While purchasing a life insurance policy can often simply entail the completion of an application and the taking of a medical exam, if you have certain health issues, it could require that you work with a life insurance specialist who deals in “higher risk” cases.
This could be the case if you want to qualify for life insurance with endometrial cancer.
How Endometrial Cancer Can Have an Effect on Your Life Insurance Application
Endometrial cancer begins when the cells that are within the inner lining of a woman’s uterus – also known as the endometrium – start growing out of control. There are certain signs that may indicate that a person has this type of cancer.
For example, most women who have been diagnosed with endometrial cancer have experienced abnormal vaginal bleeding. This may include a change in their regular periods, and / or bleeding either between periods or following menopause. A non-bloody vaginal discharge can also be a signal that a woman should be checked for this cancerous condition.
Some who are diagnosed with endometrial cancer may also experience pain in the pelvic area. Likewise, feeling a mass – which can be a tumor – as well as the loss of weight, but without trying, may be endometrial cancer symptoms.
According to the American Cancer Society, today in the United States, cancer of the endometrium is the most common type of cancer that is found in the female reproductive organs. In fact, the American Cancer Society has estimated that the statistics for cancer of the uterus in the U.S. (in the year 2016) include the following:
- Approximately 60,050 new cases of cancer of the body of the uterus will be diagnosed
- About 10,470 women will die from cancers of the uterine body.
Because having this cancer can cause a risk to one’s health – and even their life – if you are looking for life insurance and have been diagnosed with endometrial cancer, the insurance company’s underwriters will want to know more details. This is because being diagnosed with endometrial cancer may not only affect the price of your life insurance premium but also your chances for being approved.
You can, however, help to increase your chances of finding an insurance company that works with those who have endometrial cancer. This can typically be accomplished by contacting an independent life insurance agency or brokerage that has access to multiple insurance carriers all in one place.
What the Life Insurance Underwriters will Want to Know About You
When you apply for a life insurance policy, you will typically be required to fully complete and submit an application for coverage. This will usually ask you some of the more “basic” questions, but they will also want to know more about your specific condition as it pertains to endometrial cancer. Doing so can allow the underwriters to get a clearer picture of your medical issue. With that in mind, here are a few examples:
- When were you initially diagnosed with endometrial cancer?
- What was the stage of your condition upon the initial diagnosis?
- What are you doing in order to manage and/or control your endometrial cancer?
- Are there prescriptions that you take daily?
- Are you currently a smoker?
- Have you smoked at all over the past year?
- Have you had any relevant lab testing performed within the past 12 months?
In addition to the questions about your health and your health history, it is likely that the insurance company will also want you to undergo a medical examination as a part of the underwriting process. During this exam, you will meet with a paramedical professional in your home or other convenient location. You will typically be asked for some additional health-related information.
The insurance company might also ask to see your medical records in order to obtain a better idea of your health condition. These records may be obtained from your primary care doctor, any specialist that you may visit for your endometrial cancer – or both.
How Much Will Life Insurance Cost If You Have Endometrial Cancer?
The price you’ll pay for the life insurance policy differs on several factors; including, the information you’ve given them about your health condiditon, the style of policy you buy, and how much of a death benefit you purchase.
For those who have been diagnosed with endometrial cancer, the rating of a medically underwritten life insurance policy will oftentimes be Substandard. This means that, even though you may get coverage, the premium cost will be higher than that of an individual of your same age and gender who is in average to good health.
What If You Do Not Qualify for Traditional, Medically Underwritten Coverage?
In some instances, an applicant who has endometrial cancer may not qualify for a traditional, medically underwritten life insurance policy. This, however, does not have to mean that you will not get life insurance coverage at all.
One alternative for you may be to apply for a no medical exam life insurance policy. Many of the applicants who apply for this type of coverage, even with a health condition, will still be approved.
In addition, because there are no medical exams to wait for, the insurance company may also be able to approve and issue the plan much faster than with a medically underwritten coverage option. Therefore, you may be able to have coverage within just a few days after application – or possibly even sooner.
It is important to note that with many no medical exam plans, the premium price will be higher than that of a traditional policy. This is because applicants who purchase no medical exam coverage are often considered to be a higher risk to the insurance carrier. The insurance company will, therefore, compensate for this higher risk by charging more for the coverage.
Where to Find the Best Life Insurance Rates with Endometrial Cancer
Compare. Compare. Compare. That is our top suggestion for people who are looking for life insurance. Don’t be rushed to pick the first plan you’re shown by an agent. Ask if they can give you a quote with other companies before you sign the dotted line.
Should you find that you are still in need of any additional information regarding purchasing life insurance with endometrial cancer – or even if you just happen to have a question or concern about life insurance in general – please feel free to contact us directly. Our experts can be reached by dialing 888-229-7522.
We understand that having a health issue such as endometrial cancer can be a bit concerning when it comes to applying for life insurance. There can be many challenges – especially if you have been turned down for life insurance coverage in the past.
But, the good news is that today, you may have many options that are open to you. By working with us, we can get you closer to the insurance coverage that you need for providing yourself and those whom you love and care about with peace of mind. So, contact us today – we are here to help.