Co-Founder, Coastal Financial Partners Group, California
For life insurance that is underwritten, it depends on the kind of skin cancer and how long it is has been since all treatment has ended.
Acticinic keratosis, basal cell and squamous cell carcinoma, if detected early, are easily cured and are the most likely types which can result in life insurance being issued, even at standard rates.
Malignant melanoma, the rarest and most virulent form of skin cancer, is responsible for 75% of all deaths from skin cancer. This is the type where, depending on the staging and treatment, are likely to be either rated or declined. Stage IV and recurrent cases are likely to be totally uninsurable.
Meet with a life insurance professional that has experience working with underwriters on cases like this for the best possible outcome.
Most people can get life insurance after having skin cancer.
If basal cell carcinoma, the rates usually are what they would be if the person never had skin cancer.
If squamous cell carcinoma, it depends on the stage of the cancer, how it was treated, and for how long the person has been skin cancer free. A standard to low table rating is common.
A diagnosis of melanoma will require that the cancer was a low stage, was successfully removed without recurring, and that a certain amount of time has passed since the last treatment, in order to get a medically underwritten policy. It may have a flat extra during the first few years of the policy. If that is not available, persons with past melanoma can usually get simplified issue coverage, and can definitely get a guaranteed issue policy if they qualify age-wise.
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Acticinic keratosis, basal cell and squamous cell carcinoma, if detected early, are easily cured and are the most likely types which can result in life insurance being issued, even at standard rates.
Malignant melanoma, the rarest and most virulent form of skin cancer, is responsible for 75% of all deaths from skin cancer. This is the type where, depending on the staging and treatment, are likely to be either rated or declined. Stage IV and recurrent cases are likely to be totally uninsurable.
Meet with a life insurance professional that has experience working with underwriters on cases like this for the best possible outcome.
If basal cell carcinoma, the rates usually are what they would be if the person never had skin cancer.
If squamous cell carcinoma, it depends on the stage of the cancer, how it was treated, and for how long the person has been skin cancer free. A standard to low table rating is common.
A diagnosis of melanoma will require that the cancer was a low stage, was successfully removed without recurring, and that a certain amount of time has passed since the last treatment, in order to get a medically underwritten policy. It may have a flat extra during the first few years of the policy. If that is not available, persons with past melanoma can usually get simplified issue coverage, and can definitely get a guaranteed issue policy if they qualify age-wise.