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In case you arent aware, do not let your life or health insurance lapse while you are in treatments or recently done with them
Asked by Coloman on Saturday, January 11, 2020
In case you arent aware, do not let your life or health insurance lapse while you are in treatments or recently done with them
You will not be able to get new insurance for several years after treatment ends and then the options are few. I recently had a conversation with a fellow cancer patient who thought she could drop an expensive life policy and pick up a new one with another company. NO.....That would be sort of like waiting to buy homeowner's insurance until your house is on fire.
Check all your policies and make sure they are current and put them on auto-draft pay so you don't forget them.
4 Answers from the Community
alivenwell
I had life insurance since I was in my 20s. I thought of cashing it in for a good time. Maybe not.
- 3 Like
about 1 year agolo15
We had to let my husbands go when he retired as it was thru his company. Lesson learned no matter what you have thru work, buy some privately
- 3 Like
about 1 year agoalivenwell
For any life insurance where you're financially strapped, do not drop your policies but rather see if any dividends are available for you to collect. One phone call can make a difference.
- 2 Like
about 1 year agoHelp the community by answering this question:
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