Life Insurance

[Olliedog12]

Hi there

Anyone out there managed to get life insurance with diagnosed ACOP.

In the process of buying a house, aged 57 our mortgage will take me to retirement Actually have death in service benefit that would more or less pay off the mortgage, but interested to explore the option of additional life insurance.

Have spoken to a company called Pulse but still waiting for an indication on whether I might be accepted.

Absolutely fit and well (only went to doctors with a persistent cough) work full time, no sick days for last 10 years, go the gym three - four times a week.

Have a diagnosis of Moderate COPD with asthma

Interested in anyone’s experiences

[Hidden]

In the USA the only type of insurance that will take you on would be a guaranteed life. The most you can get is $25,000.

I was fortunate to have purchased a 30 yr term about a month before getting my diagnosis. The company I work for offers up to 190,000 guaranteed life but I’ll have to die on the office floor to be eligible to receive it. If I’m no longer an employee it goes away or I can transfer it into a whole life insurance policy at an enormous monthly premium I never will be able to afford.

Insurance companies want to make money. Not insure one diagnosed with a progressive disease.