Insuring Your Life After Cancer Diagnosis
It is estimated that over 1.4 million of patients are diagnosed with different types of cancer in the US each year, resulting in 560,000 deaths
. But in case you manage to survive this risky condition without reclusion you will still have another big problem on your hands insuring your life.
Insuring own life can be quite troublesome for cancer patients, but it doesn't necessarily mean that it's impossible. The likelihood of getting a good policy depends on a set of factors such as type of cancer, stage it was treated at and even the treatment plan itself. And there's a direct relation between the rates you will have to pay and how it is likely for your cancer to be cured. For example, most insurance companies don't regard skin cancer as a serious illness and having a history of it may even not influence your premiums at all.
Those patients who were diagnosed with breast or prostate cancer at treatable stages can still cover their lives, falling under "standard" rating if everything is ok. However, those with leukemia or colon cancer will be classified as "substandard" or "high substandard" (which means higher rates), or even get a denial of services. Patients with metastasized forms of cancer will almost always get a denial. This also applies to those who are still undergoing cancer treatment, regardless of type and stage.
How to get cheap life insurance if you have survived cancer?
In case you have survived cancer, you have more reasons to purchase life insurance. And here are a few tips on how to make it both easier and more feasible for you:
1. Compile all of your medical records, reports and even prescription labels, especially if they have to do with cancer. Your insurance provider should have all the information on your condition, and will request it sooner all later. Helping your insurer with all the records means that your application process will be faster and you will be regarded as of a less risk. Insurance companies are very suspicious when clients do not wish to provide all the information and will usually charge more for their services. So don't make such a mistake and cooperate for better life insurance rates.
2. Cooperate with your doctor even if it is a routine check-up after the treatment. Your insurance provider will most likely wait for the results of the check up before signing you up. So the earlier you pay your doctor a visit the better.
3. Get your quotes from various providers and the more the better. Insurance companies have various methods of calculating their risks and if one company classifies you as a very high risk, another one can view you as standard. Use this to your advantage and shop around.
4. If you can get group insurance options from any organization you make part of it will be the best option for you. Group insurance always has better rates and more preferential approach from providers.
5. Think about getting a "graded" policy (providing limited benefits) in case full death benefits are not allowed. Graded policy has special periods. If the insured person dies during such a period due to cancer condition then the policy will pay only a part of the death benefit. If the person dies after the period due to another condition, the policy will pay its entire face value.
by: Haz Duell
Treat Wrinkles with the 24K Pearl Wrinkle Treatment The Average Cost of Mole Removal Treatments How You Can Locate The Ideal Treatment For Anxiety Attacks Held In Building Fire In Yunnan Deploy Special Treatment Mesothelioma Research Has Demonstrated How Negligence Can Lead To Mesothelioma The Importance Of Learning The Different Kinds Of Skin Cancer Signs New Facts - Erectile Early Dysfunction Treatments And Cures - Get Rid Of Erectile Early Dysfunction Once And For All The Dangers Of Skin Cancer Trials, Tribulations and Treatments Alcoholism Treatment Centers Help Deal With Mental Obsession Doctor Pays Malpractice Claim For Not Informing Patient Of Abnormal Prostate Cancer Test Results Details - Male Impotence Problem - Causes And Treatment Options Are You Taking The Most Effective Psoriatic Arthritis Treatment?