Ask Experts Questions for FREE Help !
Ask
    misterblueyes's Avatar
    misterblueyes Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Apr 7, 2011, 08:18 AM
    Low cost life insurance for personnel over 90
    I am requesting a company that civers life insurance for personnel over the age of 90 and require 24/7 care.
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
    Uber Member
    		  
    #2

    Apr 7, 2011, 08:23 AM

    Life insurance pays upon a person's death.

    Long term care pays for just that - long term care.

    "Health care insurance" pays medical expenses.

    No one is going to write a new policy for someone 90 years old.

    Are you serious?
    southamerica's Avatar
    southamerica Posts: 667, Reputation: 400
    Senior Member
    		  
    #3

    Apr 7, 2011, 08:29 AM

    Are you saying that this person receives 24/7 care already?

    And you would like to know a company that will write a life insurance policy for this person?

    Judy-are you saying that no one will write a new life insurance policy -or- no one will write a new health insurance policy for this person? Or both?

    I just want to make sure the facts are laid out.
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
    Uber Member
    		  
    #4

    Apr 7, 2011, 08:33 AM
    Quote Originally Posted by southamerica View Post
    Are you saying that this person receives 24/7 care already?

    And you would like to know a company that will write a life insurance policy for this person?

    Judy-are you saying that no one will write a new life insurance policy -or- no one will write a new health insurance policy for this person? Or both?

    I just want to make sure the facts are laid out.

    I don't know any company that will write AFFORDABLE life insurance - or AFFORDABLE - long term health care insurance for someone 90. Note that this is an employee policy, also, not someone obtaining personal insurance.

    In fact, I'd be amazed if insurance is even available.

    Yes, that's how I see the facts laying out.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
    		  
    #5

    Apr 7, 2011, 08:40 AM

    First it is doubtful that any company would write a policy for a 90 year old person and if they did, it would be very very costly
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Shall I be successful in insurance agency( life insurance corporation of india) [ 2 Answers ]

At present I am a life insurance agent full timer since last 01 year but not much business. I want to know whether I shall be successful in this profession.

Low cost student health insurance [ 2 Answers ]

My daughter (who will be 18 in July)will be starting college this year. We do not have any family health insurance, as my husband was laid -off in March and has not worked since because we are awaiting the green card. Please can anyone advise me of what health and/or dental plans would be...

Motgage Insurance vs. Life Insurance [ 6 Answers ]

Hi-- I just bought a new house and am getting solicitations for mortgage insurance if I kick the bucket. I don't want my wife to have to be burdened by mortgage debt. Had thought about getting term life insurance to cover the mortgage amount, what's the better approach??

View more questions Search