The Reality of Living with Mesothelioma
Even if you have already made the decision to find a Mesothelioma attorney, the chances of your case being presented, litigated and settled will take time. While that time is passing, you must think about how to best manage what financial assets you have to free up spare money for medical expenses. Of course this is true of any form of cancer, but because the time period for Mesothelioma to develop is literally years…this gives you some time to prepare. This article is for those that suspect they could be a candidate for Mesothelioma due to working with asbestos. Those already diagnosed with the cancer can only use some of this information to prepare themselves.
This advice is good for anyone really wanting to make sure they set themselves up to take care of all the extra expenses that will accrue.
First of all the reality is you have to take care of yourself and your loved ones financially! If you already have insurance, contact your insurance company and find out the cost to up your payout for your family’s well-being. Life insurance companies that you have had a long standing policy with will normally not make you jump through hoops to have more insurance.
If you have not yet been diagnosed with mesothelimoa but suspect you are good candidate to develop it, GET TERM LIFE INSURANCE or WHOLE LIFE INSURANCE as quickly as possible! I know this may sound brutal and even like cheating, but you have to take care of you and your loved ones. Personally I feel that everyone should have some form of term life insurance or whole life insurance policy even if it is bare minimum, so again….if you even suspect that you may be prone to developing Mesothelioma due to past exposure to asbestos products, find out about term life or whole insurance today! The fastest way to get an idea of what you will be paying is go the online insurance quotes sites. This will help you budget in as necessary costs.
I know this is another thing that many people do not like to think about, but prepare a will. You do not want to leave your loved ones up in the air about what to do. Again, this is not just for Mesothelioma suffers, but sound advice for all. Be sure you have all the people assigned…the executor, the funeral expenses paid in advance if possible, etc.
This is also really important. If you own your own home, find out if you can re mortgage to have extra funds for medical costs. Do a goole search for mortgage leads and you will come up with pages of companies that want your business. A mortgage lead company will find you the best possible way to get equity out of your home. A second mortgage on your home will free you up of the added stress of trying to come up with funds as medical expenses rise. Again, there are many online sites that will give you a mortgage quote. Most sites have the mortgage calculator right on site.
Another consideration is debt consolidation. You may as well find the best debt consolidation solution that costs you the least amount of money per month. Again, do an online search of debt consolidation and get some different quotes to lower your monthly money going out. Debt consolidation just means that say you have 3 credit cards, a personal loan, car loan and any other ‘payment with interest’ monthly responsibility, debt consolidation will allow you to make one monthly payment that allows you to free up more cash. Go for the longest period of payments thus making the monthly payment the lowest.
Another way to save money is on your car insurance. If you are paying for full coverage top dollar auto insurance coverage, you may want to talk to your agent about changing your auto insurance plan. You could save literally hundreds of dollars a month by going down to the bare bones auto insurance. Tell your agent you want the bare minimum coverage needed to drive your car. That’s all you need.
Again, when we are in a position of learning that our health and our very lives may be at risk, we tend to panic and forget that things need to be planned out and taken care of. In the case of mesothilomia, if not yet diagnosed, we are given that extra time to prepare and take these measures to insure less stress as the melothelioma progresses.
WebMD Live Chat Transcript: Living with Mesothelioma with Belle McGuckin