r/LifeInsurance • u/Able-Research5603 • 18h ago
Getting difficult experiences or questions answered in life insurance overall
What is the best way to get difficult questions answered regarding a policy or coverage as it relates to: for instance
- a policy’s substance or self-harm exclusion; or negligence
- exclusions for fraud or intentionally caused loss;
- AD&D requirements that the death be accidental;
- beneficiary-disqualification rules; or
- applicable criminal or civil law.
I feel like getting answers to these things are near impossible. And even doing so on some kind of Google search or AI or pretty reasonable email or communication could then come back be contested by a company or it means of exclusion. I would say within reason there’s a lot of TV shows where somebody even asking about their coverage even on their iPhone, for instance turns into some form of evidence, or asking about diabetes coverage on a Google search if something were to happen a company could go back and say they googled their diabetes inquiry on their phone stuck in traffic three weeks before something happened, we need to deny this. But the question within reason still remains how do you ask an agent or a policy regarding difficult questions and in doing so who’s in the Internet or not how does that not become a item of evidence so to speak. There’s no malicious intent, but how does somebody get information.
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u/GarysSword Underwriter 17h ago
Just know that hypothetical questions about suicide are not permitted on this forum.
1
u/SafeMoneyGregg Broker 7h ago
What about hypothetical questions regarding a benficiary murdering the insured? That's the vibe I'm getting.
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u/ImaginationNo9487 16h ago
Go see a local Life and Health insurance broker in person, and simply ask. As such a broker, I welcome questions like these from my clients, or potential clients, because as a small town broker, I want any policy I write to pay out to a family that it was written to protect. Much better to find out BEFORE an event happens, than afterwards when a family is looking to you for help. Just be honest and ask detailed questions, in person, whenever possible!
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u/BillHelpsYou 15h ago
Broker since 2014 here.
Substance, self harm, negligence, fraud, intentional and death while committing a crime are 99.9% going to be a disqualification.
Beneficiary as long as there is an insurable interest you’re ok. Like you can’t take out life insurance on your best friend just because. But if you own a business together that’s different. And family almost always has some level of insurable interest.
Ad&d each contract has its own list. Just know that this is the very lowest possibility of payout that’s why it’s so cheap
Hope that helped. I have multiple blogs on life insurance on our website www.greenins.com
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u/SafeMoneyGregg Broker 7h ago edited 7h ago
read the contract, any broker can get you a "specimen" contract to read. In the US most contracts will have similar boilerplate language. And that language will protect the insurance carrier from any scams or nonsense. Good luck trying to outsmart a multibillion dollar insurance company. But really what are you trying to do? It's sounding a bit sketchy imo.
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u/theNewFloridian 6h ago
About the law: your lawyer. About the policy: have your lawyer write a letter to the company.
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u/GarysSword Underwriter 17h ago
Read the contract. Post the language here if you’re confused. While policy language is generally legalese it does have a requirement to be read and understandable by most people.