Life insurance

[Treejumps 0]

So I thought I had found a company that would exclude skydiving activities. I was turned down, although I don't know ecactly why just yet, I'm sure it was for jumping. Does anyone know much about life insurance? What if I just tell them I don't jump at all? I'm OK with no payout if I go in, but why would they charge more for coverage, or not cover you for everything else just becasue you jump? From what I can gather, don't ever tell them you jump. If you don't die in the first 2 years you would be covered for anything after that anyhow.

Anyone got an idea for a $1m policy?

Thanks.

[cocheese 0]

They found out you didn't enter the type of AAD in your profile so they said "Not until he gets a CYPRES !"

[skinnyshrek 0]

If it doesn't ask about skydiving then don't tell them. If however, it states on the policy you sign WE DO NOT COVER SKYDIVERS then look for another policy. They are out there.

http://www.skydivethefarm.com

do you realize that when you critisize people you dont know over the internet, you become part of a growing society of twats? ARE YOU ONE OF THEM?

[Channman 2]

Well I could possibly help but I'm not licensed in Maryland.

Although my profile does not make mention of my side job, I've been involved in the financial industry for alittle more than 15 years and will be in my own office full time in Sept. 2006.

You have several options, it seems from your post you have a fair knowledge of the subject matter. (I Do Hope You are Only Looking to Get Term Insurance and not Whole Life, Universal Life, Varible Universal Life, Graded Primium Life... But Term only). Can discuss the Contractual Pitfalls of cash products with you at a later time.

There is a company that I represent that will underwrite you, however there is a possiblity you could be rated for your skydiving activity. You could request during the appliction process to have skydiving related activities waived, and therefore the policy might be able to be issued as standard. (I say that because I don't underwrite the policy nor can I speak in behalf of the company as to what they might do.) We have a questionaire that covers Diving, Flying, and Skydiving activity.

I'm a pilot and diver and was rated standard on a 35 year term policy. I did not qualify for the perferred rate because of the Diving related activity I perform as a safety diver. I started skydiving after my policy was issued and as you said after two years the contestability clause is no longer an issue.

A million dollar policy!!! I'll get licensed in Maryland and will make every effort to assist you in this matter. (You Smoke HEHEHE)

Good luck and I'll check with our underwriting department and determined what they might do. PM me if you have additional questions, and if we can help you I'll get you intouch with someone near were you live. By the way our parent company is only the largest financial services company in the world with over 1.5 trillion in assets. Live Richly will give you a hint.

Merry Christmas

[gravitational 0]

1M policy issued through State Farm just over 1 year ago. They gave me more grief about scuba diving than skydiving.
Try again.

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Michael

[Treejumps 0]

PriMerica?

[sickandtwisted 0]

Have you tried the USPA issued life insurance?

http://www.uspa.org/membership/index.htm

I know very little about insurance, but I do know if you lie during the application then you are not covered. I got my policy before I started skydiving. When I tried to get additional insurance (after I started in the sport) I had the same problem. I mentioned the problem to then uspa board member Danny Page. He brought up the subject in a board meeting & the program was started. I don't know how good it is, but it is available for a fair price.

Skymama stalker #69!!!!