Long term disability insurance is something that I definitely need to look into. Health insurance I have, but I do not have life.
For reasons far too long to go into here, I have been turned down for life by more than one company because of something an asswipe doctor put in my records that ended up on my MIB. I had never heard of MIB before this happened. If you are like me, it is a organization/company owned by hundreds of insurance companies. They use the information that they gather to make underwriting decisions.
The report itself falls under the same type of guidelines as a credit bureau report in that you have the right to see them, you can challenge the info on them, and they will give you a free one once a year.
To the best of my knowledge (which is admittedly limited) a MIB will exist on you if you have applied for life or health insurance with one of the insurance companies that is part of the group.
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Nice post, Will.
