ALCOHOL TREATMENT LIFE INSURANCE
Alcohol Treatment Life Insurance
If you’re reading this I don’t need to go on about the social and health and life dangers of excessive drinking. You’ve already sought treatment and want to know, as part of putting your life on track, how to get life insurance for your family or your business.
Without any complicating factors such as multiple DUI’s or abuse of other drugs, life insurance underwriting, at best, will call for a minimum two year postpone from the end of treatment before they will offer an approval. The approval at that time could be as good as a standard rate or could be rated significantly higher than standard.
The swing factors on the above are the severity of the excess, severity of associated complications, evidence of alcohol dependence and/or withdrawal, legal problems related to alcohol, abuse of other drugs, number of relapses and current participation in a support group such as AA.
The good news is that once approved for life insurance, with each year of sobriety you are working your way toward better rates. Look at the approval as a starting place. Even if it is a highly rated policy and you can’t afford as much as you would like, accept it and stay focused on your change in lifestyle. Eventually you can work your way to rate that will allow you to carry enough life insurance to cover all of your needs.
Let me help you present your story to underwriters that will get you the life insurance you need, affordably.
More Questions? Check Out Our Blog!
The Hinerman Group knows that every situation is unique and it can be difficult finding the best answers. Be sure to check out our blog where you will find a comprehensive bank of topics covered regarding Life Insurance. The background covered in The Hinerman Group blog will point you in the right direction and help you get your family the coverage you need.
Want to talk? Call Ed directly at (719) 539-7914 for a FREE CONSULTATION. *Ed released the fish and it went on to have a full life. Occasionally Ed receives postcards from new waters and pictures of grandfish.