Like so many urban legends or wives tales, there is the notion going around that many people cannot get life insurance, or at the very best they have to have been cancer free for at least 10 years. Breast cancer survivors have been on the wrong end of this information for a long time.
Obviously stage and grade of the cancer play an important part in underwriting life insurance for breast cancer. The earlier the stage and the lower the grade, the better the chances of getting competitive prices soon.
Find out where you stand in the life insurance picture by visiting with an independent agent. Be armed with a pathology report, details of treatment and the date of the last treatment. Given this information an independent agent can shop for the best possible life insurance quotes.
How soon to start after your treatment? Start when the treatment is completed and you have had your first post treatment followup. You may not get what you want right then, but you can assess where you are and your agent can help you understand how to get from that point to where you want to be. You may be pleasantly surprised at how affordable it might be to at least put some insurance in force, if not then, within a reasonably short period of time.
One piece of advice would be, as soon as you are insurable, buy term insurance to keep the cost down. The farther you get from the breast cancer treatment, the better the rates will be. Then options or open for longer term insurance, universal life or whole life.
This post is somewhat dated. Life insurance underwriting is changing and evolving continually. For more updated information check out some of the key word links. If you have a specific question or topic you need information for do a search. If you don’t find the answers you need contact me and we’ll make sure you get the information that is important to you.