Guest guest Posted November 11, 2008 Report Share Posted November 11, 2008 I would be upset as well. Now is a great time to reevaluate whom you purchase life insurance from anyway. You want to ensure that company is stable and will stick around. I was curious as to why you need insurance on a child. Typically life insurance is only needed to replace income to ensure stability for dependents. If you do not depend on your child's income, then life insurance is not needed. Some life insurance is sold as an investment vehicle called Whole Life, Universal Life, or Variable Life policies. I've read that this is a terrible financial product to invest in. In "The Total Money Makeover" by Dave Ramesy, the returns on these investment average 2.6%, 4.2%, and 7.4% respectively. The first few years also go to pay commissions only. You could invest in a good growth mutual fund that averages 12% over 20 yrs instead. If you need to save for college, there are other options available such as 529's and educational IRAs. Just wanted to share this information. orley@...> wrote: Subject: InsuranceTo: autism-georgia Date: Tuesday, November 11, 2008, 2:45 PM Hello all,We applied for life insurance for our son Logan who is 6 and has asperger syndrome. He was denied insurance and they sent my premium back. Their letter didn't say why, but that I had to write the home office for an explanation. Instead, I emailed the agent who contacted home office and here is his reply:I have contacted our underwriting department and they are looking at Logan's autism history more as a postponement than a permanent declination. Children with autism can reapply at age 18 if they are functioning adults. Hopefully, this information will help!Thank you,Alan My question is: Can they do this? There should be absolutely no reason for them to deny him life insurance. His life expectancy is no shorter than children not on the spectrum. I am outraged and we are considering taking all of our policies from them- we have a significant amount of insurance with this company. Any advice would be greatly appreciated.Thanks!Anne Marie Quote Link to comment Share on other sites More sharing options...
Guest guest Posted November 11, 2008 Report Share Posted November 11, 2008 We were denied due to aspergers too for our 11 year old who functions pretty darn normal. I am not sure what to do about it yet. Subject: InsuranceTo: autism-georgia Date: Tuesday, November 11, 2008, 5:45 PM Hello all,We applied for life insurance for our son Logan who is 6 and has asperger syndrome. He was denied insurance and they sent my premium back. Their letter didn't say why, but that I had to write the home office for an explanation. Instead, I emailed the agent who contacted home office and here is his reply:I have contacted our underwriting department and they are looking at Logan's autism history more as a postponement than a permanent declination. Children with autism can reapply at age 18 if they are functioning adults. Hopefully, this information will help!Thank you,Alan My question is: Can they do this? There should be absolutely no reason for them to deny him life insurance. His life expectancy is no shorter than children not on the spectrum. I am outraged and we are considering taking all of our policies from them- we have a significant amount of insurance with this company. Any advice would be greatly appreciated.Thanks!Anne Marie Quote Link to comment Share on other sites More sharing options...
Guest guest Posted November 11, 2008 Report Share Posted November 11, 2008 It shouldn't matter why the ins is needed. The principle point now is that it was denied or as they say put off till 18. There are 138 state reps that have email addresses that do listen and I am sure if you get your story in the newspaper it would create some montoem. Sent from my Verizon Wireless BlackBerryDate: Tue, 11 Nov 2008 15:38:26 -0800 (PST)To: <autism-georgia >Subject: Re: Insurance I would be upset as well. Now is a great time to reevaluate whom you purchase life insurance from anyway. You want to ensure that company is stable and will stick around. I was curious as to why you need insurance on a child. Typically life insurance is only needed to replace income to ensure stability for dependents. If you do not depend on your child's income, then life insurance is not needed. Some life insurance is sold as an investment vehicle called Whole Life, Universal Life, or Variable Life policies. I've read that this is a terrible financial product to invest in. In "The Total Money Makeover" by Dave Ramesy, the returns on these investment average 2.6%, 4.2%, and 7.4% respectively. The first few years also go to pay commissions only. You could invest in a good growth mutual fund that averages 12% over 20 yrs instead. If you need to save for college, there are other options available such as 529's and educational IRAs. Just wanted to share this information. orleywindstream (DOT) net> wrote:From: Anne Marie <eallcorleywindstream (DOT) net>Subject: InsuranceTo: autism-georgia Date: Tuesday, November 11, 2008, 2:45 PMHello all,We applied for life insurance for our son Logan who is 6 and has asperger syndrome. He was denied insurance and they sent my premium back. Their letter didn't say why, but that I had to write the home office for an explanation. Instead, I emailed the agent who contacted home office and here is his reply:I have contacted our underwriting department and they are looking at Logan's autism history more as a postponement than a permanent declination. Children with autism can reapply at age 18 if they are functioning adults. Hopefully, this information will help!Thank you,Alan My question is: Can they do this? There should be absolutely no reason for them to deny him life insurance. His life expectancy is no shorter than children not on the spectrum. I am outraged and we are considering taking all of our policies from them- we have a significant amount of insurance with this company. Any advice would be greatly appreciated.Thanks!Anne Marie Quote Link to comment Share on other sites More sharing options...
