Wait, so if you didn't detox for three months then it would just cost 2k more over the course of 10 years? So an extra $200 per year so you can smoke....? If your in the market for life insurance $200 more per year shouldn't be a big deal for you.
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Marijuana and Life Insurance
- Thread starter Suby
- Start date
Wait, so if you didn't detox for three months then it would just cost 2k more over the course of 10 years? So an extra $200 per year so you can smoke....? If your in the market for life insurance $200 more per year shouldn't be a big deal for you.
No it`s not abig deal, I can live with 200$ extra.
The way to figure out how much you need was to take the total amount owing on my house and add to that my salary X how many years until my daughters 25th birthday, it worked out to more than that but my house has doubled in value since I bought it and my wife takes home more than I do and I have a 60K policy under her employers health benefits plan.
I am not goin cheap by any means but like any family we are on a fixed income, if times got really tough I could commercial op like I used to ( damn those where the days).
Oh well it seems peace of mind comes at a price, having already shut down my small commercial op a few years back the 200$ extra a year seems very little.
I have a meeting with the broker early next week, I am just trying to get all my options lined up and my mind straight on what I should do.
The way to figure out how much you need was to take the total amount owing on my house and add to that my salary X how many years until my daughters 25th birthday, it worked out to more than that but my house has doubled in value since I bought it and my wife takes home more than I do and I have a 60K policy under her employers health benefits plan.
I am not goin cheap by any means but like any family we are on a fixed income, if times got really tough I could commercial op like I used to ( damn those where the days).
Oh well it seems peace of mind comes at a price, having already shut down my small commercial op a few years back the 200$ extra a year seems very little.
I have a meeting with the broker early next week, I am just trying to get all my options lined up and my mind straight on what I should do.
I just went online and got some quotes, it`s a little different than what I though.
Non smoker for my age 10 year term for 500K is 320$ a year.
Smoker was 843$ a year, that`s quite the fucking leap there and I am earl 30`s, that jump will be even more drastic when I reach 40-50 and so on...
Non smoker for my age 10 year term for 500K is 320$ a year.
Smoker was 843$ a year, that`s quite the fucking leap there and I am earl 30`s, that jump will be even more drastic when I reach 40-50 and so on...
Fortunately it is almost certain that you will not die from cannabis, in the next two years or ever. With a 500k policy you'll want to be as honest as possible filling out the application. I don't see it as much of a risk to lie about cannabis. I really think the LI companies that test for that are more worried about the insured being a risk taker. They'll ask you stuff like have you ever jumped out of a plane. Again, not all companies test for cannabis while they do test for cocaine and nicotine. I know that from experience.
GrassRoots
Active member
Suby, unfortunately I don't have an answer for your other questions. I wasn't on that end of the business. I'm going to have to agree with some of these other answers though and say it's not likely that if you die within a couple of years that IF they find weed in your system that they wouldn't pay out. I think the term we asked was "do you use cocaine or any other illegal drugs" so in that case you can't get around "smoking." However, how could they prove you lied? Maybe at the time you didn't use marijuana and after said time you started using marijuana. Or maybe your wife spiked the meatballs with ganja butter a few days before you died? I think the best thing you can do is have your spouse prepared to handle this in the event you die. Her words at that time would seem the most likely way to NOT get paid. Example.
*Investigator- "We KNOW he smokes weed! We found it in his system, you can't deny that he lied on the application"
*Sad Widow- "Yeah, but he would NEVER drive high, I'm sure weed wasn't the cause!"(blah, blah, fill in your own mistake here)
DENIED
*Investigator- "We KNOW he smokes weed! We found it in his system, you can't deny that he lied on the application"
*Informed Sad Widow- "I don't believe he ever smoked weed once in his life, I'm contacting my attorney"
*Attorney- (pulls his legal BS)
$$PAID$$
Remember, this is just a guess. But I really believe her words are the most likely thing to get your claim denied if you die within a couple years. Remember, it's not likely that you'll be dying in the next couple years. At least, I hope not Suby!
Bottom line Suby, you can be honest and you'll pay more, but you'll be assured that for the next 2 years you don't have to worry about your wife not getting paid out if you die. The obvious downside is you'll be paying (probably double) more for the next 10-20-30 years (however long your term is).
You can lie but you've got to cover your bases the best you can just in case you die within the next couple.
I'd lie.
