By Ed Hinerman on March 13, 2012
Declined life insurance applications. It’s where most of my customers come from. I do have a pretty fair block of business with private pilots and a growing business with Lloyds of London in high risk and high limit insurance policies such as coverage for contract workers in war zones and people that climb mountains. But ...read more
Posted in decline, diabetes, impaired risk life insurance, insurance, insurance quotes, life insurance, no exam, private pilots | Tagged agent doesn't ask questions about impairment, archaic underwriting, bipolar disorder, captive agents, declined life insurance application, diabetes, former car salesmen, heart attack, high limit insurance, high risk insurance, impaired risk life insurance, independent agents, insurance, life insurance, no exam nonsense, no health questions nonsense, pre approved to be declined, quote from an underwriter, relevant to mortality, Selectquote, wrong life insurance agent, wrong life insurance company, Zander |
By Ed Hinerman on February 28, 2012
I got an email from a life insurance agent today asking me if I could recommend a guaranteed issue life insurance company in Massachusetts. He indicated that he had run into several clients that were uninsurable and wanted to find the best company to write graded benefit guaranteed issue life through. I know I’ve talked ...read more
Posted in Alcohol Treatment Life Insurance, decline, diabetes, Drug Treatment Life Insurance, insurance, life insurance, prostate cancer | Tagged alcohol abuse treatment, angioplasty, basal cell carcinoma syndrome, cardiac bypass surgery, complant treatment, Drug Treatment Life Insurance, easily approved, gastric bypass surgery, guaranteed issue life insurance, insurance, life insurance, life insurance agent, life insurance approval, life insurance decline, melanoma, moles with dysplastic nevi, prescription drug abuse treatment, prostate cancer watchful waiting, prudentt treeatment, Type 1 diabetes, Type 2 diabetes, underwriting guidelines, well controlled |
By Ed Hinerman on December 16, 2011
On the subject of fair life insurance underwriting I can certainly be found on both sides of he fence. Sometimes I think the underwriting consideration is completely fair, something that based on the information is something the client is just going to have to accept. Then there are days like today. I have a client ...read more
Posted in A1c, cholesterol, Depression, diabetes, insurance, life insurance | Tagged A1c of 6.1, diabetes, fair life insurance underwriting, high blood pressure, high lipids, insurance, life insurance, never diabetic, no family history of diabetes, pre diabetic, preferred plus, situational depression, wrestling with weight issues, written appeal to underwriter |
By Ed Hinerman on December 15, 2011
Declined anything is a personal hit kind of feeling. I remember once being declined for a credit card. I think I may be the only guy in the country that has ever been declined for a credit card. It kind of hurt my feelings. They offered it and then they declined it. What’s with that? ...read more
Posted in bipolar, bipolar disorder, decline, diabetes, epilepsy, heart disease, insurance, life insurance | Tagged approve, approve and issue policies, bipolar, bipolar disorder, CEO's, declined, declined for life insurance, diabetes, doctor lying to me?, epilepsy, heart disease, homemakers, insurance, life insurance, my imminent death, never a manic episode, never a sucidial thouht, not comfortable with risk, pathetic underwriting, pay out a death benefit, standard or better rates |
By Ed Hinerman on December 13, 2011
I got an email from some clients a few days ago. In spite of their best efforts their small business had fallen off so badly a few years ago that the husband made the decision to let the life insurance they had in force lapse. I’ve been staying in touch waiting for things to turn ...read more
Posted in A1c, budget, diabetes, insurance, life insurance | Tagged A1c, approved coverage, diabetic, die at inopportune times, die prematurely, die unexpectedly, get to the next rate class, insurance, lapse, life insurance, life style changes, put it in force, room in the budget, weight fluctuate, without life insurance |
By Ed Hinerman on December 9, 2011
I’ve been writing long enough that I am bound to be a little redundiferous at times, but I don’t think it can be said too many times. If you use the wrong agent to buy life insurance, who picks the wrong company for your situation, you will not enjoy a good outcome. Part of that ...read more
Posted in A1c, diabetes, foreign nationals, Infinite banking, insurance, life insurance, prostate cancer, Sleep apnea | Tagged Be your own banker concept, financial strength, foreign nationals, great whole life products, impaired risk underwriing, insurance, Juvenile life insurance, Lafayette Life, life insurance, mild situational depression, prostate cancer, tremendous whole life product, Type 1 diabetes, type 2 diabetic |
By Ed Hinerman on December 1, 2011
There is probably no one more prevalent issue that affects life insurance underwriting more than weight. With 30+% of our country meeting the criteria for being obese, face it, every application we get has a 1 in 3 chance of build and BMI being an underwriting issue. We’ve had help recently on the lower end ...read more
Posted in Biggest Loser, diabetes, heart disease, insurance, life insurance, obesity | Tagged American General, Biggest Loser, BMI, Genworth, great rates, insurance, life insurance, morbidly obese, obese, overweight, preferred plus, reworked standard build chart, weight |
By Ed Hinerman on November 21, 2011
Before you dig too deep into this post let me clarify that I am not talking about juveniles with juvenile onset type 1 diabetes. I still don’t know anyone that will cover them and I am still actively lobbying companies to be the one to step out of the dark ages and be that company. ...read more
Posted in diabetes, insurance, life insurance, Type 1 diabetes, Type 2 diabetes | Tagged A1c, adult onset type 1, adults with juvenile onset type 1, impaired kidney function, impaired risk, insulin pump, insurance, juvenile onset type 1 diabetes, life insurance, no diabetes related health issues, Type 1 diabetes, Type 2 diabetes |
By Ed Hinerman on October 4, 2011
When I think of what I would want from the American Diabetes Association as a person with diabetes, I’m left wondering if they are anywhere near the advocacy group they claim they are. I go to their website and the first and most prevalent topic I find is how to donate money or how to ...read more
Posted in American Diabetes Association, diabetes, insurance, life insurance | Tagged ADA, affordable, American Diabetes Association, approved for life insurance, diabetes, diabetes life insurance, insurance, life insurance, Type 1 diabetes, Type 2 diabetes |
By Ed Hinerman on May 17, 2011
I get fairly regular questions about the impact of gestational diabetes on life insurance rates. There is no doubt that, like just about any health issue you want to pick, life insurance companies are all over the map with how they treat it. The reason for gestational diabetes life insurance underwriting concern are studies that, ...read more
Posted in diabetes, insurance, life insurance | Tagged diabetes, family history, gestational diabetes, gestational diabetes life insurance, insurance, life insurance, life style, preferred rates, risk factors, standard rate approval, Type 2 diabetes |
