Posts Tagged ‘Term Life Insurance Policy’
Can a life insurance company cancel a policy within the first two years of inception if suicide is suspected?
jennifer asked:
My friend has a term life insurance policy that is less than 2 years old. She entered the hospital recently for a newly diagnosed bipolar disorder and had admitted to thoughts of suicide. Within 2 months of her stay and diagnosis, her term life insurance policy was canceled by the insurance company for reasons of risk. Can they legally do this? I read the policy, but am unclear whether they have the right to do this. Thanks.
My friend has a term life insurance policy that is less than 2 years old. She entered the hospital recently for a newly diagnosed bipolar disorder and had admitted to thoughts of suicide. Within 2 months of her stay and diagnosis, her term life insurance policy was canceled by the insurance company for reasons of risk. Can they legally do this? I read the policy, but am unclear whether they have the right to do this. Thanks.
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How do I go about getting life insurance when I do not like dealing with salespeople?
feeddaneed asked:
I always feel like they want to keep selling me more and more….I just want a simple term life insurance policy for myself, and my husband. What is the EASIEST way to get this set up, sans all the sales rigmarole?
I always feel like they want to keep selling me more and more….I just want a simple term life insurance policy for myself, and my husband. What is the EASIEST way to get this set up, sans all the sales rigmarole?