bipolar, trying to buy life insurance Posted: 12-03-07 01:45am
Recently, I have been trying to buy life
insurnce. I have gone to major insurance
carriers, starting with my family and
business agent. I've been turned down
three times...strike three! On the first
and third try, I got a call from the local
agent, saying they needed additionaly
information from my psyche doctor, then
shortly after that, got a notification
that my application was rejected.
I had another friend in the insurance
business tell me, being bi-polar, I would
never be able to get 'normal' life
insurance, at a 'normal' rate. Is there
anyone else with similar experiences?
What to do?
Thanks!
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ladylee70
Extremely EHEALTHy
Joined: 14 Nov 2006 Posts: 1912 Location: Boise, Idaho,
Thanks: 1
Thanked:0
Posted: 12-04-07 17:22pm
My husband was rejected as well.
They tend to lump all bipolars in the same
category "high risk" and seem to think of
bipolars as a suicide or accident risk
(during depression or mania stages). We
have to pay $50 or $75 a month for life
insurance JUST for my husband. Mine is the
normal rate. We have been paying that for
five years. Even during extreme financial
times, we pay it as we feel it is one of
the most important things to have in
addition to medical insurance.
Honestly, you will probably have to pay a
lot of money for life insurance. If you
have a family (I assume you do due to your
posting name), I would fork out the money
and pay it. I encourage you to keep
trying. Talk to your psychiatrist or
doctor about it and perhaps he has some
ideas. This is the reason why some people
"lie" or don't even use their regular
insurance for psychiatrist appts.
It just stinks..trust me, I know!
Good luck. If you figure a way to beat it
without lying, let me know. We refuse to
lie because it is considered fraudulent.
I think it's great you are doing
everything you can to get life insurance.
Many people don't think about it and their
children are left in a bind if something
happens to them. I have heard some
horribly sad stories.
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andrewcorbin20
New User, Becoming EHEALTHy
Joined: 02 Dec 2007 Posts: 24 Location: Charlottesville, VA USA
Posted: 12-12-07 17:38pm
Have you tried Southern Health? I'm
bipolar and they've insured me.
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2atrale
New User, Becoming EHEALTHy
Joined: 11 Jan 2008 Posts: 1
Don't give up! The right agent. The right company. Posted: 02-19-08 19:29pm
98% of life insurance companies will go
screaming into the dark at the very
mention of bipolar. The truth is that,
given the following criteria, affordable
life insurance is available.
1. Other than for diagnosis, no
hospitalization for bipolar in the last 10
years
2. No suicide attempts
3. You can't be on disability
4. You have to be compliant and consistent
with your treatment
5. You have to have a stable home and work
life
The right insurance companies aren't
asking for anything more than they do for
someone with diabetes, or heart disease,
or epilepsy. If you have good control and
are compliant with treatment, you get the
prize. Affordable life insurance can be
yours.
Do a Google search for bipolar life
insurance. Go past the advertising links
and look for the blogs. You won't be
disappointed. Special Ed
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cclovers
New User, Becoming EHEALTHy
Joined: 28 Feb 2008 Posts: 10
Posted: 03-06-08 14:48pm
What does disability have to do with life
insurance?
