[Travelinglady]

Why Can't I Get Life Insurance?

I haven't planned on getting life insurance anyway. But I had thought about long-term care and found out I couldn't get any too. Another reason to be depressed, huh? Just what we need.

[FriendlyJoe]

There's a lot of loop holes for life insurance to deny you coverage. It's a business and they won't cover morbidly obese people or anyone with health and or mental problems, and plus a bunch of other things that makes you high risk. The policies with up to 50k limits are processed with little to no health questions. But it's for only accidental death and not natural causes. Sucks.

[Skeezyks]

Life insurance always has seemed to me to be a waste of money. Plus I have no intention of lingering long enough to need long term care insurance. Besides perhaps I've watched too many Dateline NBC murder mysteries. But life insurance strikes me as being primarily a good reason for your spouse to get rid of you...

P. S. Here's a link to an article, from PC's archives, that I just happened on. Perhaps you've already seen it. But it was new to me:

Why Can't I Get Life Insurance?

Thanks to both who included the article link. That's pretty sad, especially for people with bipolar type 1, like me.

I guess I'm lucky. I have no kids and I'm already middle-aged. My husband has life insurance as one of the benefits through his work. I doubt he'll try to get any after he retires. I actually do have a small life insurance benefit, but it disappears after I go off of disability, assuming I will. It's through my old employer benefits. Though their private disability provider long stopped paying me private long-term disability, the life insurance component remains until, as I wrote, I go off of any kind of disability (I collect SSDI). Every year that insurance company sends me a form, which my psychiatrist has to fill out and I send back to them. The deadline is tight, though. If my psychiatrist appointment wasn't soon after receiving the form, I'd have to ask my psychiatrist to complete it before my appointment. Luckily, this has not been an issue.

I don't forsee myself needing any life insurance from my husband, if he passed first. I'd be happy to downgrade my living situation to just a room in a shared apartment, somewhere cheap.

I may not have to really worry that much even about health insurance. My husband is a European and we may be moving to Europe in a few years. The health insurance coverage in many countries there is much better than what I'd likely have in the US.

[seoultous]

I was denied long-term care insurance even though I have never been hospitalized and am in otherwise very good health. I did get a life insurance quote which caused me to laugh as the monthly premium was close to my mortgage. Luckily I get life insurance through work.

[Skeezyks]

Well... this is clear evidence I'm losing it! I linked you to the same article you had in your post!