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  • Many cancer patients can, indeed, find affordable life insurance coverage. How? The key is finding a knowledgeable broker with experience in placing tough cases.
  • Yes, you can get a "graded life" policy for up to $50,000. You maybe able to get more than one such policy. This means that the company only returns premium if the insured dies before 2 years, but if they live beyond that, the full insurance benefit is paid. It does not have to be an accidental death.

Traditional life insurance is not available to people with a terminal illness. You may be able to obtain a Graded Death Benefit life insurance policy. With a Graded death benefit policy, if you die within the first few years, the life insurance company will only refund your premiums paid plus interest. With some policies, a specified percentage of the death benefit becomes available each year.

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โˆ™ 2011-01-04 15:24:54
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Q: Can you get life insurance for your terminally ill parent?
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Related questions

Is it illegal to change the beneficiary on the life insurance policy of a terminally ill person?

If terminally ill person approves change it is legal If terminally ill person disapproves change it is illegal If terminally ill person is not able to approve or disapprove it should not be changed


When can you take money from your life insurance for a hardship?

If you are terminally ill, many policies will allow withdrawals.


How does switching off a life-support machine for a terminally ill patient affect payment of life insurance?

I wasn't aware it had any affect.


Is it normal to forgive an abusive parent when they are diagnosed with a terminal disease?

It is a strong person who can recognize a terminally ill parent who has been abusive to them and yes, it is possible and mature to see the abusive treatment as part of that terminally ill disease.


How can you find out how much your uncle's life insurance policy is for if your aunt is the beneficiary and he has become terminally ill?

Why would you need to know? It's really none of your business.


Does a terminally ill non custodial parent still have to pay child support?

If there is a court order to that effect.


Definition of terminally ill?

when you are so sick that you are going to die. no hope for you if you are terminally ill man.


Can you buy life insurance for terminally ill people?

No, you can't buy life insurance for terminally ill people. Life insurance policies will only pay a death benefit if the insured person does not die of a condition that already existed (known as a pre-existing condition) at the time the policy is first purchased. So, while it would be possible to lie to the insurance company and claim that the person buying the insurance is perfectly healthy, and not all insurance policies require a medical examination, it is still true that when the person dies, the insurance company will investigate and will discover that the death resulted from a pre-existing condition, and therefore the insurance is not valid. (They will return the premiums paid, however.)


What is the superlative word for ill?

Most ill, or terminally ill. NOT illest .


How many people die if they are terminally ill?

By definition, every terminally-ill patient dies. To answer your question: 100 percent.


What is assigning life insurance?

One example of assigning Life insurance is if a court orders you to assign your life insurance to a former spouse. Another example is if you were terminally ill, you could assign a viatical company who would pay you a portion of the policy and after your death the company would receive the benefits. Anyone thinking about this should consult a lawyer.


When can Demerol be used with terminally ill patients?

Demerol is a pain killer. t may be used to make a terminally ill person more comfortable.


What is life coverage and does it really do what is supposed to do?

Life insurance is a contract between the policy holder and the insurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of the insured person. It is particularly useful if one is terminally ill.


What respite services are there for the terminally ill?

There are a lot of ways in order for one to take care of the terminally ill. However, all of the respite services for the terminally ill are practical. This might be through accessing palliative care, finding a hospice or arranging nursing care in your home


How many terminally ill in America?

10000


What do you write in a card to terminally ill?

Depends


Is the child of a narcissist likely to inherit anything after the narcissist's death?

There are two articles on this topic that I am aware of and all she inherited were problems. The golden child might inherit, but I doubt the scapegoat will. http://gailmeyers.hubpages.com/hub/The-Death-of-an-NPD-Parent-A-Terminally-Ill-Malignant-Narcissist http://gailmeyers.hubpages.com/hub/When-a-Parent-with-Narcissistic-Personality-Disorder-is-Terminally-Ill


When is a patient considered to be terminally ill?

Terminal illness in general assumes a life span of six months or less.


What has the author Paul Smith written?

Paul Smith has written: 'Facing death' -- subject(s): Church work with the terminally ill, Death, Presbyterian Church, Religious aspects, Religious aspects of Death, Religious life, Terminally ill


What kind of life insurance coverage can you get if you are terminally ill?

Well, you definitely cannot do that, but you can seek natural cures and/or second opinions for your illness. Understand that allopathic doctors are trained to treat symptoms, and ignore causes. Best wishes.


Are the words terminally ill hyphenated?

Yes, when used in as sentence or phrase. One can say OK- so and so is terminally ill- without punctuation, but and usually the close-coupling is to avoid confusion- Terminally-Ill actress makes funeral plans. In some combinations it is normally hyphenated- but not always.


How do you care for a person who is terminally ill?

bygivinmg them calpol


Which celebrities are terminally ill?

zsa zsa gabour


What does terminally ill mean?

Terminal illness is a state of illness from which one is not expected to recover. The expectation is that the illness will take the person's life.


In ncis season 5 'dog tags' what is jenny's secret?

She is terminally ill