Can I wait until I am terminally ill before joining CI or making CI the beneficiary of my life insurance policy?
People who attempt wait until they are terminally ill before making cryonics arrangements in an attempt to save on Membership dues or who procrastinate changing insurance beneficiary most often don’t get cryopreserved. They are often too ill to deal with complicated paperwork and they often do not have the time required to arrange a beneficiary (insurance companies move very slowly on these types of changes). You cannot buy a new life insurance policy if you are known to be terminally ill.
Related Questions
- I want to set up a life insurance policy, name Williams College as beneficiary, but retain ownership of the policy. Can I deduct the premium payments I make?
- Can I wait until I am terminally ill before joining CI or making CI the beneficiary of my life insurance policy?
- Why would someone who is not terminally or chronically ill want to sell their life insurance policy?
