Saving You Money For Life

It’s understandable. You’re about to be a new parent or adding to your family. It seems logical that now is the time to be acquiring new or additional life insurance. But you’re being told that the insurance company wants you to wait until after the baby is born!??

The fact is, at some (but not all) life insurance companies, underwriters would rather not bear the albeit small, but measurable, mortality risks to the mother of delivery complications and, as such, they will sometimes “postpone” a decision on your life insurance until after the baby is born. This is even more common when a woman is in her third trimester.

So, what can you do? Of course, the best solution is to obtain the life insurance as you’re beginning to think about starting a family…before you conceive. If it’s too late for that, you need to work with a multi-carrier broker. These companies have access to numerous insurance companies, and knows which companies are more flexible about allowing you to obtain coverage during a pregnancy.

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