I was refused the opportunity to raise my life insurance coverage amounts, and this was with the U.S. Postal Service, who was my employer until I retired. I was told that if I ever dropped my coverage I wouldn’t qualify to reinstate it because of my Graves’ Disease. When I told the agent that my Graves’ had been treated and that statics showed it wouldn’t shorten my life, he simply told me he had no control over what the underwriters did.
I had the same problem with health insurance. When I’d been on leave without pay for health reasons long enough that I had to use COBRA and purchase my own policy, by law they couldn’t refuse me coverage, but for an individual policy (just for me, not hubby) it cost well over $1300 per month. I was a year away from full retirement but had to go out on disability, and that was more than my pension.
The life insurance episode was at the beginning, before it was known that I would eventually become disabled with the eye disease, so this could happen to anyone.
