Cervical cancer can be a scary and dangerous disease. Thankfully, most women survive the diagnosis. As a cervical cancer survivor, you are thankful and hopeful for the future, but you still must provide for your family. You understand, better than most, the prospect of your family living without you. You know the benefit that life insurance will provide if you are not around to help your children with education and guidance.
As a Cervical Cancer Survivor, Can You Still Get Life Insurance?
Yes, and believe it or not, you can find it at affordable rates with significant coverage options. Finding the right coverage means understanding the progress and remission of your cancer, locating the correct insurance carrier favorable to cancer survivors, and know the policy options available to you.
It may be more difficult to find life insurance if you currently have cervical cancer or any terminal illness, but it is possible. If you are in remission for, your chances of finding affordable life insurance increases.
Here’s what we will cover in this article:
What You Will Learn In This Article (click to go to section):
- What is Cervical Cancer
- What Do Insurance Companies Look for When Evaluating a Cervical Cancer Survivor?
- How Do You Prepare for a Life Application as a Cervical Cancer Survivor?
- What Kind of Life Policy Can You Buy Once You’ve Been Diagnosed with Cervical Cancer?
- Permanent and Term Life Insurance Rates for Cervical Cancer Survivors
- What Affects Life Insurance Rates for Cervical Cancer Survivors?
- What if I am Denied Life Insurance Coverage Because of my Cervical Cancer?
- Guaranteed Issue Life Insurance Rates for People with Cervical Cancer
- Best Life Insurance Companies for Cancer Patients
- Finding the Best Life Insurance Rates for People with Cervical Cancer
What is Cervical Cancer?
You know the answer to this, don’t you? Yes, but it’s the details of the disease that determine what type of coverage you can get as a cancer patient or survivor.
Cervical cancer affects the cervix which is in the lower part of the uterus. Most cervical cancer is caused by HPV (human papillomavirus). The body’s immune to the response to the virus can initiation the growth of abnormal cells which can eventually become cancerous. Cervical cancer is a rare type of cancer with only 12,000 new cases/year.
What are the symptoms?
In the early stages, there are no symptoms, but over time there are significant symptoms. The most common symptoms are vaginal bleeding and pelvic pain.
Because cancer may be present when there are no symptoms, it is important that women get screened regularly. The most common test is the Pap test. The test removes a small collection of cells from the cervix where they are examined for abnormalities. The good news is that most abnormal cells do not turn into cancer. They disappear or are readily absorbed into the body. Abnormal cells merely are a warning sign that observation and potentially more tests need to be run.
Like most cancers, cervical cancer has multiple stages. Depending on the progression of the cancer can determine how life insurance companies will evaluate you for coverage.
What are the Stages of Cervical Cancer?
Precancerous Cells. These are the abnormal cells found during a Pap test.
Abnormal cells have become cancerous and begin to spread into deeper cervical tissue. It may have spread into the uterus and potentially other lymph nodes. Survival rates for stage one are high. 93% of women detected during stage one will live 5+ years after renewal.
Cancer has grown beyond the cervix and uterus, but not as far as the walls of the pelvis. It may or may not have spread into the lymph nodes. 63% of patients in stage 2 will survive 5+ years.
Cancer has spread into the lower parts of the vagina and pelvis walls and may be blocking the uterus. The 5+ year survival rate is 35%.
Cancer is growing outside the pelvis wall and eventually into distant organs and lymph nodes. The 5+ years survival rate is 15% for this stage of cancer.
The most common treatment for cervical cancer is surgery. In the early stages, the cancer surgery can small. The cancerous portion of the cervix can be removed. If the cancer has spread, the oncologist may choose a full hysterectomy. Radiation and chemotherapy are potential options if the cancer has progressed beyond the pelvic wall.
What Do Insurance Companies Look for?
The best course of action when applying for life insurance as a cancer survivor is honesty. Be as open and clear on the application. Use the insurance agent as a resource. They will understand company guidelines and the information needed by a wide variety of insurance companies.
The following factors will be asked by an insurance company as they evaluate an application of a person who is in remission from cervical cancer.
The life insurance company is looking for the potential recurrence of cancer. The severity of the disease and the success of the treatment will determine what level of rating an insurance company will offer.
Length of remission is an important rating factor. Compliance with follow up care also factors into an insurance company decision. The quicker the treatment and the lower the cancer stage, all point to full remission and no recurrence. This signals to the life insurance company, the person is a good risk to insure.
If you are a cancer survivor, there are things you can do to increase your chance of a competitive life insurance policy. Be prepared to answer the questions above. Gather as much information as possible on your diagnosis and treatment.
How Do You Prepare for a Life Application?
When applying for a life policy, there are certain periods of information which will increase your chances of competitive coverages. Collect the following items:
Having all of the proper information on hand during the life insurance appliation process is a great way to speed up the time of acceptance as well as make the process smoother.
What Kind of Life Policy Can You Buy Once You’ve Been Diagnosed?
Life insurance is usually divided into two product categories – term and permanent insurance.
Term Life Insurance for Cervical Cancer Survivors
Term insurance is life insurance with an expiration date. You pick the length of time for the policy to cover you. Then at the end of the term, the policy expires. Usually, term policies are offered in 10, 15, 20 and 30-year terms.