*Investigator- "We KNOW he smokes weed! We found it in his system, you can't deny that he lied on the application"
*Sad Widow- "Yeah, but he would NEVER drive high, I'm sure weed wasn't the cause!"(blah, blah, fill in your own mistake here)
DENIED
*Investigator- "We KNOW he smokes weed! We found it in his system, you can't deny that he lied on the application"
*Informed Sad Widow- "I don't believe he ever smoked weed once in his life, I'm contacting my attorney"
*Attorney- (pulls his legal BS)
$$PAID$$
Remember, this is just a guess. But I really believe her words are the most likely thing to get your claim denied if you die within a couple years. Remember, it's not likely that you'll be dying in the next couple years. At least, I hope not Suby!
Bottom line Suby, you can be honest and you'll pay more, but you'll be assured that for the next 2 years you don't have to worry about your wife not getting paid out if you die. The obvious downside is you'll be paying (probably double) more for the next 10-20-30 years (however long your term is).
You can lie but you've got to cover your bases the best you can just in case you die within the next couple.
I'd lie.
This me laugh like hell.
You guys have been very patient with me, I am goint to request a sample questionaire before authorizing a visit from the nurse.
Chances are I am going to deny all drug and tobacco use and try not to wrap my ass around a tree for the next 2 years.
I have a lawyer friend whom I will contact about this, her BF is a toker so she`ll be open to this.
Any other information is welcome, I have awhile before this all get settled.
Thank you all again.
Che if I am not mistaken your a Kanuk too, with the snow we`ve been getting I`m safer in an AWD then any other piece of shit.
I just dumped a brand new engine in my baby I am not trading it unless you have an Audi A4 with a V6 in init lol.
You`d be disappointed in my ride, it`s a slightly moded 2.5RS, nothing special and cheap on gas considering the AWD, it`s all about the driver in my book.
Now I have a used engine to do a complete rebuild with, that could get me in the 200`s and in trouble for sure.
I haven`t had a single speeding ticket in the last 3 years, thanks to my daughter I am much more carefull.
I still like using the handbrake whenever I can though, I want double HB setup (one left and one right bias) with a sequential gearbox like Colin McRae has in his 555, he is my driving idol, not until the contestability periode is over I guess lol.
Damn I can`t help but rant about cars
I just dumped a brand new engine in my baby I am not trading it unless you have an Audi A4 with a V6 in init lol.
You`d be disappointed in my ride, it`s a slightly moded 2.5RS, nothing special and cheap on gas considering the AWD, it`s all about the driver in my book.
Now I have a used engine to do a complete rebuild with, that could get me in the 200`s and in trouble for sure.
I haven`t had a single speeding ticket in the last 3 years, thanks to my daughter I am much more carefull.
I still like using the handbrake whenever I can though, I want double HB setup (one left and one right bias) with a sequential gearbox like Colin McRae has in his 555, he is my driving idol, not until the contestability periode is over I guess lol.
Damn I can`t help but rant about cars
Hehe.. I don't want to get to into detail on this board, but yeah I'm a canuck, and like you I have the sports compact sickness. I have a 20v Turbo VAG car, a little modified but no AWD. I don't bother driving it in the winter because of the salt, and lack of awd, so I have a beater domestic sedan that's used for winter duty.
I like off roading too but my truck is a POS and perpetually out of commission.
Your 2.5RS sounds like fun, I really do love those. I considered getting one for my first car but found a better deal on a turbo vw. Should have got the subie, it would have been more reliable!
I like off roading too but my truck is a POS and perpetually out of commission.
Your 2.5RS sounds like fun, I really do love those. I considered getting one for my first car but found a better deal on a turbo vw. Should have got the subie, it would have been more reliable!
Wow, modify the conversations a bit to between a cop and a suspect, and substitute 'convicted' for 'denied' and 'walk' for 'paid'.
GrassRoots
Active member
Hey Suby, let us know what the lawyer friend says. Thanks!
Dr. Smokepuma
Member
yes the life insurance company can, request drug test ect.. if the payout is large. if same 20-30g's No. but if a car or some other accidental death they will and in this day and age Every insurance company and company in gereral will try not to pay they will go through medical records to justify not paying
time is on there side.....
Dr. Smokepuma, why is it that I think that you've never purchased life insurance, done any kind of study on what they can and can't in fact do, and are just regurgitating 'big corporations are out to screw everyone' nonsense?
