Jump to content
  • Announcements

    • olyclimber

      WELCOME TO THE CASCADECLIMBERS.COM FORUMS   02/03/18

      We have upgraded to new forum software as of late last year, and it makes everything here so much better!  It is now much easier to do pretty much anything, including write Trip Reports, sell gear, schedule climbing related events, and more. There is a new reputation system that allows for positive contributors to be recognized,  it is possible to tag content with identifiers, drag and drop in images, and it is much easier to embed multimedia content from Youtube, Vimeo, and more.  In all, the site is much more user friendly, bug free, and feature rich!   Whether you're a new user or a grizzled cascadeclimbers.com veteran, we think you'll love the new forums. Enjoy!
Sign in to follow this  
Jens

Nobody Gets Life Insurance!

Recommended Posts

I know there are a lot of people like myself that climb and have a wife and kids.

We need life insurance.

It seems that as of late, the insurance companies have it listed on all their applications "Do you climb mountains, rocks, snow, or ice?" If you say yes, you are now either denied coverage or are given an astronomical price that literally only Bill Gates could afford. If you lie, that automatically nixes the contract when you really do die.

I just got outpriced through the roof for my life insurance plan and as of this very moment, have zero life insurance.

Anyone have any ideas?

Please Help

 

 

Share this post


Link to post
Share on other sites

I think most insurance companies you will pay more in realationship to your health... I don't think all insurance companies have "Do you climb ?" on the aplication. what companies have you tried

Share this post


Link to post
Share on other sites

I went through this last year in getting life insurance. I was just totally open and honest about all the "dangerous" activities that I do (motorcycles, climbing, etc.) because I don't want my wife to be denied benefits when I just croaked for something as stupid as climbing.

 

The agent guy took notes and had me sign some type of disclosure form. In the end, it took an extra day to get approved and the price difference was really minimal. I wondered if they even noticed the disclosure because the agent said I was going to get the ol' dry corncob when it came to pricing, but it really wasn't bad at all.

 

For me, it's worth the peace of mind knowing that my family won't have to deal w/ the hassle after I kick it. wave.gif

Share this post


Link to post
Share on other sites

sumpin like "do you smoke" is gonna cost you more than a climbing habit (and cost ya in more ways than life insurnace). the limited term shit is the way to go right now.

Share this post


Link to post
Share on other sites

When I applied a few years ago, they had some additional form for me to fill out, but in the end I don't think it cost me a dime extra, because the company only charged extra for people who climbed in the Himalayas or Denali, or at least above 14K. Based on that experience, I suspect there are decent life insurance policies available for most Cascade climbers. The actuaries know that once you're over 40, you're still more likely to be one of the unexpected heart attacks than the unexpected avalanche victims.

Share this post


Link to post
Share on other sites

If you have anything to protect in case you go to meet the maker, e.g. to protect your home from getting reposesed from your partner since you can't make payments, then you need life insurance. Period.

 

I'm not an insurance salesman, but it just makes sense. People's Benefit Life offered me and my wife a really good deal and didn't care that we climb, bike, etc. PM me if you want the name/number of the agent I used. They'll come to your house if you want and run a real slick program that compares over a dozen companies and all the different policy options to get you exactly the coverage you need for a price you should afford.

 

Greg

 

Share this post


Link to post
Share on other sites

join the navy!

 

ha!

 

i don't think i would be able to travel at my own will for 6 months of they year.

 

i think i will stay a leech of society! but thanks for the offer!

 

 

Share this post


Link to post
Share on other sites
fleblebleb said:

Doesn't trask sell insurance? Where are you trask? Get in here, be useful for once! yellaf.gif

I sell Marine insurance. Not life. Good luck.

Share this post


Link to post
Share on other sites
trask said:

fleblebleb said:

Doesn't trask sell insurance? Where are you trask? Get in here, be useful for once! yellaf.gif

I sell Marine insurance. Not life. Good luck.

Well, can't you at least make up some shit then?

Share this post


Link to post
Share on other sites

so trask, if you're in the boat insurance business, maybe you can explain other marine weirdness. why does MAN have most of its mechanics and the only west coast distributor (cept for acapulco) in the seattle area?

Share this post


Link to post
Share on other sites

You talking about MAN diesels? If so, it's probably do to economics and Pac Rim Shiz, and also the fact that Seattle has the 2nd. largest boating community on the West Coast. MAN and MTU are German - go figure.

Share this post


Link to post
Share on other sites

If you're mostly worried about biting it climbing or driving to and from climbing you might consider looking into accidental death and dismemberment insurance. That's much more affordable.

 

I had no problems with my insurance wrt climbing, but I'm a GIANT group policy (Washington State public employees).