The biggest benefit of term life insurance is the affordability.
Permanent Life Insurance for Cervical Cancer Survivors
Permanent Insurance is life insurance that will cover you until your death. Permanent also comes with a cash value component that accrues over time. The cash value of the policy and the coverage amount are both part of the death benefit. Permanent is a bigger investment compared to term, but you are getting lifelong coverage with an investment component.
Permanent and Term Life Insurance Rates
Here’s a comparison of term and permanent life rates for survivors of cervical cancer:
|Age||Policy Type||$100,000 Female (monthly)||$500,000 Female (monthly)||$1,000,000 Female (monthly)|
|30||10 Year Term||6||12||18|
|30||20 Year Term||8||17||28|
|30||30 Year Term||11||27||48|
|35||10 Year Term||7||13||20|
|35||20 Year Term||8||19||33|
|35||30 Year Term||12||33||59|
|40||10 Year Term||8||17||28|
|40||20 Year Term||10||27||47|
|40||30 Year Term||16||45||85|
|45||10 Year Term||10||26||44|
|45||20 Year Term||14||41||75|
|45||30 Year Term||21||68||130|
|50||10 Year Term||13||37||67|
|50||20 Year Term||19||61||112|
|50||30 Year Term||31||107||206|
What Affects Life Insurance Rates?
Your stage of cancer and length of remission determines the rating a life company will use to determine acceptability as well as pricing. Life companies rate all applicants as either preferred plus, preferred, standard plus, standard, and sub-standard.
If you currently have cancer or any terminal illness, you will be declined for most term and permanent policies. If you are in remission, you can begin qualifying for traditional life products. You will need to be past the waiting period between remission and application. Most waiting periods are between 2-5 years.
What if I am Denied Life Insurance Coverage Because of my Cervical Cancer?
Perhaps you have been denied life insurance coverage due to your cancer. Or perhaps you need coverage immediately. Even if you are in early remission you can still find coverage. Life companies have designed life insurance policies with no medical exam called Guaranteed Issue Life.
Guaranteed Issue Life insurance is a permanent life insurance policy with no medical exam or medical questionnaire. It tends to be more expensive than a traditional policy, but you can find coverage here. It is a perfect life insurance option for people with cancer to secure coverage and can be a temporary solution until you are able to qualify for a higher level of coverages. Most guaranteed issue policies off coverage $5,000-$50,000. There are several companies that will offer up to $100,000.
Guaranteed Issue policy also comes with a Graded Benefit.
What is a graded benefit?
Guaranteed issue policy is designed for high-risk individuals. Graded benefits allow insurance companies to offer coverage even though the risk to the company is high.
Graded Death Benefits work like this:
Under graded benefit policies, full coverage is not immediately available to the policyholder. Most graded policies require the insured to be with the life company for a least 2 year before full benefits are available.
Every company handles the graded benefit differently. Most carriers only offer the premiums paid if you die in the first two years. Some companies will return premium along with a small percentage of the death benefit.
After the two years are complete, full life benefits are available.
Guaranteed Issue Life Insurance Rates
If you are a current cancer patient, here are examples of coverages available as well as rates for guaranteed issue policies:
What Affects No Exam Life Insurance Rates for People with Cervical Cancer
Note that these rates may vary based on a myriad of factors including:
Luckily, because guaranteed issue life insurance does not ask health-related questions and has no medical exam and is a form of permanent coverage, rates typically are still very affordable for people with cervical cancer.
The best way to secure cheap life insurance for people with cancer is to work with an independent life insurance agent who can help you compare life insurance coverage from dozens of the best life insurance companies for people with cancer and cancer survivors.
Best Life Insurance Companies
Underwriting, guidelines and rates vary from carrier to carrier. If you are looking for coverage, it can be confusing considering all the options available. Don’t feel bad, unless you are in the industry the diversity is confusing.
First, it’s important to look at multiple companies before making a decision. An independent broker can help with this process. A broker represents multiple carriers and will know the changing options within companies. They can design a policy to fit your unique needs.
We’ve specifically chosen carriers for hard to place insurance. The companies below provide more lenient underwriting and competitive rates for cancer patients and survivors. Don’t only look for competitive pricing but financially stable companies as well. Each company AM Best rating for stability is provided as well.
|Company||A.M. Best Rating||Customer Service|
|Lincoln Financial||A+||4.2 /5.0|
|Banner Life||A+||4.3 /5.0|
|Pacific Life||A+||4.0 /5.0|
|Mutual of Omaha||A+||4.2 /5.0|
While these company’s rates may vary per person, they are still often considered to be the best no exam life insurance companies for people with cancer in terms of rates, policy options, and financial stability.
Finding the Best Life Insurance Rates for People with Cervical Cancer
You can get quick and easy life insurance quotes for people with cancer on our site to get a range of pricing available to you. Knowing the pricing will not help you understand the guidelines. Eventually, you will need direction and help in determining all the options.
Use our Quick quote, and then speak to one of our agents for help in determining your best options. Having cancer shouldn’t eliminate you from life coverage.