All about your Insurance Policies

Buying life insurance after being diagnosed with cancer

insurer will likely wait for the results of your next mammogram.

3. Get prices from severalcompanies. Policycosts can vary a great deal among companies.

4. See if you can get group lifeinsurance througha professional, fraternal, membership, or political organization to which you belong.

5. Consider a "graded" policy(one with limitedbenefits) if you cannot get full death benefits. In the first few years of a gradedpolicy, thecompany pays only the premiums and part of the face value if the insured person diesof acondition, such as cancer, that existed before the policy took effect. If the insured person diesafter thespecified grading-in period, the company will pay the full face amount of the policy.

If yourcancer has beensuccessfully treated, and you are otherwise in good health, you can likely obtain a  cancer lifeinsurance policy .If you can show that you are healthy and your treatments have gone well, several insurersmay competefor your business.

 

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