life insurance and ulcerative colitis, anyone have experience?

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enemation

New Member

Joined : Jul 2009

Posts : 15

Posted 7/13/2009 2:46 AM (GMT 0)

Anyone in the USA have experience getting a whole life policy and having ulcerative colitis. Denied or high rates?

Scrap Girl

Veteran Member

Joined : Feb 2007

Posts : 653

Posted 7/13/2009 4:06 AM (GMT 0)

Higher rates - if I remember right, mine was going to cost four times as much as my husband's.

LuckyLindy

Regular Member

Joined : Feb 2009

Posts : 226

Posted 7/13/2009 9:13 PM (GMT 0)

I was diagnosed with UC in 04 and bought a 20 year term policy right afterwards. They added a 100% rider (doubling the cost). I didn't go to the doctor for 5 years afterwards (they had wanted to remove my colon so I swore off doctors for a while), and now received a policy with a 50% "good health" discount since I had no recorded treatments for chronic conditions.

BTW - if you really want a guaranteed payout (whole life), you might be better getting a term life policy plus separate annuity or similar policy.

princessb

Regular Member

Joined : Jan 2009

Posts : 24

Posted 7/13/2009 11:39 PM (GMT 0)

I was denied. I was on pred at the time and in a flare, but completely denied. That was USAA.

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