What do I need to know before getting a prostate cancer life insurance?
- Prostate cancer life insurance is typically underwritten in favour of the customer.
- It is possible to receive a standard set of terms on prostate cancer life insurance after a certain amount of time has elapsed since you got your treatment.
- The premiums are entirely dependent on the severity of the condition.
- Prostate cancer is the most common form of cancer in males.
- The survival rates are incredibly high. So, keep fighting!
- At the time of application, you will be asked for a medical history report and other relevant documents.
What will it cost if I decide to take out a prostate cancer life insurance policy?
You will need to hand out the documents that will help the insurance company assess its severity. This is a standard practice that any insurance company follows before approving a policy for pre-existing illness.
You might be asked some questions at the time of the application, so remember to mention each detail so you can receive the best terms.
Some of these questions are as follows:
- Age at the time of diagnosis
- Did you undergo treatments like chemotherapy or any other medication?
- What was the grade or stage of your prostate cancer?
- How much time has passed since the termination of your treatment?
What are the factors that affect my premiums?
The premiums of any standard life insurance policy typically depend on the following variables:
- The term you wish to be covered for
- The sum you wish to receive as coverage
- The type of policy you wish to take out
How much amount do I need as a cover?
The prostate cancer life insurance policy is subjected to an increase during the underwriting phase. It all depends on the risk, duration since the treatment, and many other factors.
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