Huntington’s Disease is a genetic condition which affects the nerve cells in a person’s brain. If you or a family member have been diagnosed with Huntington’s Disease, you can still obtain life insurance. Will it be the best life insurance for you? Likely not. You may be eligible for burial insurance, which is a type of life insurance. It is not perfect, but it is life insurance. Moreover, you will likely qualify for burial insurance even if you have Huntington’s Disease. In this article, we discuss burial insurance for people with Huntington’s Disease as well as other life insurance options.[Read more…]
Medicaid and life insurance. These aren’t like peas and carrots. More like oil and water! You may have heard different information about Medicaid eligibility and life insurance. In this article, we dispel the inaccuracies and tell you what you need to know about how Medicaid works with life insurance. More specifically, how Medicaid eligibility for nursing home affects life insurance you own. The quick answer: it really depends. Read on to learn how Medicaid and life insurance interact with one another. We will also answer how Medicaid, nursing homes, and life insurance all play a part. Finally, we give you options for your life insurance policy if faced with a Medicaid spend down situation.
But first, we discuss Medicaid basics and eligibility. This is important so you can see how life insurance ownership affects your Medicaid eligibility.
We can’t stress enough the importance of life insurance. (And, no, we aren’t that type of life insurance agent as displayed in the movie, Groundhog Day). But, we have seen what happens when people and families go without it. Unfortunately, many people just can’t obtain life insurance. They either have a severe lifestyle situation or a health condition that carriers deem too risky to insure, or insure affordably. Conversely, they are healthy, but they don’t want to go through the hassle of underwriting. In this article, we discuss a few options if you can’t obtain life insurance or if you just want a simple process, including affordable guaranteed issue life insurance.
You can’t get life insurance for people with down syndrome, right? That is a common misconception. If you are reading this article, then you have come to the right spot. Children, young adults, and older adults with down syndrome can obtain life insurance. Yes, they can. Is it perfect life insurance? No, probably not. We will discuss more about that in a minute. However, it is life insurance coverage. In this article, we discuss some life insurance basics and life insurance for people with down syndrome.