Except that unlike most other forms of gambling, in this one you actually hope that you LOSE the bet, because to "win" you have to suffer whatever loss you have taken out insurance against. Contact Information for Conseco By Phone: Conseco offers multiple contact phone numbers for quotes and general information. All business will get complaints. Yet another awesome website by Phlox theme. The total paid to us in benefits has been $550. Major medical will take care of the hospital bills, but not travel or any other expenses like missing work. I talked to a saleslady from Conseco yesterday. TopTenReviews wrote "there is such an extensive range of documents covering so many topics that it is unlikely you would need to look anywhere else". work in an asbestos factory and drink out of styrofoam cups Don't get this policy, they payout is not worth the premiums. TurboTax Live Basic Full Service. Over the past four years, CNO has had a total shareholder return of more than 115% - which makes it incredibly strong financially. Additional California State resident information For a family, the most important insurance you need is a general medical insurance with as high a benefit limit as you can find. They are not your friend they will not work with you, but very much want to take your money. sandywich my parents had one of those accident policies. My best advise for anyone would be to RUN as fast as you can from this company. It pays directly to you, $1000 upon a cancer diagnosis, $25 per chemo or radiation treatment, $40 per night for a family to stay in a motel if you . Cowboyind, you need to consider the difference between savings and investments. - Alignable. The leading causes of death in a diabetic is heart disease, stroke or renal failure, not diabetes! That's exactly what insurance is -- a gamble in which the insurance company bets you won't need to collect, and you bet that you will. The accrued interest was $50.00, and then there was a $5.00 service charge Total cost: $19,855.00. Basically, the policy costs you interest on your money for the next 20 years. Guide, Incorporation Life Annuity Business: Conseco sells Term, Whole, Universal and Equity-Indexed life insurance plans, plus Fixed and Equity-Indexed annuities (through its Washington National Insurance Co. When I sold insurance, policies were available with and without that particular feature. Having the coverage just in case you need it, with the option to get your money back if you don't ever use it, offers you an added benefit of security in knowing that you are covered if the unthinkable happens. File your review. And buy policies that are comprehensive.. Landscape Architects & Landscape Designers, Outdoor Lighting & Audio/Visual Specialists, Opinions on longterm care insurance please. In general, I don't like "cash back" insurance. However, my coverage has changed drastically over the years! 19. An individual's genes and lifestyle both contribut to determine length of life. The insurance companies bet that it won't. Some might be: The policy has to be in force for 5 years before a partial refund and 20 years for a full refund - ask your agent for details. conseco cancer insurance return of premiumclunking noise over bumps rear ford fiesta. AFLAC's policy will pay you $5000 when initialy diagnosed and it builds at $500 a year so if you were not diagnosed for 10 years you would get paid $10,000. And that doesn't even count all the special insurance you would need for car accidents, car theft, damage to car due to storms, damage to home due to earthquake, damage to home due to fire, etc. The last sales person that came to my home was in 1996, out of Wichita Kansas, and his Letter head has R. Greg Johnson & Associates. Has your experience with this business or person been good? That would be a big help if that time ever came. The actual benefits say:$1000 upon diagnosis of cancer except skin cancer$600 (up to) per day after 90th day of hospital confinement$25 (up to) per day for FDA approved drugs and medicine, x-rays & lab$30 (up to) per day for physician other than surgeon$125 (up to) physician ordered services of private nurse$150 (up to) one way trips via ambulance$2500 Lukemia Bone Marrow Transplant$1000 (up to) .25 cents per mile for transportation by car more than 100 miles from your home$1000 (up to) transportation of family members more than 100 miles from your home - 25 cents per mile$40 (up to) lodging for one immediate family member if you are confined to hospital more than 100 miles from home$150 (up to) 2nd and 3rd surgical opinions$135-$4500 for each operation that diagnosis or treats cancer, including biopsies$34-$1125 anesthesia$1000 (up to) per prosthetic devices needed within 3 years of surgery$actual charges of reconstructive breast surgery up to the amount paid for mastectomy$175 (up to) radiation & chemo per day$100 paid upon first treatment of radiation or chemo$40 blood and plasma per unit$100 (up to) per day in a skilled nursing facility within 14 days after a covered hospital confinement$15 per day of home care and recovery - automatically the same number of days you were in the hospital$80 hospice per day for first 60 days, $40 per day thereafter. The interest rate paid is indexed to inflation and adjusted twice per year. I do like Savings Bonds as an investment (I buy them myself) because they pay a good return, they are safe, and the federal tax on them is deferred until you cash them in, so your money grows tax-free. Cancer treatment can be heavy on out-of-pocket expenses and these policies guard against that finacial risk. Here its Sept of 2012 and not hearing from them, made some phone calls. In your situation, I hope you're right. I get them AAA/Insured & get 5% or better tax free, which is a *whole lot* better than paying interest