Does becoming a parent affect life insurance? If it does..what should a beneficiary do?
Total Comments: 15
Posted: Fri Dec 26, 2008 10:43 am Post Subject: insurance
JEORGE.....OIC........i din't know you can name your 'minor' child as 'Primary'. Guess ya learn something new everyday. :roll: Yep...make sure the person you have as a POA/Guardian, etc......you can trust. You don't wanna take that chance, that the 'Guardian' wull 'take the money and run..........!! I've head/seen ALOT of 'horror stories' about THIS issue.
Posted: Thu Jan 01, 2009 02:28 am Post Subject: Becoming a Parent - Life Insurance
Becoming a parent only affects life insurance if you are the MOM and are in your 3rd trimester. If you are already in your 3rd trimester, you must wait until you have the baby and then you can immediately apply again. There may be an exception to this if you are considered a high risk pregnancy. In this case, I'm not sure if you would be insurable at any point in your pregnancy.
Posted: Fri Jan 02, 2009 02:30 am Post Subject: insurance
VICTOR....I'm a bit confused about that statement. You can or can NOT apply for Life Insurance while you're pregnant? What if you ALREADY have Life Insurance before you're pregnant....I'm assuming this wouldn't 'effect' it any.
Posted: Fri Jan 02, 2009 02:47 am Post Subject:
You can apply if you are pregnant, but only in the first and second trimesters. If you already have coverage, then becoming pregnant will have no impact.
Posted: Fri Jan 02, 2009 02:51 am Post Subject: insurance
I din't know that, VICTOR. MMmmm.......that's helpful information to know.
Posted: Fri Dec 26, 2008 10:43 am Post Subject: insurance
JEORGE.....OIC........i din't know you can name your 'minor' child as 'Primary'. Guess ya learn something new everyday. :roll: Yep...make sure the person you have as a POA/Guardian, etc......you can trust. You don't wanna take that chance, that the 'Guardian' wull 'take the money and run..........!! I've head/seen ALOT of 'horror stories' about THIS issue.
Posted: Thu Jan 01, 2009 02:28 am Post Subject: Becoming a Parent - Life Insurance
Becoming a parent only affects life insurance if you are the MOM and are in your 3rd trimester. If you are already in your 3rd trimester, you must wait until you have the baby and then you can immediately apply again. There may be an exception to this if you are considered a high risk pregnancy. In this case, I'm not sure if you would be insurable at any point in your pregnancy.
Posted: Fri Jan 02, 2009 02:30 am Post Subject: insurance
VICTOR....I'm a bit confused about that statement. You can or can NOT apply for Life Insurance while you're pregnant? What if you ALREADY have Life Insurance before you're pregnant....I'm assuming this wouldn't 'effect' it any.
Posted: Fri Jan 02, 2009 02:47 am Post Subject:
You can apply if you are pregnant, but only in the first and second trimesters. If you already have coverage, then becoming pregnant will have no impact.
Posted: Fri Jan 02, 2009 02:51 am Post Subject: insurance
I din't know that, VICTOR. MMmmm.......that's helpful information to know.
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