Having cancer or having had cancer may qualify you as a high risk candidate for life insurance. This may affect your ability to get life insurance. For some, cancer life insurance may not be available. For others, cancer life insurance may be available, but at a higher price than non-cancer life insurance.
In some situations, cancer life insurance policy may include an added fee to possibly help the company compensate for the additional risk they may be taking when insuring you. If this is the case, the additional fee may only last for a period of 3 to 5 years, and then it may be dropped as long as you remain cancer free. When applying for cancer life insurance, you may be required to answer detailed medical questions regarding your cancer and the severity of your situation.
Despite this, it may still be possible to find affordable life insurance with cancer. There are multiple companies that may offer cancer life insurance. This may mean you may have several options to choose from. To get the most affordable cancer life insurance, you may want to collect several quotes on similar policies and compare them.
Another option may be to get a couple smaller policies with different companies. For example, it may be easier for you to get two $50,000 policies from two different companies than get one $100,000 policy for cancer life insurance.
For more information on finding life insurance with cancer, read “Finding Life Insurance as a Breast Cancer Patient”. Since cancer may be classified as a critical illness, you may also want to read critical illness and life insurance. For a free, no-obligation quote on life insurance with cancer, go fill out the quote form provided.