Hi everyone. My father had life insurance for many years but after he fell ill (ALS) much of the bills came under my possession. Long story short the life insurance policy went into default and now I am in the process of getting the policy reinstated. I am extremely worried that the policy will not be reinstated because of what the medical records will reveal. My mother is in fairly good health, but her life insurance policy is also in jeopardy as they had a joint policy; $50,000 for my dad and $100,000 for my mother. Not to mention, my father also suffers from diabetes.

I have a strong inclination that the policy will not be reinstated so I have to look for other options. I looked on line for no medical and no health info life insurance policies, but I have come up empty handed. What else can I do? I really need help with this as my dad's health is declining day by day. Thanks.

P.s. my parents have been with this company since the late 80's if that means anything. The agent on the policy has told me that we can always appeal the decision if the policy is not granted but I need to be proactive on this. Thanks.

ALS and diabetes; why are you afraid that the medical record will mean he will be denied?
How long since the last premium was paid? (I assume you didn't know.. )

I would enlist the help of his doctor, and it's also the agent's job, if he has a local presence.
It might even be worth hiring a lawyer for, once you do some groundwork to save money.
When I worked in insurance (not life), a 'lawyer letter' was put on the top of the paper heap and company policy was that it be handled immediately and with extra attention.

Did it lapse? Was it cancelled for non-payment? Was there a return of premium?

It just lapsed. The insurance company is still holding on to the money that I have paid in an escrow account. I believe that I had missed one or two payments and never remembered about it. I continued to make monthly payments there after but never paid the amounts that were missed. @Joypulv, I am afraid that my dad's condition will make him ineligible for coverage given that both conditions are pretty serious. The policy has only been in default for about two months. Recently, I received a letter from the insurance company which I have to return to them so that they can have access to my mother's medical records. I will fax that in tomorrow. Currently, the agent on the policy is working to waive the phone interview for my dad because my father has since lost his ability to talk. Its just a waiting game right now, but everyday that goes by I am afraid that something could happen to my dad and he will not be covered.

One last thing. My previous agent on my parent's life insurance policy was the same an agent who had previously signed me up for an investment account with the same insurance company. After some disagreements I ended up complaining about him and filed a BBB report against him for failure to answer my questions and for simply avoiding me. I ended up closing down that account. When I recently contacted him to address my parent's life insurance policy, a policy that he was still the agent of and a policy that had nothing to do with my investment account with the insurance company, he informed me that he should sue me for filing a complaint against him and that he was not going to help me to reinstate my parent's life insurance policy. I informed him that my parent's life insurance policy had nothing to do with our misunderstanding, but he again informed me that he didn't care and that he will not help. Since then I have removed him from the policy and transferred the policy to an agent that is closer to where my parents live, but I want to know if I can file any actions against him. I feel that he had a fiduciary duty to my parents, which he dropped the ball on. I am now left to explain and untangle this whole mess with the new agent. What are my remedies?

@Joypulv How can a doctor help? Please explain. Thank you.

A doctor can write a statement to the effect that your father couldn't attend to his bill payments, whether you were paying them or not, unless you had POA.
Leave the agent out of it for now. He isn't required by law to help you.
Hire a lawyer, even if it costs the minimum for a letter. The letter is often just a one line, such as 'Please inform me of the status of my client's claim for reinstatement of his policy by x date.' The client should be your father, not you. Get that POA ASAP for as many functions as each parent will allow you, hopefully all. His bank might have a blank POA form, a checklist of all the types.

Thank you.

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Originally Posted by joypulv

A doctor can write a statement to the effect that your father couldn't attend to his bill payments, whether you were paying them or not, unless you had POA.
Leave the agent out of it for now. He isn't required by law to help you.
Hire a lawyer, even if it costs the minimum for a letter. The letter is often just a one line, such as 'Please inform me of the status of my client's claim for reinstatement of his policy by x date.' The client should be your father, not you. Get that POA ASAP for as many functions as each parent will allow you, hopefully all. His bank might have a blank POA form, a checklist of all the types.

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You didn't get it reinstated? https://www.askmehelpdesk.com/insura...al-753966.html