Recent content by mindy23

Out life insurance carrier was going to drop our coverage because it had come to term. When we contacted our agent, we mentioned that my husband would not be able to get any more insurance due to having terminal cancer. Unbeknownst to us, we had a terminal illness clause in his policy, and were...

Thank you both. The tricky part of this is that, thankfully, he is still alive, and collecting his SSD income, so we're concerned that at the end of the year, Uncle Sam may just roll this all into one big income. Guess we'll see..in the meantime, we paid off our mortgage, but put the rest in...

Recently, our 20 year term life insurance was set to expire. Because my husband has stage 4 cancer, has had a heart attack and several strokes, it would be impossible to re-insure him. We did, however, without forethought, pay for the terminal illness policy, and were able to cash in the policy...

I will do that, Betty. The paperwork for our rider is on its way. We need to get it to my husband's oncologist and see what she wants to do. Hopefully, she won't have a problem with it, since it's our only option to get anything back.

Thank you. I'll update when we move forward and get some answers.

Thank you. My SIL gave me the name of a local insurance lawyer. We didn't realize before that we had a terminal illness rider. But we do, and my husband has Stage 4 Cancer. We're looking into that option with our agent.

That's another link, but doesn't give me anything other than more people to call. I do plan to call the AZ. Attorney General, and the link above. I was hoping someone, somewhere had a deeper knowledge of a situation like this.

20 years ago, we purchased a Universal Life insurance policy thru Jackson National Insurance Co. We have paid our premiums faithfully, there has never been to problem. But now that the 20 years have arrived, the policy states they can drop us as policy holders. When we, AND our agent contacted...