death insurance problem

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Regular Member

Date Joined May 2006
Total Posts : 137
   Posted 1/16/2007 10:18 AM (GMT -6)   
Being the honest man I am, when it was time to renew my life insurance at work and my second pesonal life insurance, I put down the addition to my life for the last year, MS.
It only took two weeks for the insurance companies to send me a letter denying my life insurance that I have been paying for some 15 years to cover my family in the event of my death. Cause listed: MS
Now I feel naked. If I get hit my a car, or drop dead because of a heart attack, neither having anything to do with family will not be able to continue as it is now, with or without my current assests.
Has anyone ran into this kind of thing? And if so, what suggestions or advise or work around have you come up with.


Veteran Member

Date Joined Jun 2005
Total Posts : 2135
   Posted 1/16/2007 10:29 AM (GMT -6)   
Shop around for life insurance -- some companies will cover you with MS, but many won't, unfortunately. We started to "self-insure" when I was diagnosed, and when my former life insurance company stopped accepting me -- we set aside in a special savings account what we were sending in premiums. When the account got large enough, we moved it over to an investment account. It's not nearly the same as a life insurance policy, but it will help, and is better than nothing...
...I am not a doctor, nor health professional, and don't pretend to be one, here.....

Veteran Member

Date Joined Mar 2006
Total Posts : 2146
   Posted 1/16/2007 11:14 AM (GMT -6)   
Hey Dog

Geez, what a kick. I'm so sorry! Seems like sometimes u just get it from every direction. As u may remember, i'm not dx'd, so haven't been denied life ins yet, but most defintely have been turned down for healt ins due to my current meds (and i suspect doc notes as well). It just stinks! I think Uppity's idea is a great one! It may not be the same as an actual ins policy, but given the amt of time u may have to invest in it, it well may cover all u'r family's needs. Best wishes to u on this. I certainly hope u can find a company who will accept u'r dx. Hummm...wonder if the MS Society could be of help on this one???
Co-Moderator, MS Forum

Regular Member

Date Joined Jun 2006
Total Posts : 329
   Posted 1/16/2007 12:18 PM (GMT -6)   
Hi All -

Maybe this is naivety of insurance talking or because I'm still new to this MS world, but from everything that I read... you don't die from MS. It can make your life a pain (yes, I know I'm putting that mildly), but I have not read anywhere that you can die from it. Why would life insurance be denied for it? I could see cancer patients being denied and I'm not saying that is right, but why MS? Boy, it sure would be nice to have someone that was well versed in the insurance world to enlighted some of us. It's sad that this is just accepted.
I not only use all the brains that I have, but all that I can borrow.
  Author: Woodrow Wilson (1856-1924), 28th U.S. President

Veteran Member

Date Joined Dec 2005
Total Posts : 896
   Posted 1/16/2007 3:16 PM (GMT -6)   
I'm in the same life insurance. I've checked into it and it is too expensive. They think if you have any kind of debilitating or chronic illness that you are a liability. I hope and pray you find some soon.
Michelle ><>
The choices you make today will determine your tomorrow.

Veteran Member

Date Joined Jun 2005
Total Posts : 1852
   Posted 1/16/2007 7:17 PM (GMT -6)   
Hi Snowdog,
    I'm sorry, it's a really rough situation but as your finding out once many insurance companies see the word MS they deny or cancel life insurance.  There are a couple of things you could check into though. 
    If anyone else in your family works, see if they can get you on their life insurance policy through their company.  Many companies offer life insurance to their employees and families with no health questions or medical exams.  This is how I was able to get my husband insured.
    If that doesn't apply to you, try contacting your local MS chapter and see if they can recommend an agent that is familiar with MS and which life insurance companies are willing to work with you. 
    Investing is a good idea too.  It might seem like a slow process but it can build quickly and give you and your family something to work with. 
    Best of luck, please let us know how you make out.
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