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Discussion Starter · #1 ·
We dont have any life insurance. We are 35 & 38 with seven kids between us.<br><br>
I have Barrett's Esophagus which is basically erosion of the esphogus that is precancerous condition caused by chronic heartburn/GERD. I'm not in the age or sex demographic that usually gets this, but I have it.<br>
I've not had any followup endoscopies in two years (which is bad in this situation) but have a feeling that when I do (which I need to do asap), the news is not going to be good.<br><br>
I am having that "lump" feeling in my throat, sometimes trouble swallowing and nearly choked to death while trying to swallow a vitamin a few weeks ago. All symptoms that it has advanced into a more serious situation.<br><br>
Esphogeal cancer has HORRIBLE survival rates - like 5%, basically only treatment is to remove the esphogus IF caught before the cancer spread to lymph nodes. Chemo & radiation dont help much.<br><br>
So, heres my dilemma. Knowing that I need an endoscopy ASAP, and knowing that if diagnosed with cancer I would not be able to get life insurance, I'm looking to get a policy asap.<br>
But, I'm battling the morals of this......technically I would of course have to disclose that I have B. Esphogus, but I wouldnt have to disclose that I think its led to a much more serious condition. But would that be insurance fraud?<br><br>
Like would I get into trouble for taking out a policy and then a month later having a potentially bad medical diagnosis?<br><br>
In the other hand, my dh would be pretty much 100% overwhelmed and non-functional if I died and would need a lot of $$ to hire people to care for the kids properly. He's battling alcoholism right now and if I was gone I truly shudder to think of what the kids upbringing would be like, we have no family in the state and no support system. So $ from a life insurance policy would definately take some of the burden off and help with the kids.<br><br>
Whew....this is heavy stuff thinking about it all.....I'm praying that maybe the things wrong with my throat are maybe an enlarged thyroid or something, but I've got a nasty feeling that I just cant shake....<br><br>
Anyhow, I need to know if I could take out a life insurance policy with a clear mind and not fear it wouldnt be paid out or me getting into trouble for insurance fraud. And I need to act ASAP.<br><br>
What do you think?
 

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You can take out more than one life insurance policy, you know...<br><br>
As long as you answer their questions truthfully you are not committing fraud.<br><br>
LOTS of orgs offer life insurance. AAA, credit unions, alumni associations come to mind as places I've received things from this MONTH alone.<br><br>
I would get the insurance pronto and then go for the tests. Like I said as long as you answer the questions truthfully you are not committing fraud.<br><br><img alt="" class="inlineimg" src="http://www.mothering.com/discussions/images/smilies/hug.gif" style="border:0px solid;" title="hug">
 

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We are currently going through this process.<br><br>
I just went through the interview for life insurance underwriting. They will want to know about your condition (they ask about a ton of them) and they will ask if you have been recommended to have any tests that you have not had (They asked these questions of me) - so I'm guessing that will be a red flag on you. HOWEVER, they may still underwrite you, just charge you a much higher fee for doing so, it also may depend on the size of the policy.<br><br>
Also, my understanding is the insurance company will obtain medical records from all your doctors and how quickly the doctors respond can make a big difference in how fast it is underwritten - it could take weeks or months. Which you probably do not want to wait.<br><br>
I don't know about how it works if you take out a policy and then find a lump "the next day". If you don't lie about any of their questions you shouldn't worry about fraud, but they will probably ask a question that you would have to lie in order to hide the fact that you suspect you have a problem. The policies we are taking are very large, the process maybe slightly different for a smaller one, I don't know.<br><br>
I hope everything works out okay. <img alt="" class="inlineimg" src="http://www.mothering.com/discussions/images/smilies/hug.gif" style="border:0px solid;" title="hug">
 

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Discussion Starter · #4 ·
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<div>Originally Posted by <strong>PajamaMama</strong> <a href="/community/forum/post/6484605"><img alt="View Post" class="inlineimg" src="/community/img/forum/go_quote.gif" style="border:0px solid;"></a></div>
<div style="font-style:italic;">You can take out more than one life insurance policy, you know...<br><br>
As long as you answer their questions truthfully you are not committing fraud.<br><br>
LOTS of orgs offer life insurance. AAA, credit unions, alumni associations come to mind as places I've received things from this MONTH alone.<br><br>
I would get the insurance pronto and then go for the tests. Like I said as long as you answer the questions truthfully you are not committing fraud.<br><br><img alt="" class="inlineimg" src="http://www.mothering.com/discussions/images/smilies/hug.gif" style="border:0px solid;" title="hug"></div>
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Thanks for the response.<br>
I'm not sure I understand what you mean by saying "you can take out more than one life insurance policy, you know...."<br><br>
Is that something I should consider? What would the benefits be? Sorry, i'm new to all of this.
 

