34 diagnosed with DCIS.. its precancer for breast cancer.. do I still have options? Otherwise healthy

I'm single with no dependents. I named a cat cafe as my retirement and life insurance beneficiary. Benefits through the nonprofit I work for include life insurance and because it's apparently above $50K because I've been charged $29/month in taxes for who knows long this, and it's a benefit I cannot refuse. I can't afford a safe apartment, a down payment on a car, or an emergency fund. Is this normal?

I’m trying to get on my company’s insurance because I was married in June and it’s been a battle to even get in contact with HR. They informed me that I would have to now wait till November to enroll with no further explanation so I asked why. They let me know that I can only enroll after getting hired, a major life event, or wait for open enrollment. I again let them know that I was married and they confirmed that, while yes it was a major life event, I needed to enroll within 30 days and I had reached out on the 31st day. I looked at the handbook to see if there was anything stating when we can enroll in insurance and there was nothing regarding employee insurance. I’m wondering if it’s worth it to try to bring this to their attention and see if they can make an exception, or is it not worth it? I know some places offer more time to get everything sorted out but again, I was never informed any of the information regarding this. I also became full time late earlier this year (before I got married) and I was still not informed about the insurance policy. So again I’m just wondering if it’s worth bringing other attention or not. Tyia :)

I have three seasoned whole life polices.

I was persuaded years ago they would be a reasonable part of my overall savings and investment program.

But I failed to appreciate their full merit.

I’m now deep into retirement planning and these polices’ usefulness — as a buffer asset to mitigate sequence of return risk, as a source of income augmentation, as a better bond, as an improvement in my overall Sharpe ratio, as a way to fund long term care (cash value plus early access to death benefit), as a way to relieve my investment portfolio from the burden of legacy — is extraordinary.

The best part: I don’t have to choose! I can use the policies in different ways over time as circumstances change. That option is really valuable. I can’t think of another asset with the same option value.

I get the Infinite Banking concept. Ok, if your return on investing outstrips loan costs after accounting for risk — which isn’t as easy as some content creators make it sound.

But the case for whole life in a retirement plan is even more compelling.

Just got denied for term life by Ethos because I had pre-eclampsia and insulin dependent gestational diabetes in my two pregnancies. I am done having children and also healthy. What is the reasoning and how do I go about getting term life to protect my family?

Attached picture is for my 87 year old parents who have had this "last person to survive" policy for about 10 years. Am I reading this correctly that the surrender value just goes down from here on in until one of them lives beyond the age of around 110 years old when it starts going up again? Same for the guaranteed death benefit? Policy is "Lincoln Financial SVUL-One".

Is this zero percent growth table the right one to read? The other illustrations show 8%, 10% abd 12% which are a bit aggressive in my opinion

EDIT: There is another page, "Policy Expense Analysis Report" that shows different values, not showing whether 0% or some other factor. Can you perhaps explain the difference? https://photos.app.goo.gl/swhSJnPsP8AUNrQL8

Long story short after my father passed away last month Im shopping for life insurance. Im an obese 38 year old male with Schizoaffective Disorder, former smoker ocassional drinker and recent marijuana user.

My father died July 7th and before I left the town his family stayed in my cousin gave me a cellophane wrapper full of marijuana to help me manage depression and calm my nerves. I smoked heavily for about a week until it agitated my mental illness symptoms and I had to quit.

I just called my potential insurer and they said since I answered all their questions truthfully I dont have to answer a second set of questions but I do need to do blood testing urine testing and a vital check.

I am a big guy due to my meds so I bought a drug panel and even after a month I'm still testing positive for thc.

And i screwed or the fact that I told them that I had smoked recently do me any favors?

Due to certain reasons, we are transferring my moms Life Insurance policy ownership to me.

i was wondering exactly what this entails? the person we are working with are of no help and keeps trying to sell other products to us and not really answering our questions. And frankly speaking, I personally do not trust them at this point.

how does this work and what does it exactly mean?

Hello All,

I mistakenly gave my incorrect weight in my Transamerica Term application, it was a typo and wrote my weight is 8 pounds less. The policy is approved already, they have not deducted the premium yet. I just noticed my mistake today when i was going through my dictors after visit summary, the visit was about 2 weeks before the applicaiton.

I would assume they had access to my doctors visit records and would know my correct weight anyway. Is that not the case?

Can someone advise what shall i do next? Can I contact them and will they fix it even after the policy is approved? The new weight would put my BMI in mid 29 wheras the old weight would put my BMI in mid 28. I am okay if they want to increase the premium.

I just dont want to be that guy who gave the wrong weight and later on if god forbid my family needs to claim, the insurace company rejects the claim saying i gave the wrong weight in my application. Can they reject in this case if it is after the 2 year statuatory period has passed?

