Chris Abrams, Author at Marcan Insurance

All Posts By Chris Abrams

Foresters Life Insurance & Marijuana Use [Review]

Another life insurance company has joined the small, but growing, group of cannabis-friendly options. Most insurance companies discriminate against recreational cannabis, auto-declining all applications. It’s even worse if an applicant lies about it and the company discovers THC during the life insurance drug test. December 2019 Update: Foresters just revised their guidelines. They will now…

how to save for retirement with a cannabis business

Tax-Free Retirement Strategy for Cannabis Business Owners

With federal regulations remaining out of sync with state repeals of prohibition, it’s tricky to find a retirement plan that doesn’t care about the fund’s source. That makes retirement options for marijuana business owners more difficult than other types of businesses. Global Atlantic recently opened up their life insurance policies for owners of cannabis-related businesses…

Global Atlantic life insurance review with marijuana

Global Atlantic Life Insurance & Marijuana – An In-Depth Review

Global Atlantic Life Insurance Company recently changed its underwriting guidelines for recreational cannabis use. They will allow it without penalty in certain conditions. Every single one of the cannabis-friendly life insurance companies has different underwriting guidelines for how frequently you can consume for fun without paying way too much for life insurance. Even with medical…

Protected Marijuana Confidentiality with Life Insurance

More than 40% of Americans smoke (or have tried) marijuana. Which makes it the most popular drug in the country after tobacco and alcohol. With such common use, this leads many families to wonder if they have any legal protections for marijuana confidentiality with life insurance or any other type of disclosed health information. Many…

life insurance with recreational cannabis

How Does Marijuana Affect Life Insurance Rates? (Plus Sample Rates)

This isn’t a cut and dry question. Even marijuana-friendly life insurance companies have different approaches to both medical and recreational use. Because marijuana is still illegal under Federal law, it’s near impossible for researchers to get details on the overall health benefits or detriments. Life insurance companies lean conservative in their views of cannabis. Mostly…

life insurance with medical marijuana treatment

How to Get Great Life Insurance with Cancer Using Medical Marijuana

Cancer makes finding life insurance challenging. It can be even more worrisome if you’re using medical marijuana to help treat symptoms or side effects from other treatments. In the United States, roughly 1.7 million people get diagnosed with cancer each year. Plus there are over 100 different types of cancer. We cannot address every type…

Can You Get Life Insurance with HIV and Medical Marijuana?

Life insurance with HIV is not as difficult to get as it was decades ago. New retroviral medications allow for a much longer life expectancy. However, life insurance companies have been slow to respond to these advancements. Most life insurance companies who accept pre-existing conditions still decline HIV patients, except for a select few. The…

Affordable Life Insurance With Crohn’s Disease Using Medical Marijuana

Despite common fears, life insurance for Crohn’s disease using medical marijuana is not a pipe dream. The health class you get for life insurance will depend on the frequency of flare ups, severity, and the age at which you were diagnosed. It’s possible to get no rating at all. Most people will get a table…

Life Insurance with Multiple Sclerosis and medical marijuana card

Life Insurance with MS – Medical Marijuana Friendly Edition

Just because you have multiple sclerosis doesn’t mean life insurance is impossible for you. Life insurance with MS just means a few more hurdles in the research phase of the life insurance process. There are different diagnoses for MS which will impact what type of life insurance policy you can obtain. This article covers whether…