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Discussion Starter · #5 ·
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<div>Originally Posted by <strong>mightymoo</strong> <a href="/community/forum/post/6484676"><img alt="View Post" class="inlineimg" src="/community/img/forum/go_quote.gif" style="border:0px solid;"></a></div>
<div style="font-style:italic;">We are currently going through this process.<br><br>
I just went through the interview for life insurance underwriting. They will want to know about your condition (they ask about a ton of them) and they will ask if you have been recommended to have any tests that you have not had (They asked these questions of me) - so I'm guessing that will be a red flag on you. HOWEVER, they may still underwrite you, just charge you a much higher fee for doing so, it also may depend on the size of the policy.<br><br>
Also, my understanding is the insurance company will obtain medical records from all your doctors and how quickly the doctors respond can make a big difference in how fast it is underwritten - it could take weeks or months. Which you probably do not want to wait.<br><br>
I don't know about how it works if you take out a policy and then find a lump "the next day". If you don't lie about any of their questions you shouldn't worry about fraud, but they will probably ask a question that you would have to lie in order to hide the fact that you suspect you have a problem. The policies we are taking are very large, the process maybe slightly different for a smaller one, I don't know.<br><br>
I hope everything works out okay. <img alt="" class="inlineimg" src="http://www.mothering.com/discussions/images/smilies/hug.gif" style="border:0px solid;" title="hug"></div>
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Thanks, I'm thinking at least 250,000 however 500,000 would make me feel so much better!<br><br>
No, months I do not have to wait......
 

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I suggested multiple policies with different agencies because often the offers I receive want different levels of 'good health' for different amounts of coverage. For instance you might be able to get a 100K policy no questions asked where you would need a detailed physical workup to get a 500K policy.<br><br><img alt="" class="inlineimg" src="http://www.mothering.com/discussions/images/smilies/hug.gif" style="border:0px solid;" title="hug"> What a crappy situation to be in! I hope that this all turns out to be less than you fear.
 

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Discussion Starter · #7 ·
<div style="margin:20px;margin-top:5px;">
<div class="smallfont" style="margin-bottom:2px;">Quote:</div>
<table border="0" cellpadding="6" cellspacing="0" width="99%"><tr><td class="alt2" style="border:1px inset;">
<div>Originally Posted by <strong>PajamaMama</strong> <a href="/community/forum/post/6485062"><img alt="View Post" class="inlineimg" src="/community/img/forum/go_quote.gif" style="border:0px solid;"></a></div>
<div style="font-style:italic;">I suggested multiple policies with different agencies because often the offers I receive want different levels of 'good health' for different amounts of coverage. For instance you might be able to get a 100K policy no questions asked where you would need a detailed physical workup to get a 500K policy.<br><br><img alt="" class="inlineimg" src="http://www.mothering.com/discussions/images/smilies/hug.gif" style="border:0px solid;" title="hug"> What a crappy situation to be in! I hope that this all turns out to be less than you fear.</div>
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<br>
Ahhh....okay, I understand, thanks!!!
 

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<div style="margin:20px;margin-top:5px;">
<div class="smallfont" style="margin-bottom:2px;">Quote:</div>
<table border="0" cellpadding="6" cellspacing="0" width="99%"><tr><td class="alt2" style="border:1px inset;">
<div>Originally Posted by <strong>KentuckyDoulaMama</strong> <a href="/community/forum/post/6484501"><img alt="View Post" class="inlineimg" src="/community/img/forum/go_quote.gif" style="border:0px solid;"></a></div>
<div style="font-style:italic;">So, heres my dilemma. Knowing that I need an endoscopy ASAP, and knowing that if diagnosed with cancer I would not be able to get life insurance, I'm looking to get a policy asap.<br>
But, I'm battling the morals of this......technically I would of course have to disclose that I have B. Esphogus, but I wouldnt have to disclose that I think its led to a much more serious condition. But would that be insurance fraud?<br><br>
Like would I get into trouble for taking out a policy and then a month later having a potentially bad medical diagnosis?</div>
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I am so sorry you are going through this, mama. I know this must be weighing heavily on your mind. The bottom line is that you know your condition... whether the fraud is on the radar of the official courts, or just a fraud of your own moral conscience, it's up to you to do the right thing.<br><br>
Personally, if I know I have this, and I get a life insurance policy without disclosing it (they always have a catch-all "are there any conditions that you know you have that are not covered in this questionnaire"), I would have to come to terms of simplying lying on it. No matter what the courts say, I've lied. Sorry to be harsh, but you have to weigh your own moral conscience, and that would be mine. Hugs to you mama, in these hard times. <img alt="" class="inlineimg" src="http://www.mothering.com/discussions/images/smilies/hug.gif" style="border:0px solid;" title="hug">
 