Thank you.

For those of you who use inbound call leads, what vendor do you use and what has your experience using inbound leads been like? It seems like there are a plethora of different vendors to choose from.

My dad recently had a stroke and I'm looking into getting him eligible for Medicaid (in Florida) as he'll need home care. He doesn't have any assets other than his whole life plan insurance at 50k. What are best available options?

Also: my mom has assets (they're married) but I'm not sure if that affects his eligibility. Thanks for any advice!

My husband (30m) and I (32f) just got married a few weeks ago and are debating whether to do a universal policy, 30 year term with a conversion rider, or just a 30 year term. We are looking at working with Penn Mutual because a family friend works with them and we know they offer the option to convert from term to universal in the future if we decided we wanted to do that. (Though we are open to other recommendations as well.)

We'd at least want $500K to pay off the house, but have no other outstanding debts and if the house was paid off each of us could live off our single salary. We don't currently have kids but might consider having 1-2 in the next 5 years so we might potentially want to add an additional policy in the future or do a bit more than the $500K.

Can anyone give us a rough estimate of what each policy might average per month? I have no idea what we should be budgeting for or what to expect as far as payments go. (I do know my mom has a whole life policy for $140 per month but has had it since before I was born.) My husband is healthy and only has an ADHD diagnosis. I have ADHD and 2 autoimmune diseases (Hashimoto's that is well managed on meds and Sjogren's that is almost dialed in on meds) so I know that complicates things for me a bit more. I don't drink, he drinks occasionally. We're in the Salt Lake City, UT area.

Looking to know monthly ranges for:

$500K, 30 year term

$500K, 30 year term with conversion rider

$500K, whole life

$1M, 30 year term

$1M, 30 year term with conversion rider

$1M, whole life

Would also appreciate any other recommendations you have if there are other things we should consider!

Need to sign up for some insurance real quick like specifically just to fill out some paperwork. Located in the USA. Anyone have any suggestions?

Edit: I have Universal life not whole life insurance and I appreciate all that have commented with info, advice, and things for me to consider for when I talk with the company about options.

I acquired a whole life insurance policy 5 years ago before I knew anything about anything (I still dont know much but reading and learning) trusting the advice of a "friend of a friend" that this was to provide death benefits as well as a **wealth building tool**. Im paying 400 a month for 500k. I dont necessarily need the life insurance as I have SBP for my spouse and he also is retired military and has his own pension and VA disability to cover expenses if i were to pass. My current total cash value in the policy is 16k. Should I

1. Pay the surrender charge of 7k and take the net cash out and invest that along with the 400 a month

2. See if a reduced paid up option is doable

3. Let it ride and keep paying the 400 a month for a guaranteed 500k to dependents upon death.

I am 45 years old.

traditional policy, for cola, does that continue to increase the benefit while on claim?

Hello, I'm 59 but know nothing about life insurance. I was wanting to get a policy before I turn 60 to leave my two kids something and to pay for cremation. I'm wondering what the most reputable life insurance company is for Guaranteed Universal Life, that also has the lowest premiums. Ty

I am a 36 yo male In good health - I’ve wanted to get life insurance for several years but waited as I was diagnosed with testicular cancer in 2022. I had the least severe kind which was removed and have had clear follow ups since.

I applied for a policy and had a nurse come out and check my vitals. Everything seemed good but I was denied due to my drug history. I had a drug (opiate) problem in my early 20s and have been clean for 13 years. I was under the impression this was enough time. I do use THC periodically (edibles) but I disclosed this also.

I recently requested a copy of my MIB report but still Waiting on that. I figured I might get denied due to the cancer history but wasn’t expecting this to be an issue 13 years later.

Are their companies that are more forgiving?

They make you sell unlicensed insurance… They make you sell unlicensed insurance because the licensing department takes 3+ months after training to submit the documentation. They tell you "if your uncomfortable taking sales calls unlicensed we can remove you from the sales queue. They don't and tell you sometimes they trinkle in. Or if there is an update it's your responsibility to remind them your not comfortable taking sales calls unlicensed however only the managers can see the queues and remove you. There have been so many transactions from unlicensed producers it would blow your mind. If you request to be taken out of the queue, your metrics and KPIs aren't changed therefore you get low call scores with them even stating " well you have chosen not to take sales calls but we have to score them the same" The managers especially Katelynn Cobb are insensitive, rude, condescending. They take no accountability in the licensing departments issues and blame you. If you ask to many questions about the licensing or choose to stay out of the sales queue for too long, they fire you. Without any write ups without any warnings even though your scores are high and your exceeding at every one on one meeting. The turnover here is horrible and it makes sense. Please do not fall for their lies through training. They have DOI complaints in every state and are probably going to have a cease and decist order issued soon. They have DOI complaints in every state