Share this post


Link to post
Share on other sites

Jens:

 

I went through this last year when the new addition to the family was on the way. You have to shop around. I received very different reactions/quotes depending on the company. USAA essentially lied to me and tripled the quote at the last minute. I ended up going with Lincoln Life and Annuity (not sure they do business in the PNW). For a better policy than USAA offered me, the price was 25% that of USAA's.

 

 

Share this post


Link to post
Share on other sites

I went through the same thing when my wife and I were looking at life insurance. We actually ended up with fairly reasonable rate from Allstate. Good luck

Share this post


Link to post
Share on other sites
mdidriksen said:

Jens:

 

I went through this last year when the new addition to the family was on the way. You have to shop around. I received very different reactions/quotes depending on the company. USAA essentially lied to me and tripled the quote at the last minute. I ended up going with Lincoln Life and Annuity (not sure they do business in the PNW). For a better policy than USAA offered me, the price was 25% that of USAA's.

 

 

I had a similar situation with USAA. I ended up switching to TIAA-CREF.

 

 

Share this post


Link to post
Share on other sites

Sorry for the picking up a dead thread but I just got a really high quote and went looking for names of some other companies to look at. What’s up with USAA? I’ve been very happy with their low-cost and really good customer service for auto and homeowner’s insurance over the years. But get this, we’re only getting enough insurance to pay off our house, and after honestly filling out the extra “climbing” questionnaire, my quote went from $134/quarter to $696/quarter. Obviously, we’ll be shopping around some more…

 

I asked the guy about it, and basically they just lump people into “climbs occasionaly” and “climbs regularly” which includes high altitude. Their questionnaire was really dumb, too, obviously written by someone who knows nothing about the sport. It was full of pointless, debatable questions like “how many rock climbs, on average, do you perform a year?” Do they mean pitches? Days? Can I count 5 30 foot sport pitches at exit 38 as one climb?

 

I think maybe they just took their scuba questionnaire and changed “dives” to “climbs”. There was a lot of space for detail about “instructional courses”, including # of hours, but only one line for “what safety equipment do you use?” Apparently, a long history of climbing without injury and the health benefits of being physically active mean nothing to them.

 

Grrrrr. Thanks for letting me get this off my chest.

 

Share this post


Link to post
Share on other sites

Forrest_M:

 

Let us know what you find out. I am going to be reviewing my insurance soon. And I need to get more life insurance now that I have a wife and house blah blah blah.

 

bigdrink.gif

Share this post


Link to post
Share on other sites

USAA IS GOING DOWN THE TUBES. MAJOR INTERAL SHAKE UP..FINANCIAL NUMBERS ARE DOWN AND SO ARE CLAIMS. IT IS TIME TO REPRIORITIZE THE COMPANY. CUT THE FAT AND MAKE THE CUSTOMERS PAY FOR THEIR SERVICES.

 

THE EMPLOYEES ARE FEELING QUITE VIOLATED NOW A DAYS THERE AS WELL.

 

MY MOM IS A MANAGER FOR THEM.

 

 

Share this post


Link to post
Share on other sites
erik said:

FINANCIAL NUMBERS ARE DOWN AND SO ARE CLAIMS

 

wouldn't claims being down be a good thing for the company?

Share this post


Link to post
Share on other sites

NO

 

THE REASON BEING IS THAT IT CREATES A LAG IN THE SYSTEM. INSURANCE COMPANIES MAKE UP PLANS FOR EVERY YEAR CREATING A BUDGET AND WHAT NOT. THEY MUST ANSWER TO THE POILICY HOLDERS AND BOARD OF TRUSTEES, IF THEIR PREDICTIONS ARE NOT RIGHT. SO THEY AXE PEOPLE, RESHIFT THE BUDGET AND WHAT NOT...CREATES HUGE ISSUES.

 

THE INSURANCE PART OF USAA IS QUITE SMALL COMPARED TO THE REST OF THE COMPANY.

 

 

Share this post


Link to post
Share on other sites

Forrest - the price difference is rediculous, but at least you can get it. I looked into getting life insurance a few years ago when I owned a house for the same reason you did and couldn't get insurance privately because I climb. Basically the advice that I was given was to max out all life insurace benefits I could get through work because they don't have the same exclusions. I was told that until I quit climbing for a period of 3 years no one would insure me. Once I'd done my time of not climbing, I could get insurance then start climbing again and they wouldn't care. Stupid system if you ask me.

Share this post


Link to post
Share on other sites

You guys are approaching this all wrong. Don't mention that you're a climber unless you're a pro. You die on the mountain and the family just says this was the first time climbing for you and that they told you not to try it. They play dumb to the whole thing.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

Sign in to follow this  

×