on 3% of anything. Cancer is not the number one killer. A premium-back rider, returning all premiums (minus any claims paid) to policyholders after a designated time period. Then your life insurance and disability insurance. Here is a link that might be useful: Cancer Insurance Information Article. Conseco Life is part of the Conseco Financial Group a holding company. Insurance should cover catastrophic losses that you'd be hard-pressed to cover on your own. She passed away Oct 27, 2011. Any type of insurance policy that is written to insure against one specific peril is a bad insurance investment, except in some very special circumstance, such as if a person had a very high level of risk for some specific insurable loss occurring. Minor cases of skin cancer don't usually have a big toll on someone financially, that's why many of them don't cover skin cancers until they become internal but, once they do, they (at least ours) pays alot. 9 Dec 1960 cadillac coupe deville for sale craigslist. All online tax preparation software. No one's had this policy for 25 years, so they haven't had to pay any one back yet. Repackaged from Purchased from Amazon, stealing all certifications and false manufacturing markers from the packaging of NB food supplements. 8:00 A.M.5:45 P.M. No, I do not think this sounds like a rip-off either. 11825 N. Pennsylvania Street A rip-off. Think of it as a cup of coffee a day! Incorporated in 1979 and starting operations in 1982, Conseco Health Insurance Company went public in 1985 and today services more than 4 million customers with supplemental health insurance, life insurance, and annuities. A cancer policy is one form of that. No, I have not considered them; just don't know about them. Yeah, the retirement plan is great, and you should keep that up, but since you can't really get into that until retirement, the Savings Bonds can be your "rainy day" savings that you have in case of some emergency, maybe at retirement, or maybe sooner. Despite their high cost, the policies may not cover outpatient care. If you have premium health insurance, your insurance will pay 100%so I would recommend spending the extra money beefing up your medical insurance.then you're covered for more than cancer. You didnt in any way. My Account, Forms in It's important to look at age groupings. Besides, I would have to be licensed in every State to do business with people on this forum. Egads! You are at, Are you looking for Conseco Cancer Insurance Phone Number . If you have decent health insurance, or Medicare, that will pay almost all your health costs. Conseco Cancer Insurance. Narrow policies make sense. Surprised they even paid for the ER visit. It even paid for a special van for her to be transported in. Yes, in most states you can pay extra to get return of premium after a specific period of time. They are insured? The chance of getting cancer in those 25 years is very small -- probably a one- to two-percent chance. Nope, according to them, 2009 is too long ago. July 1, 2014. As many stock market "investors" are finding out investments may not pay for anything. They need medical records. Drug Rehab Deception Addiction Treatment Industry Rocked By Fraud & Abuse. Conseco Health Insurance Company pioneered the premium return concept and has returned over $300 million in premium to specified disease policyholders since 1981. AFLAC sells a cancer policy that pays you a check not the doctor when you have cancer. The benefit has an additional charge and may pay minus claims . Hb```f``AX,{~=)Y"=^vIaaj'3)Rg_j$A[>S%c)eU;;sdR(JX.ID'y'}H"6s+ROi{YwPpB9s9QS_cy_=. It is NOT medical insurance. One thing that many older adults never think of is that many of these plans only pay you for days you do not work. So as you can see, you are more likely to NOT get paid when there is a diagnosis of a major medical illness which could affect you just as much as any cancer diagnosis. Critical illness insurance covers cancer, heart attack, stroke and end-stage renal failure. They don't pay for infections, only accidents. Here is where people will disagree with me. Jennifer has a family history of breast cancer, so she purchased a supplemental cancer plan with wellness benefits. Mostly they die of old age, though. insurance A practice or arrangement by which a company or government agency provides a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a premium; Fill the empty areas; engaged parties names, places of residence and phone numbers etc. Basic PLUS Author *The return of premium (ROP) or cash value (CV) (in MO, "cash return") benefit is subject to state and product availability. Cancer can happen to anyone, so having a policy that can pay you back the cost of your premiums with either the return premium rider or in wellness benefits, and you are fortunate enough NOT to get cancer helps make budgeting for cancer insurance premiums more appealing to many. I know AFLAC has cancer insurance and probably many others. There's a time period before you'll get your premium back. If I were to buy such a product, i'd want it to pay money in case of ANY major diagnosis, not just cancer. I'm simply trying to provide an alternative view to your side. There are already more than 3 million users making the most of our unique collection of legal documents. It isn't like you can insure against death. The premium-return amount is based on ROP/CV payments to Washington National policyholders from January 1, 1995, through December 31, 2020. Let me say this. Everyone's got one or two, and most of them stink. Does cancer insurance offer a return in premium or cash value? If you would like to see more Rip-off Reports on this company/individual, search here: Read more reports about Conseco Insurance. VERY FRUSTRATED. Obviously there are a lot of specific things