I am pretty expensive but my numbers were bad when they wrote the policy. I have my blood sugar under control now, blood pressure is nominal, weight is coming down. I wonder if I can ask for a lower rate or if I would just have to cancel the policy and apply with someone else.
From: Travis Johnson Sent: Tuesday, July 11, 2017 8:25 AM To: [email protected] Subject: Re: [AFMUG] Life Insurance Policies There is no "fixed" price. When we first applied, they sent someone to our office and did a mental and physical exam, plus they had a heart machine that they hooked us up to for 2 minutes. I was the 2nd cheapest out of the 5 partners... 3 others were much higher, from the same company. Travis On 7/11/2017 7:31 AM, Jeremy wrote: Does the fine print state that they can change that at anytime? Mind sharing the company name? I'm at $4,700 a year for $2 mil. On Tue, Jul 11, 2017 at 7:15 AM, Travis Johnson <[email protected]> wrote: Hi, We obtained 10 year term policies about 5 years ago. I have a $3 million policy and I pay $978 per year. Travis On 7/10/2017 9:37 PM, Jeremy 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?