Please explain to me how a LIC can deny a claim based on cannabis in the blood. There is no part of either my wife's or my LI policies that require us to be drug free, and we never agreed to such. The only way to deny such a claim is within the first two years, and that get all premiums paid returned if they are able to prevail. The LIC is still going to have to prove that you lied on the application.
Here's a real life example. When I bought my policy they asked if I drank alcohol excessively. At the time I didn't drink at all, and honestly answered the question no. Subsequently I suffered a business failure and became a stumblebum of an alcoholic. Is it your submission that had I killed myself while DUI that the company could have not paid? Because that is incorrect.
Really, you don't need to be scared of corporations. The ones that make the most money provide superior service and products to their customers, which make their lives easier. The best way to become stinking wealthy is to figure out how to save or make a lot of people money or somehow enrich their lives. Once you become aware that there are lots of corporations doing just that, the argument that corporations are somehow inherently evil pick pockets falls on its face. Yes indeed, there are corporations that are systemic pick pockets. They are run by short sighted people, and inevitably make less money.
Please explain to me how a LIC can deny a claim based on cannabis in the blood. There is no part of either my wife's or my LI policies that require us to be drug free, and we never agreed to such. The only way to deny such a claim is within the first two years, and that get all premiums paid returned if they are able to prevail. The LIC is still going to have to prove that you lied on the application.
Here's a real life example. When I bought my policy they asked if I drank alcohol excessively. At the time I didn't drink at all, and honestly answered the question no. Subsequently I suffered a business failure and became a stumblebum of an alcoholic. Is it your submission that had I killed myself while DUI that the company could have not paid? Because that is incorrect.
Really, you don't need to be scared of corporations. The ones that make the most money provide superior service and products to their customers, which make their lives easier. The best way to become stinking wealthy is to figure out how to save or make a lot of people money or somehow enrich their lives. Once you become aware that there are lots of corporations doing just that, the argument that corporations are somehow inherently evil pick pockets falls on its face. Yes indeed, there are corporations that are systemic pick pockets. They are run by short sighted people, and inevitably make less money.
Hey all,
I dunno how to say this but I've been dignosed with an agressive cancer so all bets are off.
I was admited to the emergy and learned I have Lymphoblastic Lymphoma, my prognosis to curig with no relapse is good but I am undergoing HEAVY chemo and radiation treatment.
I am living an irony here than is the stuff of books, I was 1 week from testing and here I am practically un-insurable for at least 5+ years until I show signs of remission and the fees will be murder one way or another.
For thos who want to reach out or wish me luck I'll have a thread in the medical forum but I will not be posting in any other thread until this ordeal is over, I need to keep my head and spirit in the game and let the staff do their thing.
Be well my friends.
Suby
I dunno how to say this but I've been dignosed with an agressive cancer so all bets are off.
I was admited to the emergy and learned I have Lymphoblastic Lymphoma, my prognosis to curig with no relapse is good but I am undergoing HEAVY chemo and radiation treatment.
I am living an irony here than is the stuff of books, I was 1 week from testing and here I am practically un-insurable for at least 5+ years until I show signs of remission and the fees will be murder one way or another.
For thos who want to reach out or wish me luck I'll have a thread in the medical forum but I will not be posting in any other thread until this ordeal is over, I need to keep my head and spirit in the game and let the staff do their thing.
Be well my friends.
Suby
GrassRoots
Active member
I am also very sorry to hear this news Suby. Glad to hear the prognosis is good and it sounds like you have the right attitude to go at this and defeat it head on. Wishing you all the best Suby.
L
Luv2Blaze
damn Suby soooo truly sorry to hear about your sad news. I'm a young father and just got life insurance for $2 mill 20 yrs at $100.46 per/moth and they did test me.
I got a copy of the test as did my doctor and there was a test for cocaine which was 0% as well as nicotine 0% although I quit sigs before I had kids over 3 yrs ago.
I was worried about the bud smoking which is my nightly routine to relax and watch some TV with the wife.
Nothing about bud smoking in the test thank god!!
I went through www.accuquotelife.com
again truly saddened by your news and hope you make a full recovery, keep your head high!
I got a copy of the test as did my doctor and there was a test for cocaine which was 0% as well as nicotine 0% although I quit sigs before I had kids over 3 yrs ago.
I was worried about the bud smoking which is my nightly routine to relax and watch some TV with the wife.
Nothing about bud smoking in the test thank god!!
I went through www.accuquotelife.com
again truly saddened by your news and hope you make a full recovery, keep your head high!
