So do DUIs hang around forever on a searchable database that the insurance company uses? Is there an expungement process?
From: Steve Jones Sent: Monday, July 10, 2017 9:45 PM To: [email protected] Subject: Re: [AFMUG] Life Insurance Policies I have 2 DUIs in illinois 20 years ago. I cannot get a personal life insurance policy unless i pay like 100 to 200 bucks a month for 50k coverage. And wven then theres all kinds of rules on how im allowed to die, some ways will pay, some will after probate, and some just wont. Thats individual plans... i can only ever get any real life insurance through my employer. And i cant imagine a generic policy that would cover anythimg other than a work relateded croaking being employer affordable. When i was 20, i was worth like 250k dead and a half mil if i got ended at work. If i knew then what i know now.... On Jul 10, 2017 10:37 PM, "Jeremy" <[email protected]> wrote: Sorry, forgot the OT. On Mon, Jul 10, 2017 at 9:37 PM, Jeremy <[email protected]> wrote: Anyone want to share what company they are using for life insurance, and what type of plan and/or rates, either on or off-list? I have been shopping around and these policies are crazy. Hard to believe anyone would sign these. Whole life is at the whim of the market, and you can lose it all. Term policies even on a fixed term, say 30 years, claim that the payments "remain level" for the 30 -year term but then they say in the fine print that they can change the rate at anytime up to the maximum ($230,000 per year). There has to be a more solid and less wishy-washy policy out there with a locked in rate, right? Are they all giving themselves the ability to make it whatever they want at anytime in the fine print?
