My Medigap insurance company(Transamerica) is no longer accepts new customers (since 2020), but still serving and renewing the policy. I am concerned since there no new customers, the only people left in the plan will be sick and older people causing a higher increase in yearly premium.
My question:
Is it time to switch insurance companies or stay the course? If I switch I am required in my state (Michigan) to do medical underwriting. I am 78 and getting on in age and not sure if I will pass the underwriting. Thanks
My question:
Is it time to switch insurance companies or stay the course? If I switch I am required in my state (Michigan) to do medical underwriting. I am 78 and getting on in age and not sure if I will pass the underwriting. Thanks