I just saw on the news that Warren Buffett was diagnosed with stage 1 prostate cancer.

The good news for Warren is that a stage 1 prostate cancer diagnosis is very treatable, or in many cases, a “watch and wait” scenario may be available to him as well.

In fact, from a life insurance underwriting standpoint it is possible for Warren to obtain life insurance and depending on his overall health, there are some life insurance companies that consider insureds with stage 1 prostate cancers for standard plus life insurance rates with no additional table rating or flat extra assigned.

The most ideal life insurance candidates that underwriters look for are men age 60 or older who had stage 1 prostate cancers or stage 2 prostate cancers with PSA levels less than 20 and gleason grades of 6 or less.

As the number 1 prostate cancer life insurance experts, LifeInsuranceAdvisors.com can help you with your prostate cancer survivor life insurance needs.  For a Free, No Pressure, No Obligation life insurance quote, get a FREE prostate cancer survivors life insurance quote today.

If you are a prostate cancer survivor and need life insurance, one of the major players in prostate cancer underwriting recently improved their underwriting.

FREE Prostate Cancer Life Insurance Quote

It may now be possible in a limited number of life insurance cases to obtain “preferred non-tobacco” life insurance rates.

If it has been more than 1 year since completion of your prostate cancer treatment and you meet the underwriting guidelines, preferred may be available.

What is the life insurance underwriter looking for:

• Age 60 or older
• Stage 1 prostate cancers treated by radical prostatectomy.
• Pre-operation PSA level less than 10.
• Gleason Score of 6 or less

FREE Prostate Cancer Life Insurance Quote

There is never any pressure or obligation with our service.  A knowledgeable agent will contact you to discuss your specific situation and to provide you with accurate life insurance quotes based on the information you provide.

According to Malcolm Cheung, vice president of long term care at Prudential -

“the decision to exit the individual long term care business reflects the challenging economics of the individual market.”

Interesting….Is it possible that Prudential underpriced their long term care products in order to lure consumers with attractively priced LTC?????  What happens now to the consumers who purchased long term care insurance, only to see their company exit the market?

Interestingly enough, there was a recent article in the Washington Post that contained some eye opening comments from none other than Sandy Praeger, who is the Kansas Insurance Commissioner and also heads the National Association of Insurance Commissioners health and managed care committee.

In the Washington Post article, Commissioner Praeger indicated that one of the key concerns of consumers is the rise of premiums…”it’s probably the most frequent complaint I hear,” says Praeger.

But those aren’t the eye opening comments….What Praeger said next may be foretelling of the long term care insurance industry in the future…direct from the Washington Post article…

 “The problem is, the older policies weren’t priced right to begin with. Companies expected about 8 percent of customers to stop paying their premiums, when, in fact the lapse rate is closer to 2 percent.”  

That meant the insurers had to cover more beneficiaries than they expected at a time when the economic downturn has meant less return on their investments.

Praeger acknowledges that rate increase requests have posed a dilemma for insurance commissioners. “If we don’t give them the rate increase they need, the insurance carriers could become financially impaired, and that doesn’t help people,” she says. In fact, in recent years, a number of companies have stopped selling policies. As a result, she adds, it’s hard to turn the increases down.

So, if you are a consumer with a long term care policy from any company who is no longer writing long term care insurance, what do you think will happen to your premiums in the future??? It sounds like the long term care insurance industry already knows…

Every now and then we encounter a company executive getting ready for their initial public offering.

Things are going great, your company is growing, you may have received some initial funding and now your are ready for the next stage – going public.

It’s exciting…..But there are concerns and risks to the financial underwriters that only a well thought out business life insurance policy can address.

You are the engine behind your company, without you the level of interest in your company wouldn’t be the same.

So what happens if you died during the IPO process?  

Investors lose money, maybe the company doesn’t go public, or the valuation is lower, interest in the IPO wanes, etc.. any of these are realistic scenarios.

A business life insurance policy can address this issue and keep you moving forward to your IPO.

The primary issues that adversely affect an IPO in need of life insurance are:

• The company valuation.  The folks underwriting your IPO will be looking for you to have millions of life insurance in place…as a startup, IPO, etc..the valuation of the company may not justify the amount of business life insurance wanted….we’ll help you put it together whether working with multiple companies, a lead company, reinsurers, etc..whatever it takes to get it done, we will help you.
• The second issue that derails life insurance underwriting are health impairments that the key executives may have…what if you have been told that your executive is not insurable…..what do you do?  We know the experts in impaired risk life insurance underwriting, and help is not far away.

Most prostate cancers are slow growing and for men age 70 or older, sometimes the best course of action is to “watch & wait” the prostate cancer rather than perform prostate surgery or radiation treatment.

In the past, nothing would put a stop to life insurance underwriting faster than the common prostate cancer scenario of “watch and wait.”

Life insurance underwriting for prostate cancer survivors can be aggressive and the offers have been very good if the insured had prostate cancer, had prostate cancer treatment, and no longer has prostate cancer…..But what about men who were advised by their doctor to watch and wait?  How does life insurance underwriting handle watch and wait scenarios?

Most life insurance companies have made it easy to understand their underwriting….they simply decline you for life insurance….but no more.

There are now a few life insurance companies available that recognize watch and wait as a viable underwriting scenario.

