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Searching: insurance denials
Results: 26
Message Board
Views: 460 | Replies: 4
I am 40 years old. Pretty Healthy , Blood work comes normal last month. I had Term Life insurance for 1 mil paying $211/month and disability insurance $4000/month paying $124/month through Guardian. Is this sounds good? Can anyone suggest independent broker whom I can consult and get better quotes
September 17, 2020
Life Insurance
Message Board
Views: 75 | Replies: 0
Does anyone know about any business interruption policies that you can purchase in addition to your standard property insurance for your practice? Im concerned about hurricanes and my policy doesnt offer any business interruption insurance over 5k, which is a joke. For example, if the electric goes out for 2 weeks, how do I cover overhead? thanks!
May 22, 2022
Life Insurance
Message Board
Views: 46 | Replies: 0
Hello, I received insurance quotes for my startup for Life, Business Owners Policy (BOP), Lessors Risk Only (LRO), and Builders Risk Policy. Anyone know if these numbers are within reasonable range? Again, any input would be greatly appreciated. Thank you so much! Life insurance for $1mil term policy: $358 BOP annual premium: $1033 LRO annual premium: $1351 Builders Risk annual premium: $576 (this would less b/c won't be for the whole year)
June 16, 2021
Life Insurance
Message Board
Views: 227 | Replies: 8
anyone out there had any experience with a product called Equity indexed life insurance? The company rep is with Amerus Life insurance company although other companies offer a similar product. The positive part of the policy is that its cash value always grows because it is tied to the S and P
March 07, 2014
Life Insurance
Message Board
Views: 384 | Replies: 15
I am finding out that one needs a life insurance to take out loan to buy a practice. I currently have 20 years term 1 million life. Is this enough? Thank you Would likely depend on how much loan you need. Banks always wanna cover their ass! they will want that policy to state they are the primary
November 10, 2022
Life Insurance
Message Board
Views: 419 | Replies: 14
I am looking into starting a practice and my ins agent is saying i need life insurance to get bank loan. He recommended $1mil coverage and filled out application for me. But i don't really understand what the application is saying. He applied for $250k whole life and $750k for level term 20
November 04, 2019
Life Insurance
Message Board
Views: 290 | Replies: 19
I was wondering what you all thought about second to die life insurance. My wife and I (39 and 42 years old) are evaluating whether or not to purchase a policy that would cost $1900 per month for 18 years. The benefit would be $4,000,000 tax free to our 3 sons(9,9,7 years old) after we both die
March 23, 2018
Life Insurance
Message Board
Views: 240 | Replies: 4
What's your thoughts? No debt for me. 47 years old. Why pay the premiums? In case of cancer or such? The only reason to have life insurance is in case of your untimely death there will be enough to provide for those left behind to take care of them. If at 47 you have no debt and you have
April 12, 2015
Life Insurance
Message Board
Views: 397 | Replies: 10
I have had term life insurance for a while but I need to do some revamping of our policies. My wife and I are in our 40's and are looking at term policies with long-term care. However, we are wondering if we should consider whole insurance in addition to or instead of term. But I honestly do
February 13, 2022
Life Insurance
Message Board
Views: 455 | Replies: 20
Looking for general guidelines for life insurance for my situation: 36 yo Married 2 girls, 6yo and 10yo Solo practice owner with about $350k of practice debt (I've heard the creditors can only come after monies from the practice) $400k owed on primary residence worth $475k. Wish to keep house
August 30, 2017
Life Insurance
Message Board
Views: 357 | Replies: 10
Im trying to buy into a practice and need life insurance to secure the business loan. I have a complex health history and from what I read online, people with my condition are often denied life insurance, even though my condition does not affect my life expectancy. Any recommendations on where/how
August 20, 2019
Life Insurance
Message Board
Views: 229 | Replies: 10
appreciated. The 100K was a good starter policy but whole life is generally not a good deal. If you need more insurance anyway, cancel the policy and get a good term policy. Your age will determine what type of term policy to get, ie, 20 year level, 10 year level term,etc. Just remember what life
March 07, 2014
Life Insurance
Message Board
Views: 1982 | Replies: 59
My insurance agent has been pushing whole life insurance. I'm 33, single, no kids and have a term life insurance for $200K. I do plan to have a family in future and my agent has been pushing whole life insurance with $250K incremental increase option up to $1.25 m. At this point in my life I
