In the following article, we want to take a moment and try and shed some light on what the process of applying for life insurance will look like for someone who has been diagnosed with either endometrial cancer or uterine cancer.
It’s common within the life insurance industry to discuss these two “types” of cancers as one in the same, the truth is, there are four “kinds” of uterine cancer that an individual may be diagnosed with and endometrial or endometroioid adenocarcinoma just happens to be the most common one.
Because uterine and/or endometrial cancer is the most common type of cancer that affect the female reproductive system, we here at TermLife2Go over the years have gained a “bit” of experience working with it. Which is why we know firsthand just how challenging it can be for someone to be able to qualify for a traditional term or whole life insurance policy after being diagnosed with this type of cancer.
This is particularly true if…
You agent isn’t really familiar with your condition or he/she doesn’t have access to multiple insurance companies for comparison and underwriting purposes!
The good news is that…
Here at TermLife2Go, we pride ourselves on our knowledge of different pre-existing medical conditions like endometrial cancer and work very hard to develop and maintain relationships with dozens of different life insurance companies so that we’ll be able to increase your chances of qualifying for a great life insurance policy!
Now how do we do this?
That’s simple, first we try and figure out what you’re hoping to achieve by purchasing your life insurance policy, then we apply your goals to what we know about the life insurance industry and its underwriting guidelines. Along the way, we explain how the whole process works.
We do this…
Because we’ve found that our “best” clients are the ones that are the most informed and aware of how the process works. This way, you’ll understand why we make the recommendations that we do and understand that at the end of the day, all we’re really concerned about is helping you to find the best life insurance policy that you can qualify for!
So, with this in mind…
Let’s walk you through our “thought process” when it comes to helping those who have been diagnosed with endometrial or uterine cancer and being our discussion by first defining exactly what uterine cancer is.
What is Uterine cancer?
Generally speaking, one can define uterine cancer as cancer that develops within the endometrial cells that line the uterine wall. That said however, there are many different “types” of uterine cancers that can occur, the most common 4 are:
- Endometrioid Adenocarcinoma, which account for nearly 75% of all uterine cancers.
- Serous adenocarcinoma, which accounts for around 10% of all uterine cancers,
- And Adenosquamous carcinoma and Carcinomasarcoma which are both pretty rare.
Now at this point…
We like to remind our readers that we’re not medical professionals. And we’re certainly not doctors. So, if you have any specific questions you would like to ask about your diagnosis, please don’t ask us, cause we are certainly not qualified to answer any questions like that.
All we are…
Is a bunch of life insurance agents who just happen to be really good at help folks with pre-existing medical conditions like endometrial cancer find a qualify life insurance policy that they can qualify for. And we love doing it!
If that’s all you’re looking for today, you’re in good shape because we’re now going to dive into what options are going to be available to you after you’ve been diagnosed with uterine or endometrial cancer.
Will I qualify for life insurance with or after being diagnosed with endometrial cancer?
This is probably most important question that a client will ask us if they’ve been diagnosed with uterine cancer. And while we would love to simply answer this question with a “yes” or “no” answer, the truth is – there are a lot of factors that go into finding an answer for this simple question.
Most importantly, the insurance companies will want to know:
- When were you first diagnosed with your uterine or endometrial cancer?
- Are you still treating your cancer? Or are you currently in remission?
- If you are in remission, when was your last date of treatment?
- What “stage” was your cancer diagnosed at and at what “stage” was your cancer beaten at?
- The kind of treatments did you receive?
- Do you still suffer from any linger complications due to your cancer?
- What prescription medications are you taking now?
That being said however…
There are some “generalizations” one can make when it comes to apply for a traditional term or whole life insurance policy after being diagnosed with uterine cancer. Such as if you:
- Were diagnosed with uterine cancer at a young age,
- And you discovered your cancer early on,
- And you’re completely healthy now,
You’re “generally” going to be considered a better candidate for a traditional term or whole life insurance policy that someone who doesn’t meet these criteria.
But that doesn’t mean…
That if you’re not an “ideal” applicant you won’t be able to find coverage, it just means that it’s going to be “additionally” more difficult for you to qualify for coverage. But don’t fret, that’s what we’re here for!
Life Insurance Rates for Endometrial Cancer Survivors.
The first thing that you’re going to need to understand is that the “rate” that you will be offered by a life insurance company for a term or whole life insurance policy will depend largely on the stage of endometrial cancer when you recovered. So, let’s take a moment and discuss how doctors will diagnose a particular stage and talk about how this will impact your chances at qualifying for a traditional term or whole life insurance policy.
Stages of Endometrial Cancer
Doctors use a “stage” system to explain how advanced any type of cancer may be. Stages range from zero (usually no visible tumor, but presence of cancerous cells) to four (has spread to other major organs). The earlier you “catch” your cancer, the easier your cancer will be to treat which will usually improve one’s long term prognosis. As a result, it will also improve your chances at qualifying for a great life insurance policy!
Stage 0 Uterine cancer.
Stage 0 uterine cancer is also referred to as an in-situ carcinoma. In this stage, the cancer cells are only found in the surface layers of the endometrium, and show no sign of having invaded any nearby neighboring cells.
