Reader question:

Can I get instant life insurance coverage with cancer on my medical history?

Mike

Thanks for asking, Mike.

Finding instant life insurance coverage with cancer in your medical history is tough, but not out of range entirely. So long as cancer has been in your past for at least 2 years, it’s not so much whether you can find it at all, but whether you can find it with good rates. This depends on several things, from your type of cancer, to any complications, how you are doing now, and how long you have been in remission. You can, for example, get better rates if you had breast cancer than if you had colon cancer.

It might be a good idea to get instant life insurance coverage with cancer in the form of a guaranteed issue policy. A guaranteed issue policy is expensive because it is given out regardless of past medical conditions, but it is sometimes the only way to go for cancer survivors. Contact a broker or go online and gather life insurance quotes to find out if there is a guaranteed issue policy with a price good for you.

take care,

Fashun