About 6 million people here in the United States live with bipolar disorder or manic depression. If you have bipolar disorder, you probably think that you can’t obtain burial insurance. That is simply not true. Sure, there might be life insurance carriers that decline you, but there others that won’t. You just need to know where to look. In this article, we discuss affordable burial insurance for people with bipolar disorder. We first discuss burial insurance underwriting, how it is different than traditional underwriting, and then discuss your options for burial insurance if you have bipolar disorder.
Chronic Obstructive Pulmonary Disease, also known as “COPD”. If you have COPD, you probably think that you can’t obtain burial insurance. That is simply not true. Sure, there might be life insurance carriers that decline you, but there others that won’t. You just need to know where to look. In this article, we discuss affordable burial insurance for people with COPD. We first discuss burial insurance underwriting and then discuss your options for burial insurance if you have COPD.
We aren’t talking about kitchen tables. In your search for affordable life insurance, you may have heard of the terms “life insurance tables” or “table rating”. Or, you may have applied for life insurance, only to find out you are offered a “table rating”. You probably have no idea what this means. In this article, we discuss life insurance underwriting and the importance of understanding life insurance tables (hint: money!). Knowing the difference and knowing how the life insurance tables work can save you thousands over your lifetime.
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.