February 19, 2013
Life Insurance
Message Board
Views: 114 | Replies: 2
Up until 2000, Walmart took out life insurance policies on their employees and kept the payouts when they died, a practice known a 'dead peasant insurance'. If you saw Michael Moore's documentary Capitalism: A Love Story, you may have been surprised to learn about a common practice among large
April 24, 2020
Life Insurance
Message Board
Views: 980 | Replies: 12
Hi townies, I am starting Fixturing Period for a new clinic in a leased space soon. Just wondering what kind of insurances I would need to get. Bank requires life insurance before they release money to me. What else do I need during construction? And after?What should look
November 17, 2018
Life Insurance
Message Board
Views: 125 | Replies: 15
I already purchased pre-paid state college plans for my kids and have been contributing to a 529 as well. This year I'm considering starting a Roth instead of continuing 529. My advisor is recommending a Life Insurance with Living Benefits instead of Roth or 529. Anyone familiar with this product
April 13, 2017
Life Insurance
Message Board
Views: 191 | Replies: 6
forever I think I've finally found an opportunity that I'm excited about and has a lot of potential, but there's a problem : In 2008 I was applying for life insurance with my wife and the insurance company noticed I had a history of a heart murmur. They requested an echocardiogram, which I had a week
August 20, 2019
Life Insurance
Message Board
Views: 1982 | Replies: 59
I have life insurance. I wanted it for tax deferment benefits. I asked my adviser again today and this is what he told me: Life insurance a bad idea? Without seeing the article, it’s had to comment on it. Personally, I like it as an investment. If you remember (and I’m going to run
December 16, 2014
Life Insurance
Message Board
Views: 982 | Replies: 39
to even ask intelligent questions. My gut says that this is way too much to be forking over year after year, when I could use that to pay down my loans, or invest in other ways. Any input from experienced docs would be appreciated. Thanks. Why do you need life insurance? Invest the 50K and forget life
June 30, 2018
Life Insurance
Message Board
Views: 799 | Replies: 22
My 20 year $1.5 mil is with massmutual. I pay $70 a month. It's a lot and I am thinking about switching. I am 32. Anybody here think $70 is reasonable ? Here are some quotes I just received for life insurance. I'm actually wondering the same thing, if company matters, there's not much
November 15, 2020
Life Insurance
Message Board
Views: 444 | Replies: 9
: what length of a policy term would you recommend at this point? how much insurance to carry? any company recommendations? We have $190k principal on our mortgage(home worth ~345k), 490k in retirement(very late start) and approx. gross income of $275k(me ~240k and wife 35k/yr.) We have two children
April 02, 2017
Life Insurance
Message Board
Views: 432 | Replies: 13
policy, that money would grow tax-deferred throughout your life and be just as accessible as leverage in a negotiable situation. But even better is the fact that your cash value will grow uninterrupted as collateral while you are borrowing the money tax-free from the insurance company to use
June 01, 2014
Life Insurance
Message Board
Views: 332 | Replies: 7
in being part of the ADA so I am not sure if I want to pay a lot of money per year to qualify for the ADA insurance What companies are good ones for Term Life? Should I be looking at Whole Life? You will get mixed opinions here, but the overall consensus is a no on whole life. $70 a month means $840
April 27, 2014
Life Insurance
Message Board
Views: 320 | Replies: 9
the smaller policy and save the $1300 a yr I know, not a very sexy thread I dont see the term life policy amount listed. Term policy $1560 a yr for $750k till age 76 Doesnt your answer depend on your insurance needs for your family and business? It is hard for anyone here to give you information
April 29, 2020
Life Insurance
Message Board
Views: 223 | Replies: 7
HiDoes anyone have ADA Term Life ins with Great West? Looking for info pros and cons.(I searched and the only threads on the topic talk about ADA disability/life ins. I DO NOT need disability insurance, I have that already separately) Ive had term life with them for the past ten years. Its cheap
June 24, 2021
Life Insurance
Message Board
Views: 109 | Replies: 2
my accountant do it. I felt like you a few years back. Didn't get anywhere, and I still have the The Hartford, but at least I just pay the invoices and don't have to deal with them or their horrible website. BTW, it is in your best interest (aka legal requirement) to carry worker's comp insurance. Mark
January 22, 2018
Life Insurance
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