10,000 db. After about 7-ish years, she will have paid what the db is. I've never understood this about FE. What happens at this point, when the premiums exceed the db? Do premiums stop and it just becomes a paid up policy?

???
 
I don't play in the FE space much at all, but I've got a woman with a laundry list of medical issues.

heart attack, two stents, two meds, blood thinner, cholesterol, seizure disorder after tumor, HBP, Type II

Born in 1951 in Texas and is looking for around 20k. Is there anything that is going to work for her or am I dreaming?

Depending on how long ago the heart attack and the stents she could immediate coverage.

Doesn't necessarily need to jump to GI.
 
I think the heart attack/stents was in the last couple of years. So that's probably a deal breaker...? Then again, I am not that familiar with FE underwriting.
 
Depending on how long ago the heart attack and the stents she could immediate coverage.

Doesn't necessarily need to jump to GI.

true.. if over 2yrs. find out exactly what the disorder is as well.

----------

Cool, thanks!

And it's 'stupid question' time.

Let's say that she lives for 20 years and has taken out a WL plan of, say, 1500 dollars a year that has a 10,000 db. After about 7-ish years, she will have paid what the db is. I've never understood this about FE. What happens at this point, when the premiums exceed the db? Do premiums stop and it just becomes a paid up policy?

???

the rate would be about 600/yr for the 10k db.
so at age 78 she would still be paying to keep in force for full db.
 
Right, forget the part about living 20 years. My question (perhaps it's stupid, I don't know!) is what happens when the premiums exceed the db? They keep paying into it?
 
Right, forget the part about living 20 years. My question (perhaps it's stupid, I don't know!) is what happens when the premiums exceed the db? They keep paying into it?

Yes they pay until they die but some companies have 10 pay 20 pay or paid up at 65
 
Back
Top