If you dont have a life insurance policy in place it will likely be more difficult and expensive to do so following a cancer diagnosis.

Can you get life insurance if you've had cancer. Its rare that a cancer survivor cant get a policy at all. A life insurance company will want to ask a number of additional questions in order to find out as much as possible about the condition as well as writing to your doctor. After surviving cancer there are 4 key factors which will be taken into account during the application process.

Life insurance policies with an exclusion for cancer-related claims are rare. If you have terminal cancer or are currently receiving treatment you will unfortunately be unable to access cancer life insurance until you are treatment free as you present too much risk to insurers. By law you must disclose any known information about your health that may be relevant to the insurance companys decision on whether or not to provide you with cover.

The nature of your condition and the insurance companys terms for providing cover. Most insurers will require cancer to be in remission. The main reason you might like to have life insurance after cancer is that the payout could pay off your debts if you passed away such as your mortgage.

Taking out life insurance as a cancer patient or survivor will depend on two things. Yes its possible to get life insurance after suffering from cancer but the situation is not that simple. The good news though is that you could buy a guaranteed acceptance life insurance policy.

Insurance providers will ideally want you to have been free of cancer and have been finished with treatment for a few years although it does depend on the stage and type of cancer. Youll need to be cancer-free before you. When a policy is issued the first premiums will be high because thats when the insurance company has the greatest risk.

The type of cancer you have and the stage it is at will affect. Instant approval typically is a feature of term life insurance. Yes life insurance policies cover cancer if you buy a policy and are later diagnosed with cancer.