Guest guest Posted November 11, 2008 Report Share Posted November 11, 2008 Well, to weigh in here, we carry life insurance because we have lost a child at 3 weeks of age and were left holding in excess of $50,000 in medical bills after he passed away and had virtually no money on hand for burial due to my medical expenses from a high-risk pregnancy. If it hadn't been for my parents, I really don't know how we would have buried him. So, I see absolutely nothing wrong with carrying a modest policy on a child. When my dad passed away 2 years ago, just a very simple burial ran us $9,000 and when I say simple, I am talking a modest casket that cost only about $2500 and a no frills service. So, even though we may have medical insurance and medicaid/medicare, such as the case may be, to help pay the medical bills for our child, many of us working parents are tapped out by the uncovered medical and living expenses generated by having a special needs child, so that extra little bit should one of them pass away is welcome to bury him or her with peace of mind--or at least that's the way I feel about it. EMAILING FOR THE GREATER GOODJoin me To: autism-georgia From: a_rendueles@...Date: Tue, 11 Nov 2008 15:38:26 -0800Subject: Re: Insurance I would be upset as well. Now is a great time to reevaluate whom you purchase life insurance from anyway. You want to ensure that company is stable and will stick around. I was curious as to why you need insurance on a child. Typically life insurance is only needed to replace income to ensure stability for dependents. If you do not depend on your child's income, then life insurance is not needed. Some life insurance is sold as an investment vehicle called Whole Life, Universal Life, or Variable Life policies. I've read that this is a terrible financial product to invest in. In "The Total Money Makeover" by Dave Ramesy, the returns on these investment average 2.6%, 4.2%, and 7.4% respectively. The first few years also go to pay commissions only. You could invest in a good growth mutual fund that averages 12% over 20 yrs instead. If you need to save for college, there are other options available such as 529's and educational IRAs. Just wanted to share this information. orleywindstream (DOT) net> wrote: From: Anne Marie <eallcorleywindstream (DOT) net>Subject: InsuranceTo: autism-georgia Date: Tuesday, November 11, 2008, 2:45 PM Hello all,We applied for life insurance for our son Logan who is 6 and has asperger syndrome. He was denied insurance and they sent my premium back. Their letter didn't say why, but that I had to write the home office for an explanation. Instead, I emailed the agent who contacted home office and here is his reply:I have contacted our underwriting department and they are looking at Logan's autism history more as a postponement than a permanent declination. Children with autism can reapply at age 18 if they are functioning adults. Hopefully, this information will help!Thank you,Alan My question is: Can they do this? There should be absolutely no reason for them to deny him life insurance. His life expectancy is no shorter than children not on the spectrum. I am outraged and we are considering taking all of our policies from them- we have a significant amount of insurance with this company. Any advice would be greatly appreciated.Thanks!Anne Marie Quote Link to comment Share on other sites More sharing options...
