life insurance while in Chapter 13

[chp13]

Will I be denied for life insurance siince I'm currently in chapter 13? How does this work?

[IamOld]

Life insurance is NOT issued based upon credit, but upon:

a) your age
b) health as indicated by you on the app form and/or physical exam provided by ins co and/or info from the MIB (medical information bureau...forget the exact name) a clearing house for ins apps.

PERIOD.

Go use a GOOD insurance agent...sometimes you can get additional voluntary life ins through your employer - that is where I'd start and/or with whomever has your house and/or car ins.

[Pandora]

Life insurance is NOT issued based upon credit, ..

you need to double check on that.... FCRA states differently....

Section 604 contains a list of the permissible purposes under the law, specifically Section 604(a)(3)(C) (underwriting of insurance as a result of an application from a consumer)

[IamOld]

this I know because I work for the industry...credit scores are not used...at least not yet :-)

[lrprn]

FoxBusiness agrees with IAmOld - life insurance availability and pricing is not based on credit scores, although other types of insurance - specifically auto insurance - can be in most states (but not all) - http://www.foxbusiness.com/personal-...surance-score/

[IamOld]

FoxBusiness agrees with IAmOld - life insurance availability and pricing is not based on credit scores, although other types of insurance - specifically auto insurance - can be in most states (but not all) - http://www.foxbusiness.com/personal-...surance-score/

NOOOO - I don't want to agree with Foxbusiness nooo!!! :-)

But seriously - yep, I will vouch for that on behalf of the industry!

[chp13]

This is all good info. Now its time for me to look for some life insurance!!!

[IamOld]

RIght! If you have thru work try there first - then try thru your EXISTING life/auto/home insurer.

Otherwise I can recommend MetLife and Liberty Mutual (no I don't work for either but have worked with both for MANY years).