I’m not up to speed as to the current regulatory and marketplace situation concerning the use of genetic testing results for life insurance underwriting decisions.Unfortunately, there is a lot of cancer in my family tree. And a potential mutation finding that isn't confirmed. So this testing would inform doing additional screenings to try and catch things earlier.
I’m hoping that posters Chardo and BruDude will weigh in here to let you know what the current situation is. I believe that they are both insurance professionals who likely know about current underwriting standards. If they don’t post on this thread, I would suggest private messaging them.
If, after they comment, you are concerned that your future insurability could be adversely affected by your genetic testing results, I’d suggest buying more life insurance now in anticipation of future family needs. You can always drop it if the insurance turns out to not be needed. Maybe $2 million of 30 year term should be available and easily affordable for you.
Statistics: Posted by Stinky — Wed Nov 27, 2024 4:08 am