Individuals diagnosed with Stage 0 uterine cancer…
Now in “theory” it is possible for someone that has been diagnosed with Stage 0 to be able to qualify for a “Standard” or “Normal” life insurance rate. Possible but not very likely. In cases like these, the applicant will need to be in stellar medical condition and at least 4 years removed from your last date of treatment. And even in cases like these, being able to qualify for a Standard rate will be unlikely. Instead, most Stage 0 uterine cancer survivors will qualify for a Table Rate.
Table rates are life insurance rates that fall just below Standard or normal rates. In total, there are 10 possible Table Rates an individual can qualify for ranging from Table A (the best or least expensive) to Table J (the worst or most expensive table rate).
The trick for anyone…
Diagnosed with stage 0 uterine cancer will be to find those life insurance companies that will approve them at a Standard or Table A rate, and then look to see which one of those companies have the “best” rates for those categories.
Stage 1 Uterine Cancer.
Stage 1 uterine cancer is defined as cancer that is still confined within the uterus. Stage 1A is cancer confined to the inner layer of cells of the uterus (endometrium). Stage 1B is cancer that has entered into the muscle wall of the uterus but has only progress half way through the muscle layer.
Individuals diagnosed with stage 1 uterine cancer…
Will generally be treated the similarly to those who have been diagnosed with stage 0 uterine cancer only now, it will be next to impossible to qualify for a Standard rate.
Most insurance companies will require applicants who have been diagnosed with stage 0 or 1 to wait at least 2 years from their last date of treatment before they will be considered eligible for a traditional term or whole life insurance policy. Additionally, those applicants who wait at least 4 years will generally be able to qualify for a better rate than someone who has only been in remission for 2 years.
Our advice here at…
TermLife2Go is to get insured when you can, you can always reapply for coverage after you’ve hit the 4 year remission mark in an effort to lower your cost at that point. Waiting several years without any life insurance coverage is rarely a good idea!
Stage 2 uterine cancer.
Stage 2 uterine cancer is defined as cancer that has spread within the uterus and cervix only.
Individuals diagnosed with stage 2 uterine cancer…
May still be eligible for a traditional term or whole life insurance policy, but like stage 1, they too will not be eligible for a Standard rate and will likely only qualify for a Table D or lower rate and will usually have to wait a minimum of 5 years before they will be eligible for coverage.
These rates may improve over time, but it’s important to have realistic expectations when applying for coverage after being diagnosed with stage 2 uterine cancer.
Stage 3 and Stage 4 Uterine Cancer.
Stage 3 uterine cancer is defined when the cancer extends outside of the uterus but remains within the pelvis area. Stage 4 uterine cancer is defined as uterine cancer that has entered into the bladder and/or bowel area, and can also be present throughout the body.
Individuals diagnosed with stage 3 or stage 4 uterine cancer…
In general, will not be eligible for a traditional term or whole life insurance policy. Individuals who have been diagnosed with stage 3 or 4 uterine cancer will need to pursue an “alternative” life insurance product like a guaranteed issue life insurance policy if they would like to qualify for life insurance.
Being denied life insurance coverage after endometrial cancer.
If you’ve been denied coverage, this means that you were considered “too high” a risk for an insurance company to approve you for a traditional term or whole life insurance policy. That said you may still be eligible for a guaranteed issue life insurance policy.
What is a Guaranteed Issue Life Insurance Policy?
This is just as it sounds: a life insurance policy you can get no matter what! Provided that you meet 3 qualifications which are:
- You’re a US citizen,
- You live in a state where guaranteed issue life insurance policies are offered,
- And you meet the minimum age requirements.
And that’s it! In fact, even if you currently have stage three or four endometrial cancer which has spread to other organs of your body – you can still qualify for a guaranteed issue life insurance.
People who qualify include people who are:
- On palliative care,
- Undergoing radiation,
- In hospices,
Yes – even in the worst-case scenario endometrial cancer, you will still qualify for guaranteed issue life insurance.
But just because you can…
Purchase a guaranteed issue life insurance policy doesn’t mean that you should purchase a guaranteed issue life insurance policy. You see, guaranteed issue life insurance policies are going to have their “problems”. Mainly that they:
- Don’t provide a lot of coverage (usually limited to $25,000 or less),
- Tend to cost more than other traditional types of life insurance (dollar for dollar),
- And they contain a graded death benefit which will limit when your guaranteed issue life insurance policy will begin covering you for natural causes of death!
For more information about guaranteed issue life insurance policies please visit our article: Top 10 Best Final Expense Policies.
Finding the Right Life Insurance Company.
In order to get the best coverage in the most affordable price, you need to find the right life insurance company. But…there’s not one life insurance company that’s right for all endometrial cancer survivors or patients.
Life insurance is a personal matter – and there are a lot of factors that come into consideration.
If you want to find the best, you need to find the best FOR YOU. And the only way to do that is to speak to a life insurance expert like TermLife2Go.
We’ll get to know about you, your history with endometrial cancer, and other information before we recommend a life insurance company and policy. Then, we’ll recommend one that’s right for you, your budget and your situation.
So, what are you waiting for? Give us a call today or visit our Life Insurance Quotes page and see what we can do for you!