Wednesday, May 20, 2015

Can you get life insurance after cancer?


Is it possible to get life insurance after you have been diagnosed with cancer, or survived cancer?

It is possible to get fully underwritten life insurance if you have survived cancer, and it is in remission, but it depends on how long your cancer has been in remission.

And, there are guaranteed acceptance life insurance plans available for people age 45 to 85 with no physical exam required, and no health questions asked. You cannot be turned down due to your health.

However, guaranteed life insurance has graded death benefits the first two years you are insured, so you won;t have "full" coverage right away, but after two years. This may be the only type of life insurance available for someone with a cancer diagnosis.

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