Alcor does accept UK life insurance.
Many of you are aware that a previous president of Alcor had some difficulties with non US insurance. Hence signing up required a US insurance policy, which meant going over to the USA at least once. Many people found this unsatisfactory.
Jerry Lemler MD, when he became president of Alcor, made an announcement which he asked to be passed on to past members of Alcor, and indeed, anyone interested. He started:
To Our Alcor UK Members and Friends,
Jerry expressed great regrets at the situation that arose under the previous administration and goes on to say:
I have taken every step conceivable that I can think of to rectify the situation.
Alcor is now accepting insurance policies from outside the USA, including British ones. To overcome legal difficulties the policies will be run past lawyers, which should neither be awkward nor expensive and will get easier with experience, but anyway, as Jerry says:
Alcor is willing to "eat the cost" of this process.
Jerry said :
... along with a professionally trained, state-of-the-art rescue team to be
implemented by Alcor's good friend and benefactor Bill Faloon
I want to point out some important issues regarding obtaining your
cryonics insurance policy.
I am licensed to do business in about 27 states of the US. And, because ALCOR is the owner of the policies, for an ALCOR policy I can write you irrespective of what state you are in.
However, if you are NOT a US citizen and/or do not live in the US, different rules apply.
We can still write the policy, with some important and nonnegotiable provisos. Here they are:
Policy must be for at least $200,000 of a PERMENENT universal life. This will be with A++ rated Jefferson Pilot. Ultra solid carrier with good, but not great rates. But they have put in writing that they have NO problem with cryonics organizations.
Policy must be paid annually, from a US bank or with a bank check.
You must be smart, easy to work with, pleasant, and highly motivated for me to work with you. And have access to a good internet connection and printer. Because of the multiple challenges that come up when underwriting any policy, we both know going in that getting your coverage and working out logistics is a hassle. But it IS doable. But if you cannot do above, please try to find an insurance vendor local to you instead.
Sorry if this sounds less than gracious. But I truly want you to know
what you should know up front.
Yours for Centuries,
Rudi Hoffman CFP CLU
Alcor UK has a web site here:
For details about signing up with Alcor email: Jennifer@alcor.org
If you would like to receive further updates about the Alcor UK situation in general email: firstname.lastname@example.org