Steve this was life insurance and not health insurance. He had health insurance but not life insurance.
I'll probably sleep all day on my birthday.
- Thread starter MIXMASTERMACHOM
- Start date
Too expensive. At my age, it would cost $7-10,000 per year.
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I have neither -- don't have life, because I have nobody to leave it to.
Most people at age 80 don't need life insurance. Life insurance is to protect those you directly support in case you go. I would hope by age 80 that the kids are out of the house and SS and pensions/retirement and such provide for the rest.
Life insurance is generally not a great investment option.
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With pre-existing conditions, it's nearly impossible to get health care coverage unless your state has a pool system (CT had one, but it's now closed to new members), or you qualify for medicare. I was looking at some self insurance a while back and though I don't have a pre-existing condition, my cholesterol level was high (250 if I recall) and even though I wasn't on or even recommended to go on medication, no one would bite (since the doctor visit was on my record) and the cheapest coverage I could find would have cost almost 15K per year.
I'm not a fan of Obamacare, but having a pool one could buy into would have helped at that point.
DjDennis
RIP- My Dad (2011), Sister (2013) and Mum (2017)
I dont have Life Insurance either - who cares not me
oh and boy i need a holiday
its days of our lives yet again!!
oh and boy i need a holiday
its days of our lives yet again!!