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life insurance company recommendations

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  • life insurance company recommendations

    Hey there- After a scary year we are reevaluating some financial plans and looking into better life insurance. Since we have a family of 5, a large mortgage and husband who is a cancer survivor and sole provider for the family we are having a hard time finding large coverage that is affordable......Anyone have some companies they would recommend? Thanks!
    2/7/18- Husband diagnosed
    2/12/18- I/O- Stage 1b 99% embryonal carcinoma 1%seminoma/yolk -CT's clear -All markers in normal range
    3/12/18-4/1/18 Adjuvant BEPx1
    4/12/19- ONE YEAR ALL CLEAR

  • #2
    He couldn’t you could always look into joining the army national guard. It’s an obligation which will take omes time away, but it’s another retirement which offers great beinfits such as cheap health and dental insurance with great coverage and a $450k life insurance policy through prudential for $29 a month.....

    It’s an option on the table.


    • #3
      With his cancer being so recent it will be very hard to find him affordable life insurance. Another avenue to look at his with credit unions. Alot of times they dont ask you medical questions but the policy and prices are set at a group rate for the credit union.
      Im am a member of vystar cu. 100K runs about 125 a month just for me. But that is the rate everyone pays as s cu member at vystar
      Jan 2012- U/S mass in Left testicle
      Feb 2012- I/O performed to remove cancer
      Mar 1,2012- pathology pure seminoma
      Mar 7, 2012 PET SCAN stage IIa
      April 2012 Mayo clinic carbolite.
      May 2012 carbolite failed, started BEP x3
      August 7th 2012- BEP complete
      April 2013 CT/PET show relapse
      May 2013 RPLND
      Aug 2013 Relapse again Started VIeP x2
      Oct 2013 HDC AUTOLOGOUS
      Dec 2013 HDC completed CT/PETSCAN 1.1 cm x .8 cm right lower lung lobe
      Feb 2014 confirmed false positive all clear FINALLY !
      Jan 2015 1 year cancer free Pet/CT scan
      Jan 2016 2 years cancer free "Pet/CT scan
      Jan 2017 3 years cancer free "Pet/CT scan
      Jab 2018 4 years cancer free "Pet/CT scan, labs, xrays


      • #4
        Not sure if you will be able to obtain any this close to diagnosis. But maybe, since it was stage 1?

        Either way, based on my experience it probably will not be "affordable", if you are looking for rates in the ballpark of a healthy person.

        I was able to obtain a 20 year 500k term policy through Prudential 2 years out of treatment (last fall - we built a new house and my existing life ins. wasn't enough). Its $500/month until 2020, when it drops to $90/month. My insurance guy said that more providers and options should open up for cheaper at 3 years all clear. I can't wait till then, its a ****load of money, but its also major peace of mind that if I leave this earth my wife and 3 kids will have zero mortgage and a good net to land on.
        6/5/15: bHCG 27,AFP 8.66, LDH 361, 5.6cm lymph node - Stage IIC
        6/16/15: Left I/O 85% EC, 10% chorio, 5% yolk sac opinion 2 (mayo) 90% EC, 10% yolk sac
        7/7/15: bHCG 56, AFP 42, LDH 322
        7/13/15: begin 4xEP, end 9/18/15
        10/1/15: bloodwork normal, ct scan shows 2 lymph nodes 1.0cm
        10/26/15: 2nd opinion on CT results - lymph nodes normal. Surveillance!
        4/6/16: 1.7cm X 1.5cm lymph node found with markers normal.
        4/20/16: RPLND @ IU - teratoma only!
        10/22/19: all clears up to this date!


        • #5
          Try multiple approaches to this problem. 1st would be insurance on the mortgage only, either of you pass it pays the mortgage off. Then term life insurance on both. That's how we approached this. when I'm 66 I'll not have life insurance any longer.


          • #6
            Thanks for the ideas. We'll keep looking and see what we can find.
            2/7/18- Husband diagnosed
            2/12/18- I/O- Stage 1b 99% embryonal carcinoma 1%seminoma/yolk -CT's clear -All markers in normal range
            3/12/18-4/1/18 Adjuvant BEPx1
            4/12/19- ONE YEAR ALL CLEAR