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I recall a thread on <a href="http://www.fatwallet.com" target="_blank">http://www.fatwallet.com</a> on their finance boards about banks and credit cards that offer free insurance policies. Maybe you could get a lot of little ones?
 

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<div style="margin:20px;margin-top:5px;">
<div class="smallfont" style="margin-bottom:2px;">Quote:</div>
<table border="0" cellpadding="6" cellspacing="0" width="99%"><tr><td class="alt2" style="border:1px inset;">
<div>Originally Posted by <strong>KentuckyDoulaMama</strong> <a href="/community/forum/post/6484714"><img alt="View Post" class="inlineimg" src="/community/img/forum/go_quote.gif" style="border:0px solid;"></a></div>
<div style="font-style:italic;">Thanks, I'm thinking at least 250,000 however 500,000 would make me feel so much better!<br><br>
No, months I do not have to wait......</div>
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The policy we are applying for is over a million so they may or may not be as strict about what they want to know - our CFP seemed to imply there was a difference between a policy above $1M versus below.
 

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Discussion Starter · #11 ·
<div style="margin:20px;margin-top:5px;">
<div class="smallfont" style="margin-bottom:2px;">Quote:</div>
<table border="0" cellpadding="6" cellspacing="0" width="99%"><tr><td class="alt2" style="border:1px inset;">
<div>Originally Posted by <strong>velochic</strong> <a href="/community/forum/post/6485254"><img alt="View Post" class="inlineimg" src="/community/img/forum/go_quote.gif" style="border:0px solid;"></a></div>
<div style="font-style:italic;">I am so sorry you are going through this, mama. I know this must be weighing heavily on your mind. The bottom line is that you know your condition... whether the fraud is on the radar of the official courts, or just a fraud of your own moral conscience, it's up to you to do the right thing.<br><br>
Personally, if I know I have this, and I get a life insurance policy without disclosing it (they always have a catch-all "are there any conditions that you know you have that are not covered in this questionnaire"), I would have to come to terms of simplying lying on it. No matter what the courts say, I've lied. Sorry to be harsh, but you have to weigh your own moral conscience, and that would be mine. Hugs to you mama, in these hard times. <img alt="" class="inlineimg" src="http://www.mothering.com/discussions/images/smilies/hug.gif" style="border:0px solid;" title="hug"></div>
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<br>
See, the issue is that I DONT know, I suspect. In all truth it could be thyroid issues, it could be sinus issues, it could be postnasal drip stuff afte recovering from a cold.<br>
I would definately disclose what I do know...the Barretts Esophogus, but why would I say I have esophogeal cancer when I dont know if I do?<br>
I could just be very paranoid, and theres a perfectly simple explanation to my throat probs that just happen to be some of the same symptoms of the cancer.<br><br>
Anyhow, thats the dilemma. I know I have barretts esophogus and would certainly disclose that but I dont know that I have cancer.....
 

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<div style="margin:20px;margin-top:5px;">
<div class="smallfont" style="margin-bottom:2px;">Quote:</div>
<table border="0" cellpadding="6" cellspacing="0" width="99%"><tr><td class="alt2" style="border:1px inset;">
<div>Originally Posted by <strong>KentuckyDoulaMama</strong> <a href="/community/forum/post/6485851"><img alt="View Post" class="inlineimg" src="/community/img/forum/go_quote.gif" style="border:0px solid;"></a></div>
<div style="font-style:italic;">See, the issue is that I DONT know, I suspect. In all truth it could be thyroid issues, it could be sinus issues, it could be postnasal drip stuff afte recovering from a cold.<br>
I would definately disclose what I do know...the Barretts Esophogus, but why would I say I have esophogeal cancer when I dont know if I do?<br>
I just be very paranoid, and theres a perfectly simple explanation to my throat probs that just happen to be some of the same symptoms of cancer.<br><br>
Anyhow, thats the dilemma. I know I have barretts esophogus and would certainly disclose that but I dont know that I have cancer.....</div>
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There you go, then. If you disclose what you know, and you have nothing else to tell them then there is no moral dilemma. You can't tell them something you don't know. I'd just check to make sure there is not a clause in the policy that says if you find out in "X" amount of time about a disease that it voids the policy.
 

