• 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

    4 answers
    • alivenwell's Avatar
      alivenwell

      I had life insurance since I was in my 20s. I thought of cashing it in for a good time. Maybe not.

      7 days ago
    • lo15's Avatar
      lo15

      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

      6 days ago
    • alivenwell's Avatar
      alivenwell

      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.

      6 days ago

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