Life Insurance

Can you get life insurance for your terminally ill parent?


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2011-01-04 15:24:54
2011-01-04 15:24:54
  • 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.


Related Questions

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

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

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.

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

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.)

Most ill, or terminally ill. NOT illest .

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

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.

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.

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

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

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.

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

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

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.

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.

Christian Biot has written: 'Mourir vivant' -- subject(s): Death, Psychological aspects, Psychological aspects of Terminally ill, Terminally ill

If you are terminally ill, you may have intractablepain....

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.

It is usually used to relieve pain in the terminily ill patient.

It should only be for patients who are terminally ill, and no longer wish to suffer. Not people who've just 'had enough' of life.

She is no longer living She died 6.25.09/

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