Yes, the annual rate is 'supposed' to stay the same, but the fine print says that they can change it at any time...up to the 'maximum'....which is around $230,000 per year by the time the policy completes.
On Tue, Jul 11, 2017 at 10:00 AM, Steve Jones <[email protected]> wrote: > forever and ever, expungment and all that only applies to criminal > matters, in regard to insurance a DUI is a component of your healthcare, > the associated required alcohol evaluations are in your medical records as > well. One DUI is not all that big of a deal, but two automatically > classifies you as a habitual drinker, which some claim is bad for you > > On Tue, Jul 11, 2017 at 10:04 AM, Chuck McCown <[email protected]> wrote: > >> 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? >>> >> >> >> >> > >
