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Information about all aspects of finances affected by a serious health condition. Includes income sources such as work, investments, and private and government disability programs, and expenses such as medical bills, and how to deal with financial problems.
Information about all aspects of health care from choosing a doctor and treatment, staying safe in a hospital, to end of life care. Includes how to obtain, choose and maximize health insurance policies.
Answers to your practical questions such as how to travel safely despite your health condition, how to avoid getting infected by a pet, and what to say or not say to an insurance company.

New Uses Of Assets - A Living Benefit From Your Life Insurance Policy

What If My Life Expectancy Exceeds The Life Insurance Company's Requirements Or I Do Not Know My Life Expectancy?

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Before we answer the question, keep in mind that life expectancy is about statistics, and doesn’t begin to let us know what will happen with any particular individual. Likewise, it is about what has happened in the past, not what will happen with the new drugs and treatments that are constantly coming along.

That said, if your life expectancy is beyond the period set by the insurance company, or if you don’t know what your life expectancy is, it may still be worthwhile to apply for the accelerated benefit. We have known of many instances where the life insurance company does not look closely at the insured’s health. Instead, these companies merely require proof of a diagnosis and a doctor’s letter that states his or her opinion about your life expectancy.

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