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OT from your insurance though it may play a role later<br><br>
when you get to the point of choking like that they often need to do a throat dilation.<br>
I had this earlier this year and probably will again before the new ins year kicks in<br>
The scar tissue off the acid backup tends to build up making it 'close"<br><br>
Hth some..
 

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Discussion Starter · #14 ·
<div style="margin:20px;margin-top:5px;">
<div class="smallfont" style="margin-bottom:2px;">Quote:</div>
<table border="0" cellpadding="6" cellspacing="0" width="99%"><tr><td class="alt2" style="border:1px inset;">
<div>Originally Posted by <strong>CerridwenLorelei</strong> <a href="/community/forum/post/6486364"><img alt="View Post" class="inlineimg" src="/community/img/forum/go_quote.gif" style="border:0px solid;"></a></div>
<div style="font-style:italic;">OT from your insurance though it may play a role later<br><br>
when you get to the point of choking like that they often need to do a throat dilation.<br>
I had this earlier this year and probably will again before the new ins year kicks in<br>
The scar tissue off the acid backup tends to build up making it 'close"<br><br>
Hth some..</div>
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Really? I hadn't heard that before. Thanks for the info!
 

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When my husband went through this, there was about 60 days wait between applying and getting the policy in force. Over a certain amount, they send someone out to do a blood draw, and there is some wait to get the results. They are also going to request copies of medical records (through your doc).<br><br>
Depending on where your DH works, there may be a spousal life insurance policy available (enrollment for next year should be right about now) or you may be able to get this from your school. I assume you are looking at term life insurance? Probably 10-20 year term insurance.<br><br>
Very best wishes, sleeplessMommy
 

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Discussion Starter · #16 ·
<div style="margin:20px;margin-top:5px;">
<div class="smallfont" style="margin-bottom:2px;">Quote:</div>
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<div>Originally Posted by <strong>SleeplessMommy</strong> <a href="/community/forum/post/6486725"><img alt="View Post" class="inlineimg" src="/community/img/forum/go_quote.gif" style="border:0px solid;"></a></div>
<div style="font-style:italic;">When my husband went through this, there was about 60 days wait between applying and getting the policy in force. Over a certain amount, they send someone out to do a blood draw, and there is some wait to get the results. They are also going to request copies of medical records (through your doc).<br><br><span style="color:#000080;">60 days...grrr....dont want to wait that long. I know they'll request records from the docs and stuff which is fine.</span><br>
Depending on where your DH works, there may be a spousal life insurance policy available (enrollment for next year should be right about now) or you may be able to get this from your school. I assume you are looking at term life insurance? Probably 10-20 year term insurance.<br><br><span style="color:#000080;">I dont think his employer offers spousal life, dont think they even offer life for him, just disability insurance. Sounds sad to be so clueless about all of this, I know. I'll call there tomorrow and ask. I'll call my school too.</span><br>
Very best wishes, sleeplessMommy</div>
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good ideas, thanks.
 

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Discussion Starter · #17 ·
so, do you all think just a little policy like 100,000 would be okay? I guess its not much but $100,000 is $100,000 - nothing to balk at, ya know?<br><br>
Can you increase it if you ever want to?<br><br>
Thanks for all the help everyone.
 

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I did a Google search on life insurance no medical exam and it got a lot of results. I don't know how legitimate they all are, but you might want to do the same search and see what the companies have to say. I only went to one of the links to look at it in any detail, and the policies for a 30 year old were up to $150,000. You still have to answer medical questions for them, though, just no exam or waiting for them to talk to doctors.
 

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No advice except to say that you need to do whatever you can to protect your children.<br><br>
Many, many <img alt="" class="inlineimg" src="http://www.mothering.com/discussions/images/smilies/hug.gif" style="border:0px solid;" title="hug"> s to you.
 
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