Originally Posted by Ocho
I've got a 78 year old lady that had strokes in 2012 and 2013. She had no paralysis from the strokes, but she now walks with a walker. The only option I've come to (so far) is a guaranteed issue whole life policy. Premium comes to about $307/mo
. $25k DB. They originally wanted $50k, but I don't know of anyone who will offer 50. Any other ideas or options?
All these are for 25K, immediate benefit, and assuming she's a NS and there's nothing else wrong with her. Using Florida rates.
Transamerica has a lookback of 2 years on stroke for Preferred and a 1 year lookback for Standard. Standard would be 308.50. If it's been over 2 yerars then Preferred would be 230.50.
Liberty Bankers has a 2 year lookback at 234.65
Oxford is 2 years at 218.12
5-Star is 2 years at 229.29
RNA is 2 years at 230.11