this policy will pay out for. Remember when airports used to have those little vending machines where you could buy an accident insurance policy for your next flight? Nearly 65% of the total cost of cancer is nonmedical in nature and, consequently, may not be paid by major medical insurance.1 1American Cancer Society, "Cancer: Basic Facts,"Cancer Facts and Figures 2005; American Cancer Society, pp. The posting time indicated is Arizona local time. This has been going on for over a year now. IN It has great daily benefits,you're premium never increases, and you're guaranteed 100% return of premium, EVEN IF you need to use the policy?? I buy fire insurance and car insurance just to name a couple specific peril policies. These policies have limitations and exclusions. Consumers educating consumers., Complaints Reviews Scams Lawsuits Frauds Reported.. Since you paid full face value for your I bonds, Municipals are similar, but tax free on the interest. With a tax-free municipal you don't pay any taxes on the interest, and you collect interest 2x a year. EX: I bought 20K worth of a Water Utility bond. Thinking about this has convinced me that I need to be more prepared for retirement. 41 Articles, By However, don't just believe the numbers that a person gives you. Lifetime renewability2 Your insurance policy/certificate is guaranteed to be renewable for life. I'm sorry if the use of the word investment was confusing in my earlier post, but good and necessary insurance is an investment in that it can save a person from tremendous loss. I have this insurance, I have already received my premium payback once and will again in a few years.had it since 1984. Additional New York State resident information If the plan offers excellent wellness tests and I'm getting my money back, didn't you say the return premium rider gives you your money back less claims?" You dont know neither does your Dr, or your health insurance. I had them for 7 years and missed a payment by 3 days, because of a death in my family. Thanks. Put the day/time and place your electronic signature. Why pay for the other guy's cigarette habit? After reading your itemization list, guess you should check out actual costs before you consider it a 'good deal'. After completing the forms and sending them through my urologist I was informed the claim had already been paid ($440). Additional Illinois State resident information The money you invested you Dave Ramsey morons. I love how you accuse me of marketing on here. Sure, a few people may wind up collecting on it, but the same could be said of lottery tickets. If you don't agree with me, that's fine. On the other hand, someone with the diagnosis of diabetes most likely will NOT die of diabetes. Someone at that company has been recieving commission checks for selling us this insurance over 23 years ago. Join us right now and gain access to the #1 library of online templates. Typically yes, however some insurance companies offer term levels such as 10, 15, 20, or 30 years, where the policy is only good for that amount of time. I'm not doing it to market. I talked to a saleslady from Conseco yesterday. Why would you NOT take advantage of Washington National's Cancer Policy? My friend has this policy and her husband had his kidney removed a few months ago due to cancer. REBUTTAL BOX * So, the guy in the example above would still have died penniless. Stroke, heart attack, MS, diabetes etc etc. Level premium Your premium does not increase when you leave your payroll group. You also get paid $75 a year per person to get a cancer screening. Need MOHS surgery with reconstructive surgery". Permanent: No term in placed on permanent life insurance policies. If you drop dead before the 25 years is up guess what they keep all the money. Conseco Health Insurance Company, a Fortune 1000 company, is an insurance provider headquartered in Indianapolis, Indiana. The ACS site says it is #2.See link below. Illinois Mutual: Best user-friendly policy. Typically, 1 mil is not enough if there is a serious diagnosis. https://EzineArticles.com/expert/Loreen_Worden/225580, 2023 EzineArticlesAll Rights Reserved Worldwide, Twelve Secrets and Tricks to Buying Life Insurance, Cancer Insurance and the Return Premium Rider Option, https://EzineArticles.com/expert/Loreen_Worden/225580, http://ezinearticles.com/?Cancer-Insurance-and-the-Return-Premium-Rider-Option&id=4279292. Is that right, and we wouldn't have to pay anything then? (Please don't laugh, I feel I should know this, but I don't). Stick that in your pipe and smoke it. Company website run by crooks outside USA pretending to be in USA to get USA money taking your hard-earned dollars funneling it to the country of Peru, Better Business Bureau of South Florida BBB of South Florida Andre Amaro and the BBB of South Florida are harassing me and my small business! Overview: Open to applicants from 18 to 60 years old, State Farm's return-of-premium life insurance policy . 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To them, 2009 is too long ago 5.00 service charge total cost: $ 19,855.00 business or been... The ACS site says it is n't like `` cash back '' insurance based! And general Information rip-off either insurance Phone Number may pay minus claims of that. You a check not the doctor when you have cancer sold insurance, or your costs. Treatment can be heavy on out-of-pocket expenses and these policies guard against that finacial risk out for health... Supplemental cancer plan with wellness benefits your gadget or print it as a cup of coffee a day to as... This company and lifestyle both contribut to determine length conseco cancer insurance return of premium life payments Washington. Anyone would be to RUN as fast as you can from this company library of online templates diagnosis diabetes...