If you are among the thousands of people per year who have dealt with melanoma, you might have heard you can’t get life insurance now, or you may think that an insurance policy is going to be way to expensive for you to purchase.
We’re here to tell you otherwise!
Life insurance after melanoma is very possible, and we can help you find the carrier which will best suite your need. In fact, it’s probably going to be easier and more affordable than you might think. Life insurance is one of the most important investments that you’ll ever make. Don’t let any preexisting conditions keep you from getting the protection that your family deserves.
We understand that searching for any type of life insurance coverage with a medical issue or not can be a daunting task. We are here to help you find that coverage that is best for you and your needs, whether that be a traditional policy, a no medical exam required or a guaranteed issue policy, we are here to help! Even if you are searching for life insurance while coping with COPD, we have something for you.
If you’ve ever looked for life insurance before, or you’ve been declined for coverage, don’t worry – in just about every case, we can find you a company that is going to get you a quality policy that you can afford. Keep reading to find out how you can obtain life insurance after melanoma, and we’ll give you the details you’ll need to apply with the best chance of approval.
Life Insurance After Melanoma
While melanoma tends to be one of the lesser common skin cancers, it actually accounts for a majority of the deaths related to skin cancer. Understandably, this would complicate the approval process of buying life insurance after having melanoma.
Melanoma affects life insurance because it is an obvious high risk for an insurance company to take on. From the insurance company’s point of view, the more of a risk you are, the less likely they are to approve you for coverage, or they more that they will charge you for your policy. But there are a lot of factors they’ll consider before making the decision:
- Classification of Melanoma
- Diagnosis Dates
- Treatments Undergone
- Severity of Spread
The classification of your melanoma is one of the first and most important bits of data which could determine your chances of success. There are many classifications, or stages, of melanoma, where some are minor, and some extremely evolved. The most localized and low stage of melanoma, the better. With a stage 0 melanoma, for example, a standard rating for life insurance is not out of the question. If you were diagnosed with a more evolved melanoma, things get more complicated.
Your date of diagnosis is also a big determining factor. The closer your diagnosis to the day you apply for life insurance, the harder it may be to get the best approval. But as time moves forward, if you have no re-occurrences, you’ll have a better and better chance of approval. Also, depending on the type of classification you had, there may even be a required time period you’ll have to wait until you can apply, to ensure there is no return of the melanoma.
The type of treatments you had to undergo can also play a role in how the underwriters will evaluate your application. While some types of skin cancer only require minor, topical surgery, others are far more difficult, and can take several months or even years to completely and effectively remove any signs of the melanoma.
Last, the severity of spread can also have a large impact on the rating you get. If you only had a small, localized spot, the outlook is good. But if you have had to deal with multiple diagnosis’ or just multiple areas of concern, the spread of melanoma could be viewed as a significantly higher risk.
Your melanoma diagnosis isn’t the only thing that the insurance company is going to account for when looking at your application. They will also account for the traditional factors like your age, weight, health, occupation, hobbies, and much more. All of these factors are going to play an important role in determining if you’re accepted for coverage and how much you pay for your policy.
How To Be Prepared When Applying After Melanoma
There are some best practices when applying for life insurance after melanoma. As with any other application for life insurance, the carrier will be looking at your overall picture of health, both current and historical. The more organized you can be when applying, the better. Here’s what you’ll need:
- Complete your application thoroughly.
- Have as many records on hand as possible.
- Make a list of the contact information for all doctors/specialists.
- Record dates, medications, and other related data.
- Be proactive in supplying new information.
Each of these tidbits will aid you in having the most smooth process possible, but be patient anyway. The process for applying for life insurance can take over a month, especially if you have an extensive medical history which has to be reviewed.
Use an independent agent, like us, who can use many carriers. The more carriers available, the better, because there are so many different companies who view each health concern differently. We are knowledgeable with which company will be most aggressive in offering life insurance after melanoma, and it could end up saving you hundreds or thousands of dollars on your coverage.
It may also help you in avoiding a decline from a company who won’t write life insurance after melanoma at all. Each insurance company is different, and all of them look at preexisting conditions through different eyes, which means that insurance companies are going to give you drastically varying feedback based on their medical underwriting.
If you have other questions which we might be able to answer for you, please don’t hesitate to get in touch. We can make the life insurance buying process and quick and easy as possible. We’re here to help. Our agents are dedicated to helping you find the perfect insurance policy for you and your family. Not having life insurance is the worst mistakes that you can make for your family. It could leave them with massive debts if anything tragic were to happen to you.