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-   -   Should you just let them know and take your chances? (https://www.askmehelpdesk.com/showthread.php?t=790104)

  • Apr 20, 2014, 12:39 PM
    rcbusiness
    Should you just let them know and take your chances?
    If you found out you had less than 6 months to live, and the only life insurance you have is through your company of 25 years, what is the best way to handle it? Should you stay quiet until you just die, for fear the company will fire you and prevent you from getting the life insurance?

    Should you just let them know and take your chances. There is a family of 5 involved with HIGH debt. Thanks.
  • Apr 20, 2014, 01:19 PM
    ma0641
    That's a pretty poor company that would fire you for that reason, particularly after 25 years. They are paying your medical bill?
  • Apr 20, 2014, 01:23 PM
    tickle
    What were the conditions on your life insurance policy, and what conditions did you have at the time you took out the life insurance policy.

    There is no divergence answering us. No complications, just wanting more information so we can help you a little further with this.
  • Apr 27, 2014, 01:18 PM
    rcbusiness
    Quote:

    Originally Posted by tickle View Post
    What were the conditions on your life insurance policy, and what conditions did you have at the time you took out the life insurance policy.

    There is no divergence answering us. No complications, just wanting more information so we can help you a little further with this.

    I GUESS it's a company life insurance policy. If you retire you take over the current rates to keep it in force. Otherwise if your fired or quit its lost. its been open since 1998. No physical required with hire.
  • Apr 27, 2014, 01:31 PM
    talaniman
    Read your policy carefully and unless they expressly require you to notify them, why would you? What if your medical prognosis wrong? I can understand your concern, but jumping the gun isn't in your interest.

    A far as I know, there is no obligation to even supply your life insurance carrier/provider with medical data one way or another.

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