If you are a male age 70 or older with prostate cancer, we may have a life insurance company available to you that will offer life insurance even with a watch and wait diagnosis.

Get a FREE Watch and Wait Life Insurance Quote Today.

As the owners of the number 1 diabetes life insurance websites in the U.S., we track diabetes underwriting religiously, always on the lookout for updates from life insurance companies that specialize in diabetes.

We received a press release today from a competitor about diabetes underwriting updates and how there are now a few companies available that will consider insureds for better than average rates.

Great News….The only problem is that its not new diabetes life insurance underwriting, its a competitor coming late to the game….again.

As our readers will tell you, we broke this story about great rates for diabetics in October 2011 – The article is here for your reading pleasure - http://directquotesamerica.com/2011/10/30/great-deal-for-type-2-diabetes/

As always, when you want the best and most current diabetes life insurance underwriting info, come to the experts – Diabetes Life Insurance

Thanksgiving is known as the “Preferred Best Rate Killer”  for good reason.

The average person gains 5 pounds during the holiday season from all the holiday cheer!

With term life insurance companies, you need to meet their underwriting guidelines for build, blood pressure, blood lab results, cholesterol levels, etc..

If you are looking to get the preferred best life insurance rates or super preferred life insurance rates, you absolutely need to meet the companies underwriting cutoffs, or else…..

You will end up paying 20% more for your life insurance!

And you’ll be thinking about that turkey for the next 20 years of your term life policy!

If you have a paramed exam scheduled for Black Friday, do yourself a favor and reschedule it now…Here’s why:

The following Turkey Day Killers are gonna get you:

• Turkey – probably the least sinister of the group, unless you like the skin…there goes your cholesterol.
• Gravy – did you ever watch what grandma puts into the gravy?  Your cholesterol is going up just from thinking how good it will be.
• Mash Potatoes – It’s not the potatoes, it’s the 10 pounds of butter that were mixed in them to make them taste soooo good!
• Cranberry Molds – They look so good, wait to you see what happens to your blood sugar levels!
• Dinner rolls – you know the kind…they’re so good you don’t need butter but you put it on anyway.
• Stuffing – What is stuffing made from??? All I know is that the gravy, salt, bread, and everything else make it taste awesome.

Thirsty yet?

How about a couple glasses of wine to wash it down?  Just an fyi that alcohol raises your liver enzyme levels, and nothing kills a life insurance case quicker than elevated liver enzymes!

We are almost ready for dessert:

Where do we start??  Does it really matter by this time?

Do yourself a favor and reschedule your paramed exam until another date and you will improve your chances for getting the life insurance rates you desire.

Now go have some apple pie!

It’s expensive, right?  I understand as we have 4 kids.

I saw an article on CNN today, and they were discussing the average cost to raise a child these days….According to this article, the average cost to raise a child to adulthood is $226,920!

That’s a lot of money and will be difficult to do if you or your significant other are no longer here.

When planning for children, life insurance always comes up during these times.  It’s a natural instinct to want to protect your family and provide for them in the event you are not here.

Term life insurance is a great option for this.  For starters, you can buy a term life insurance policy that will provide you with coverage long enough for your kids to grow up, move out and start their own life…..and guess what?

Term life insurance is inexpensive… Get a FREE Term Life Quote Today!

I read an article today on Time about the use of mental health drugs in America.

Time referenced an article  - “America’s State of Mind”, authored by Medco Health Solutions.

For now, I’ll ignore the fact that Medco is watching you like “big brother”, studying, analyzing, and most likely considering price increases for your future prescription health plan!

What caught my attention is that in the article, Medco’s studies indicate that more than 1 in 5 Americans use some form of medication such as anti-depressants, anti-anxiety, ADHD, or anti-psychotic medication.

From a life insurance underwriting standpoint, we have seen the increase first hand in the number of consumers taking medication for anxiety, depression, ADHD as well as other psychological disorders.

The good news is that we see a better understanding and acceptance of these medications by life insurance underwriters.

10 years ago if you took an anti-depressant medication, most life insurance companies would only offer you their “standard” life insurance rates.

Today, we routinely see life insurance companies offer their “preferred” rates and in many cases we see them offer their “preferred best” life insurance rates.

The key to obtaining life insurance at the best possible rates based on your history is to work with an expert who understands your health situation and knows which life insurance company will be best for you….That’s where we can help you.

If you would like a FREE, no pressure no obligation life insurance quote, please complete our Mental Health Life Insurance Quote Request

What do underwriters look for when underwriting people with high blood pressure?

Life insurance underwriters want to know about all health issues, your height and weight, any other medications you may take, as well as what you are doing to maintain or improve your health.

Specifically, the underwriter will want to know:

• Why did you start taking blood pressure medication? Obviously because your blood pressure was elevated, but was there another issue involved?
• What blood pressure medication do you take?
• What is your blood pressure medication dosage?
• Do you smoke?
• What steps have you taken to improve your blood pressure?
• What are your blood pressure readings?

From a life insurance standpoint, you will take a paramed exam as part of the life insurance process.  An important tip for you is to make sure you schedule your paramed exam on a day and time that will yield the best possible blood pressure results.

Keep in mind that well controlled blood pressure even on blood pressure medication may still allow you to get the best life insurance rate classes.

For more information, visit this blood pressure life insurance expert for additional details.