Life Insurance After Cancer

Insurance companies will generally tend not to offer life insurance quotes to individuals until a couple of years after they have recovered form cancer. The reasoning behind this is that the risk of the cancer returning begins to drop significantly after a number of years.

A person looking for life insurance after cancer is likely to face higher premiums then other people for a number of years after their recovery. Insurance providers offer higher premiums to those individuals and groups that have been assessed as high risk, such as people with health problems, meaning there is more likely to be a claim.

In assessing whether life cover will be offered an insurance company will ask for medical records and may even seek to speak to medical professionals about your condition and its subsequent treatment. Risk assessments will be based on the extent of the cancer and the length of the illness before the treatment.