Guest guest Posted November 11, 2008 Report Share Posted November 11, 2008 I didn't mean to offend anyone. I've encountered insurance agents who were not looking for my best interest, only the commission check. I've also seen the numbers. Whatever you decide, just make sure you spend your money wisely. From: Anne Marie <eallcorley@windstre am.net>Subject: InsuranceTo: autism-georgia@ yahoogroups. comDate: Tuesday, November 11, 2008, 2:45 PM Hello all,We applied for life insurance for our son Logan who is 6 and has asperger syndrome. He was denied insurance and they sent my premium back. Their letter didn't say why, but that I had to write the home office for an explanation. Instead, I emailed the agent who contacted home office and here is his reply:I have contacted our underwriting department and they are looking at Logan's autism history more as a postponement than a permanent declination. Children with autism can reapply at age 18 if they are functioning adults. Hopefully, this information will help!Thank you,Alan My question is: Can they do this? There should be absolutely no reason for them to deny him life insurance. His life expectancy is no shorter than children not on the spectrum. I am outraged and we are considering taking all of our policies from them- we have a significant amount of insurance with this company. Any advice would be greatly appreciated.Thanks!Anne Marie Quote Link to comment Share on other sites More sharing options...
Guest guest Posted November 11, 2008 Report Share Posted November 11, 2008 Which companies are denying??? From: Anne Marie <eallcorley@windstre am.net>Subject: InsuranceTo: autism-georgia@ yahoogroups. comDate: Tuesday, November 11, 2008, 2:45 PM Hello all,We applied for life insurance for our son Logan who is 6 and has asperger syndrome. He was denied insurance and they sent my premium back. Their letter didn't say why, but that I had to write the home office for an explanation. Instead, I emailed the agent who contacted home office and here is his reply:I have contacted our underwriting department and they are looking at Logan's autism history more as a postponement than a permanent declination. Children with autism can reapply at age 18 if they are functioning adults. Hopefully, this information will help!Thank you,Alan My question is: Can they do this? There should be absolutely no reason for them to deny him life insurance. His life expectancy is no shorter than children not on the spectrum. I am outraged and we are considering taking all of our policies from them- we have a significant amount of insurance with this company. Any advice would be greatly appreciated.Thanks!Anne Marie Quote Link to comment Share on other sites More sharing options...
Guest guest Posted November 11, 2008 Report Share Posted November 11, 2008 As with ssi they will usually deny the first to 3rd time to see where it goes. Most people will let it be some will raise a question or two but some will raise holy heck. Most times the ones that raise holy heck if all the facts are in order and you are one step ahead will have success. I fight on most things esp when unfair. The key is the same as in chess. You have to be one step ahead. ie on the ins issue. The first thing I would do is research everything is public record find out how many times this has happen before. The second thing would be to take that information when filing a grievance with the ins company most all company have a appeal process. The third thing would to have a contact at a newspaper. Doesn't have to be a big paper cause they usually are more picky about stories. A small paper is usually hunger for a story. If published the big paper will usually pick up on the story. Have this ready to go but don't use it till you have to. The fourth thing would be to work with the company on the appeal process. The outcome if unfavorable a third party would step in. The company needs to know this so they know what you are talking about. This happen to geico when mu car was totaled and I fought the amount. At the guy at the end just plan ask what do you want. The fifth would be before the appeal process is over find out how to get in touch with your state congress people. In the state of ga. There are 134 email address avaible. Don't limit your chances to one or yours cause the chances are better with more qty of people. The sixth would be depending on the outcomes use the paper and state people wisely Oh I just keep going on and on. Sent from my Verizon Wireless BlackBerryDate: Tue, 11 Nov 2008 18:13:40 -0800 (PST)To: <autism-georgia >Subject: RE: Insurance I didn't mean to offend anyone. I've encountered insurance agents who were not looking for my best interest, only the commission check. I've also seen the numbers. Whatever you decide, just make sure you spend your money wisely.From: Anne Marie <eallcorley@windstre am.net>Subject: InsuranceTo: autism-georgia@ yahoogroups. comDate: Tuesday, November 11, 2008, 2:45 PMHello all,We applied for life insurance for our son Logan who is 6 and has asperger syndrome. He was denied insurance and they sent my premium back. Their letter didn't say why, but that I had to write the home office for an explanation. Instead, I emailed the agent who contacted home office and here is his reply:I have contacted our underwriting department and they are looking at Logan's autism history more as a postponement than a permanent declination. Children with autism can reapply at age 18 if they are functioning adults. Hopefully, this information will help!Thank you,Alan My question is: Can they do this? There should be absolutely no reason for them to deny him life insurance. His life expectancy is no shorter than children not on the spectrum. I am outraged and we are considering taking all of our policies from them- we have a significant amount of insurance with this company. Any advice would be greatly appreciated.Thanks!Anne Marie Quote Link to comment Share on other sites More sharing options...
