If you’re applying for life insurance, you probably know that the underwriters will be reviewing your personal health, as well as other factors such as your habits and hobbies, in order to determine how much risk they will be taking on concerning a potential claim.
But did you know that the insurance carrier will also be taking a close look at other criteria, too, such as your family health history? The reason that they do this is because certain health conditions such as prostate cancer may be hereditary – and because of this if you have a family history of various adverse illnesses, it may mean the difference between obtaining the life insurance coverage that you need, or going unprotected.
With that in mind, if a condition such as prostate cancer does run in your family, you may need to consider working with a company or an agency that has access to more than just one life insurance carrier. This is because, while all life insurers have some type of criteria for underwriting their applicants for coverage, these factors are not all the same.
Therefore, with that in mind, your application for coverage may have a better chance of being accepted with a carrier that is more apt to view prostate cancer more favorably than a carrier that doesn’t. And this can make a world of difference to the loved ones who may have to change their lives should the unthinkable occur and be left without the financial resources to carry on without you. But the good news is that we can help you in finding the coverage that you need at a premium that is affordable.
How Prostate Cancer Can Affect Your Application for Life Insurance Coverage
Prostate cancer is one of the most common forms of cancer that occurs in men. It typically grows slowly, and may initially remain confined only to the prostate gland, where it does not cause any serious damage. However, in some cases, it can be highly aggressive and can spread very quickly.
The potential for developing this type of cancer increases for men who are over age 40. This is especially the case if prostate cancer already runs in the family. There are also other factors that can increase an individual’s risk of developing prostate cancer, including:
- Poor diet
- No / poor exercise habits
The good news is that, even though having a family history of prostate cancer can have an effect on your life insurance, there are many life insurance carriers that still offer very affordable rates on coverage – even to those who may have been turned down in the past. The key is knowing which companies to apply through. That’s where we can help. We have helped other individuals like yourself with many other health conditions too, such as life insurance for diabetics.
What Insurance Underwriters Want to Know If You Have a Family History of Prostate Cancer
When you have a history of any adverse health issue, the underwriters will want to know more in-depth information about it – beyond what is asked about in the basic application for coverage.
- What are your current PSA (Prostate Specific Antigen) velocity readings?
- What is your current PSA density?
- Who in your family was diagnosed with prostate cancer?
- When were they diagnosed?
- What type of prostate cancer were they diagnosed with?
- If you have been diagnosed with prostate cancer, when was your date of diagnosis?
- If prostate cancer was diagnosed, at what stage is it?
- If prostate cancer was diagnosed, what was the Gleason Score?
- If prostate cancer was diagnosed, how is it being treated / managed? (i.e., though only observation, radiation, hormone therapy, prostatectomy, TURP, etc.)
- If prostate cancer was diagnosed, have you been prescribed any medications?
- If so, which medications, and what is / are the dosage?
- Do you have any other medical conditions?
- Are you a smoker?
- What steps have you taken to improve / control your condition since your diagnosis?
In addition to the information that the underwriters will ask, most life insurance companies will also usually require that you undergo a medical examination as a part of the overall application process. For those who have a family history of prostate cancer, this may include the reviewing of Prostate Specific Antigen (PSA) blood test results in the lab testing.
Typically, the medical exam will consist of meeting with a paramedical professional who will take a blood pressure and a heart rate reading, as well as a blood and a urine sample. These will also be tested for various health related risks. If you are searching for life insurance with high blood pressure we have options for you. Let us help you in making your life insurance decisions.
How Much Does Life Insurance Cost?
Once all of your information has been received by the life insurance company, the underwriters will be able to make a more informed decision regarding coverage, as well as about a premium for the coverage.
If it is deemed that you are in good health, then it may be possible to obtain a Standard policy rating. In this case, the premium that is charged will be in line with that of someone who is considered to be an average policyholder in your same age and gender category.
If, however, you are in sub-par health, and then it is possible that you may be placed into a Substandard policy category. In this case, the premium that you will be charged will be more than that of a Standard, or average, policyholder.
In some instances, a no medical exam policy may be an alternative option. These policies do not require that a medical exam is taken as a part of the underwriting process. Because of that, many people who may have various types of health issues are still able to apply for coverage.
The premiums that are charged for no medical exam life insurance are typically higher than those of medically underwritten plans with comparable amounts of coverage. This is because the life insurance company is usually taking on more of a risk. However, in some cases, this type of policy may be a person’s only option to obtain the life insurance coverage that they need.
How to Help Your Application Through the Process More Quickly
If you have a family history of prostate cancer and you need life insurance, there are some ways in which you can help to prepare for your application that may help to get your application through the process more quickly – and possibly with a more positive result.
Some of these steps can include the following:
- Maintain a healthy diet and exercise plan
- Continue to see your doctor as recommended
- Follow any plan and advice from your doctor and other medical professionals with regard to your medical treatment
- Ensure that all of your medical records are regularly updated
- Make sure that any other health issues are under control (i.e., weight, high blood pressure, etc.)
- Work with a company or an agency that has access to multiple life insurance companies and that specializes in higher risk cases
Where to Get the Best Premium Quotes
Having a history of prostate cancer can seem to make the process of seeking life insurance more difficult. But in reality, there are many good quality life insurance carriers that will take on applicants who have this issue in their family history. The question is finding which companies they are.
Working with a company or an agency that specializes in higher risk cases can be a great guide. If you are seeking life insurance coverage and you have a history of prostate cancer in your family, we can help. We work with many of the top life insurers in the marketplace today, and we can help you in obtaining all of the important information that you need. We can do so for you quickly, easily and conveniently – all from your home computer, and without the need to meet in person with a life insurance agent. If you’re ready to move forward, just use the quote form on this page.
Should you find that you still have any questions regarding finding the right life insurance coverage with a family history of prostate cancer – or even if you just happen to have a question about life insurance in general – our experts are here to help. We can be reached via phone, toll-free, by dialing 888-229-7522.
We understand that you may have some doubts about applying for the coverage that you need – especially if you have been turned down for life insurance in the past. But today, there are many more options that you have for the financial protection of those you love – and, you have an ally on your side. We’re here to ensure that you find the coverage that you need, and a premium that is affordable. So, contact us today – we’re here to help.