My Mom just recently had a stroke and is totally dependent on me to take care of her. She has no life insurance or no money in case she is to die suddenly. I wanted to know if there are any insurance carriers out there that will cover her for term life insurance. She is only 55 years old.
https://www.agingcare.com/articles/10-government-programs-caregivers-can-access-for-their-elderly-parents-120513.htm
Judith, your boyfriend should see an estate attorney, for sure. Each state varies in law, and unless there is a sudden miracle cure, your boyfriend will need extensive care in the future. He will need legal advice to do the best he can with his assets -legally. Be careful not to choose just any attorney. You need someone who understands Medicaid laws, so ask questions when you talk with an attorney. What kind of work do they concentrate on? What are their credentials?
And knighto58, again it will depend on your state law. She, too, may find it worth a few hundred dollars to see an estate attorney for advice. An attorney who knows your state law and Medicaid law can guide you and your mother, so you are doing the right thing for your mother and the law.
Carol
and find out information about getting a life insurance so that my love ones and
family will not be stuck with the burden of me being deceased. I have a lot of
illnesses and do not want anyone to have to stress on this matter. Can you please
help me out? I really do appreciate your help and time.
Sincerely,
Nancy M. Stegehuis
This is a tough one. You maybe can, but it will be really expensive. A lot depends on what your health issues are. You should contact different companies, including AARP (I'm not endorsing them, they just came to mind), The Hartford and any others you can find. It's kind of like trying to get long-term care insurance when you are my age. Maybe I can, but the cost would be prohibitive.
Best wishes, Nancy. It will take some phone calls, appontments and footwork. I hope you can figure something out.
Carol
He can't get health insurance because of preexisting illness - he was five when he got JRA! Believe me, I know you frustration, but I don't know how to help other than check every company you can and pay a huge price if you do find one. It's sad.
Carol
Carol
I would conceder you call them, its a no questions ask policy , they do not cover suicide. I hope that was helpfull.
I dont know what state you are in but you can try in nationwide car and life inc, and get the number I hope this has hekped you,
God Bless you and your family,
Kimberly
Thanks for helping me out if anyone else has any other resources that can help me please contact me.
Thank you so much,
Portical69
Can I get life insurance to pay for Hospice or hospice in home care and for cremation?
Can I get life insurance to pay for Hospice or hospice in home care and for cremation?
Generally the policy amount is limited to less than $25,000 and it may have a reduced benefit should death occur due to illness in the first 1-3 years.