Guest guest Posted November 12, 2008 Report Share Posted November 12, 2008 , You note really opened my eyes. I had not thought of this scenario. I am sorry for your loss. - From: Anne Marie <eallcorley@windstre am.net>Subject: InsuranceTo: autism-georgia@ yahoogroups. comDate: Tuesday, November 11, 2008, 2:45 PM Hello all,We applied for life insurance for our son Logan who is 6 and has asperger syndrome. He was denied insurance and they sent my premium back. Their letter didn't say why, but that I had to write the home office for an explanation. Instead, I emailed the agent who contacted home office and here is his reply:I have contacted our underwriting department and they are looking at Logan's autism history more as a postponement than a permanent declination. Children with autism can reapply at age 18 if they are functioning adults. Hopefully, this information will help!Thank you,Alan My question is: Can they do this? There should be absolutely no reason for them to deny him life insurance. His life expectancy is no shorter than children not on the spectrum. I am outraged and we are considering taking all of our policies from them- we have a significant amount of insurance with this company. Any advice would be greatly appreciated.Thanks!Anne Marie Quote Link to comment Share on other sites More sharing options...
Guest guest Posted November 13, 2008 Report Share Posted November 13, 2008 Hi, The same thing happen to us couple year ago. My work offer life insurance. I pay $6.00 a month for my life insurance and I can have for a dollar a month a life insurance of five thousand dollars for my son. Just in case something happen to him I can have something to help us with any expenses that I could have like a burial. For fifty cents more a month we could have the life insurance for ten thousand. Well it was only fifty cents and so many people have horrible stories of relatives dying and they can¢t afford a funeral. So I increase for ten thousand paying only fifty cents more a month. I sent the paper work and after a month a got a letter that my son is autistic and for this reason I could not increase the life insurance. He is considered to be at high risk. I don¢t know if they can do that I do know you are not alone on that. Take Care!! Simon, "If you want others to be happy, practice compassion. If you want to be happy, practice compassion." ~Dalai Lama From: Anne Marie <eallcorley@windstre am.net>Subject: InsuranceTo: autism-georgia@ yahoogroups. comDate: Tuesday, November 11, 2008, 2:45 PM Hello all,We applied for life insurance for our son Logan who is 6 and has asperger syndrome. He was denied insurance and they sent my premium back. Their letter didn't say why, but that I had to write the home office for an explanation. Instead, I emailed the agent who contacted home office and here is his reply:I have contacted our underwriting department and they are looking at Logan's autism history more as a postponement than a permanent declination. Children with autism can reapply at age 18 if they are functioning adults. Hopefully, this information will help!Thank you,Alan My question is: Can they do this? There should be absolutely no reason for them to deny him life insurance. His life expectancy is no shorter than children not on the spectrum. I am outraged and we are considering taking all of our policies from them- we have a significant amount of insurance with this company. Any advice would be greatly appreciated.Thanks!Anne Marie Quote Link to comment Share on other sites More sharing options...
