Prostate-specific antigen, or PSA, is a body protein that is produced by the cells of the prostate gland. The PSA test is a medical test that is used to measure the PSA levels in the blood. A higher level of PSA level in the blood is indicative of the presence of prostate cancer. This makes arranging insurance policies for patients suffering from high PSA levels a challenging process.
Life Insurance and raised PSA levels
Whenever you have a medical condition, the first thing the life insurance providers do is access the amount of risk involved in providing you with any life insurance policy.
The higher the medical risk, the more reluctant are the insurance providers to offer you an insurance policy.
Now, it is important to remember that high PSA levels in it are not a serious medical condition BUT can be indicative of a series of other conditions that can be alarming.
Before the insurance providers can offer you an insurance policy, the insurance providers will appoint a professional known as an underwriter who will actively look through your application and other information that you will be asked to provide. The underwriter will carefully analyse your case and draw up a report that will indicate the level of risks involved in providing you with insurance. The underwriter will determine the availability as well as the cost of your insurance policy.
What will the insurance underwriter need to know?
To successfully underwrite your insurance application, the insurance providers will need you to answer a couple of questions related to your medical condition. These questions may include, but are not limited to the following:
- Your diagnosis with elevated PSA levels.
- The lifestyle changed you have made since your diagnosis with the condition.
- The severity of your medical condition as indicated by your medical records, BMI value and also your lab results.
- Any other medical conditions you might have.
- If you are a tobacco user.
The life insurance application is likely to be accepted at very high terms and rates of premium if you are a frequent tobacco user. In rare cases, your application can also be declined.
We would recommend you to talk to one of our advisers for life insurance quotes.
Any quote that your adviser provides you with will take into account your circumstances, your medical history, as well as your budget!
Call 011-3733-4610 – Monday to Thursday from 11.00 to 19.00 and on Friday between 11.00 and 16.00