Tips for Finding Affordable Rates
Being diagnosed with cancer can be a devastating experience. After all, being told you have cancer can feel as if you have been handed a death sentence. To make matters worse, obtaining a life insurance policy after you have been diagnosed with cancer can be difficult, if not impossible. For those who have survived this terrible disease, however, there is a very real chance of finding cheap life insurance for cancer survivors at a reasonable cost.
Cancer Survivor Life Insurance
In order to get the best price on life insurance for cancer survivors, it is important to take the following steps:
- Submit all of your medical records. The more you can prove that you have fully recovered from your cancer, the better your chances of obtaining life insurance for cancer survivors will be. Some information you will need to provide to the underwriter includes your first pathology report, your treatment records and your medical records.
- Adhere to your doctor’s treatment plan. Following your doctor’s treatment plan will give you the best chance of fully recovering while also demonstrating to the insurance company that you are doing everything you can to fully recover and to remain cancer-free. The reports from your follow-up treatments will also play an important role in helping your insurance company determine whether or not you will be approved for a policy.
- Contact numerous companies. Life insurance policies can vary quite significantly from one company to the next, particularly when it comes to life insurance for cancer survivors. Therefore, it is important to compare quotes from a variety of different companies. Just because one company denies you or quotes an unreasonably high cost, it doesn’t mean there isn’t a company out there that is willing to work with you.
- Work with a broker who specializes in obtaining life insurance for cancer survivors. By working with a broker who specializes in obtaining life insurance for cancer survivors and other high-risk individuals, you can significantly increase your chances of finding a policy at a reasonable cost. Not only will the broker have connections with those companies that are willing to work with cancer survivors, but the broker will also be able to provide you with the additional advice you need to keep your premium costs down.
The bottom line is that no one should have to go without life insurance coverage. After staring cancer in the face and successfully overcoming it, the last thing you need is for a life insurance company to deny you the coverage you need. By following these steps, you will greatly increase your chances of obtaining coverage at a reasonable price.