Guest guest Posted November 13, 2008 Report Share Posted November 13, 2008 Appeal it. Its like the guy on tv that fought a bill for 40.00 for 5 years. Its past the point of the amount but it is the principal of the matter. Sent from my Verizon Wireless BlackBerryDate: Thu, 13 Nov 2008 15:28:45 -0800 (PST)To: <autism-georgia >Subject: RE: Insurance Hi,The same thing happen to us couple year ago. My work offer life insurance. I pay $6.00 a month for my life insurance and I can have for a dollar a month a life insurance of five thousand dollars for my son. Just in case something happen to him I can have something to help us with any expenses that I could have like a burial. For fifty cents more a month we could have the life insurance for ten thousand. Well it was only fifty cents and so many people have horrible stories of relatives dying and they can’t afford a funeral. So I increase for ten thousand paying only fifty cents more a month. I sent the paper work and after a month a got a letter that my son is autistic and for this reason I could not increase the life insurance. He is considered to be at high risk. I don’t know if they can do that I do know you are not alone on that.Take Care!! Simon, "If you want others to be happy, practice compassion. If you want to be happy, practice compassion." ~Dalai Lama From: Anne Marie <eallcorley@windstre am.net>Subject: InsuranceTo: autism-georgia@ yahoogroups. comDate: Tuesday, November 11, 2008, 2:45 PMHello all,We applied for life insurance for our son Logan who is 6 and has asperger syndrome. He was denied insurance and they sent my premium back. Their letter didn't say why, but that I had to write the home office for an explanation. Instead, I emailed the agent who contacted home office and here is his reply:I have contacted our underwriting department and they are looking at Logan's autism history more as a postponement than a permanent declination. Children with autism can reapply at age 18 if they are functioning adults. Hopefully, this information will help!Thank you,Alan My question is: Can they do this? There should be absolutely no reason for them to deny him life insurance. His life expectancy is no shorter than children not on the spectrum. I am outraged and we are considering taking all of our policies from them- we have a significant amount of insurance with this company. Any advice would be greatly appreciated.Thanks!Anne Marie Quote Link to comment Share on other sites More sharing options...
Guest guest Posted November 13, 2008 Report Share Posted November 13, 2008 i agree...we carry life insurance on both boys also. once they turn 18, its doubtful they could get their own private policy due to life insurance companies seeing add/adhd/autism/aspergers as true dare devils who engage in riskier than nomal behavoir and past times. hence a greater risk for early accidental death. for those looking for life insuarance, you may want to look at the gerber life, its gauaranteed for a certain amount regardless. my hubby is licensed to sell life insurance in ga if anyone wants to contact him about the policies he can offer, just email me for his contact info. that said, i cannot get an individual policy due to my auto immune issues and precancers. we are lucky enough to be able to get a spouse ride on policy thru hubbys employer for me but for a modest 10k policy only. i cant stress how important this is to look into!!! > Subject: InsuranceTo: autism-georgia@...: Tuesday, November 11, 2008, 2:45 PM > > > Hello all,We applied for life insurance for our son Logan who is 6 and has asperger syndrome. He was denied insurance and they sent my premium back. Their letter didn't say why, but that I had to write the home office for an explanation. Instead, I emailed the agent who contacted home office and here is his reply:I have contacted our underwriting department and they are looking at Logan's autism history more as a postponement than a permanent declination. Children with autism can reapply at age 18 if they are functioning adults. Hopefully, this information will help!Thank you,Alan My question is: Can they do this? There should be absolutely no reason for them to deny him life insurance. His life expectancy is no shorter than children not on the spectrum. I am outraged and we are considering taking all of our policies from them- we have a significant amount of insurance with this company. Any advice would be greatly appreciated.Thanks!Anne Marie > Quote Link to comment Share on other sites More sharing options...
Guest guest Posted November 15, 2008 Report Share Posted November 15, 2008 OK, good, I just always worry about anythig in the child's name. Quote Link to comment Share on other sites More sharing options...
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