A friend of mine just diagnosed with cancer. Can she still get life insurance now?
Henry
Houston, TX.
Well Henry,
Cancer Insurance is available it may be a bit challenging but not impossible. Getting a policy depends on the type of cancer you have, the stage, the grade, and even the treatment.
A good policy will pay for hospital stays, medicine, surgery, doctors’ visits, radiation treatment and chemotherapy.
Cancer, along with its treatments, can lead to other physical problems, such as infections, diabetes and pneumonia. Most cancer policies do not cover treatment for these illnesses.
Often, cancer treatments require travel to a hospital hundreds of miles away. Not all cancer policies will cover travel expenses, but some will cover not only the travel of the patient but also of companions.
While most cancer insurance policies will pay even if you’re already getting health coverage under another policy, the reverse may not be true. Some major medical policies won’t pay out if you hold other coverage, such as cancer insurance.
Know how long you have to wait after a diagnosis before coverage kicks in. It could be 30 days or longer. Also find out if there is a maximum time period for coverage.
Hope this website answered your question. Thank you.