Life insurance pays a death benefit when an insured person dies. There isn’t any exclusion in modern life insurance policies against death resulting from cancer. It is precisely the sort of thing that life insurance is designed to cover death, from natural causes. However, life insurance does not pay for medical treatment for cancer, it pays upon the death of the insured resulting from cancer.
There is usually some type of life insurance policy you can get after being diagnosed with breast cancer. If you get a policy that covers you, either after disclosing that you have breast cancer, or because they did not ask (i.e. guaranteed issue life insurance), yes, it will cover death from breast cancer or any other illness or accident. Guaranteed issue life insurance plans will cover death resulting from breast cancer even if you are a;ready diagnosed, but there is not full coverage until you have been insured for at least two years with most guaranteed issue plans.
If you got a life insurance policy before having any idea that you were going to be diagnosed with breast cancer, the life insurance policy will cover death resulting from breast cancer.
If you have purchased the life insurance prior to being diagnosed with breast cancer, yes you are covered. If you have had breast cancer and looking to purchase life insurance there are some things you need to know.
The type of life insurance, amount of coverage and terms depend on the type of cancer itself and how long you have been cancer free after your last treatment. Learn more about cancer and life insurance
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