U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Economics
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 08-06-2019, 12:15 PM
 
2 posts, read 1,750 times
Reputation: 16

Advertisements

Hey, I currently have a 30-year term life insurance plan.

My primary job is as a software developer, which is obviously very low risk. However, due to some recent financial issues, I was forced to take a temporary job for a few months at a local amazon warehouse. After going through Amazon's new hire orientation today, I've realized this can be a somewhat hazardous job.

Does anyone know if my life insurance company needs to be made aware of this? My concern is obviously that they'll raise my monthly rates but the larger concern would be my family not receiving my life insurance payout in the event something happens to me while working at amazon (even though the chances of that are very slim).

Thanks
Reply With Quote Quick reply to this message

 
Old 08-13-2019, 08:42 AM
 
Location: Boston
8,856 posts, read 2,611,036 times
Reputation: 6290
No.
Reply With Quote Quick reply to this message
 
Old 08-13-2019, 09:37 AM
 
Location: The Triad (NC)
29,332 posts, read 63,728,647 times
Reputation: 33842
Quote:
Originally Posted by Goalie35 View Post
...I was forced to take a temporary job for a few months
Does anyone know if my life insurance company needs to be made aware of this?
Warehouse jobs are not 'hazardous'

But when you're again ready to reconsider your insurance needs and plans...
don't forget disability.
Reply With Quote Quick reply to this message
 
Old 08-13-2019, 09:39 AM
Status: "Re-re-edit" (set 18 days ago)
 
Location: Was Midvalley Oregon; Now Eastside Seattle area
4,624 posts, read 2,121,001 times
Reputation: 3511
Risk assessment is done at application and somewhat at renewal. What you do after you get the policy has no bearing on the policy continuation, unless you had the "intent" of participation in an asked peril. If you "intend" to acquire a motorcycle at time of application, you may be created even though you have never rode a motorcycle. ... This why I bought LI for our son at the eve of going to a residential-private, East coast university. IIRC, his blood draw was done at the airport. He needs to up his LI to $1mil from $350. Age 34, single, homeowner with relatively small debt, tech job.
See your insurance representative. YMMV.
Reply With Quote Quick reply to this message
 
Old 08-13-2019, 02:09 PM
 
Location: North Idaho
23,282 posts, read 29,834,468 times
Reputation: 45860
Does the employer at the warehouse not offer health and life insurance to their employees? Most places that pay more than minimum wage do.


Life insurance policy through a job is usually rather small, but it would supplement your other insurance. If it is more than a $50,000 policy, your company is overly generous.
Reply With Quote Quick reply to this message
 
Old 08-15-2019, 09:58 AM
 
2,396 posts, read 724,794 times
Reputation: 3393
The bigger issue here is a Software Developer having to take on a physical labor side gig. The hardy hawks on the Work and Employment section of this site continue to bellow out jolly good cheer for this economy.
Reply With Quote Quick reply to this message
 
Old 08-18-2019, 12:35 PM
 
4,464 posts, read 1,954,939 times
Reputation: 2481
Walter White is that you?
Reply With Quote Quick reply to this message
 
Old Today, 10:24 PM
 
2 posts, read 229 times
Reputation: 15
Go through the policy terms and conditions does it mention any life benefits or not. For more clarification, you may get a piece of advice from an insurance adviser or contact your insurance company directly.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top