My life insurance rep refuses to talk to me because I'm dealing with a viatical

[sparrowhawk]

What is the name of your state: Nevada

I am a stage 4 breast cancer patient with a $25,000 group life insurance policy that was on a disability premium waiver. Now that it's off the waiver, I need it converted to an individual policy.

A viatical company has offered to buy my insurance policy, contingent on getting the policy converted to an individual policy. My local insurance rep found out that I am dealing with a viatical.

The rep says that the insurance company does not endorse viaticals, so he won't help me convert the policy. The company won't give me a new insurance agent.

The conversion must happen soon or I lose the policy altogether, which means no cash from the viatical AND no life insurance policy. Help!!

 

[Betty]

Can you call the ins. co. & ask to speak to a mgr. (or someone higher up)
& see if they will deal with your directly & see what they say about what
you want to do?

 

[Snowmen321]

The conversion must happen soon or I lose the policy altogether, which means no cash from the viatical AND no life insurance policy. Help!!

Oh no, sounds like a very frusterating situation, I wish you all the best and hope it works out!

 

[Betty]

Your post didn't really help the OP. (part deleted by moderator)

We all hope it works out.