Are you having trouble finding affordable life insurance with colon cancer? If so, you already know all about how difficult it can be for someone in your position to get a life insurance policy in place to protect their family. Colon cancer will we definitely keep you from getting preferred life insurance rates, but continue reading to better understand what options you have. We also have reviews available such as our State Farm Life Insurance Review to help you learn about these companies that will help you make the best decision for you and your family.
Things don’t have to be that difficult. We have experience helping people with colorectal cancer find the best life insurance rates available for them. With access to over 60 life insurance companies and many colon cancer survivor clients – we know which companies look most favorably at life insurance for high risk individuals.
Lets get on with the meat of this article:
Here’s what we need to know in order to secure the best rates available.
• When was your date of diagnosis?
• How was your cancer treated? (surgery? chemo and or radiation?)
• When was your treatment completed?
• Are you on any medications?
• What stage was the cancer?
• Has there been any evidence of a recurrence?
• When was your last colonoscopy and CEA level?
If someone doesn’t ask you these questions, they’re simply taking a stab in the dark at rates. This is information we need to know to successfully find the lowest rates available. Best case scenario is if you can send us a copy of your pathology report.
It’s important to be as detailed as possible in order for us to do our jobs. Most likely we’ll have to run YOUR specific risk off of a few underwriters and see which one will give you the best offer. This usually takes 24-48 hours.
Life Insurance with Colon Cancer – What To Expect
Obviously, the more severe your cancer is, the more difficult and more expensive it will be to obtain life insurance.
If you had a malignant tumor, you can qualify for traditional coverage under certain situation. We’ll break it down by stage below.
In Situ – Standard rates are available as a best case scenario
State I and Stage IIA: Declined if it’s less than 1 year. After 1 year, it’s a $7.50 flat extra until you’re 7 years out. If you’re 7 years out, you can qualify for Standard rates with a small group of companies.
Stage IIB: Decline is it’s less than 2 years. After 2 yearrs, it’s a $10 flat extra until you’re 9 years out. If you’re 9 years out, you can qualify for Standard rates with a small group of companies.
Stage III – Decline if it involved more than 2 lymph nodes – you’ll only qualify for a a graded death benefit policy. If it’s less than 2 lymph nodes, you have to wait for 5 years to qualify for coverage and then it will be a very expensive table 2 + $10 flat extra. Best case scenario is 10 year out and then you can qualify for a table b rating.
Stage IV – Decline. Graded death benefit policy only.
If this terminology is confusing to you, don’t worry about it. We’ll make sense of it by telling you how much it will cost. Just remember, any time there’s a flat extra – it’s going to be VERY expensive.
The real key is using the right life insurance company. We’ve worked with several people who were declined by a company before finding us. We simply used a company that we know looks more favorably at colon cancer and were able to secure them coverage.
We’re high risk life insurance experts and will find the best rates you can qualify for. Simply fill out a form on our website or call us and we’ll show you the best rates you can qualify for.