Did you know that there are over 200 types of cancer? Over 2.5 million people in the UK have been diagnosed with cancer, making it one of the most common conditions we cover at iLL for life insurance. Our unique comparison service and network of approved impaired insurance specialists can help you quickly and easily locate the best cancer life insurance policy for your circumstances.
Cancer is a condition which occurs when cells in the body grow abnormally and reproduce, usually destroying healthy tissues and organs. Cancer normally starts in one part of the body, before spreading to other parts. This is called ‘metastasis’. Cancer is unfortunately a very common condition, with 1 in 2 people being diagnosed at some point in their lives. The most common types of cancer in the UK are breast cancer, prostate cancer, bowel cancer and lung cancer. Every type of cancer is treated differently, depending on where it is located. Treatments include surgery, radiotherapy and chemotherapy. Symptoms of early cancer include the appearance of a lump on the body for no reason, bleeding and changes in bowel habits.
Generally speaking, thanks to research, people with cancer are living longer following their initial diagnosis because of the development of new treatments. If you have been diagnosed with cancer and are looking for cancer life insurance cover, it is likely that you will be accepted, especially if you are in partial or total remission. If your condition is or was more severe however, it is likely that insurers will place exclusions on your policy for certain medical conditions or based on your current health.
Some forms are cancer are hereditary. If you have a form of cancer that runs in your family, some insurers may be cautious about accepting applications, and will ask you further questions about your family medical history. All insurers have to underwrite applications they receive from customers looking for cancer life insurance, and need to assess their level of risk. If you have inherited a faulty gene that puts you at greater risk of developing cancer, it may be more challenging to find an insurer that meets your needs, and you may pay higher premiums. Many insurers will however accept applications for cancer life insurance depending on the applicant’s circumstances.
At iLL, our comparison service can help you find the right insurer for your needs. As cancer is such a common condition for which many people want life insurance cover, insurers now have more policies available. Acceptance rates for cancer life insurance are also generally higher due to improvements in medical treatments and advances in cancer research. More and more people are living healthy, normal lives following successful cancer treatment.
The cost of premiums that you pay for cancer life insurance will depend on the insurer that you have a policy with, and the type of cancers(s) you are covered for. This is why iLL is the right place to find the best cancer life insurance specialist. Every set of circumstances is different, but generally speaking, an insurer will determine premiums based on your current health and lifestyle, treatments undertaken for cancer, surgeries undertaken, the type of cancer you were diagnosed with, the date of the diagnosis and time spent in remission. Your premiums will also depend on the stage and grade of the cancer you have been diagnosed with.
In some circumstances, you may find that a loading fee is applied to your policy. This is an increase on the price you pay as a premium, depending on your level of risk to an insurer. For instance, if your cancer is severe or serious, there is a great likelihood of you making a claim to an insurance company in future. A loading fee may therefore be applied to cover this risk.
At iLL, our specialist impaired life insurance partners and comparison service can help you find the right FCA-regulated cancer life insurer that suits your needs, helping you to compare prices and find the best deal for your circumstances. Just fill in our form below to get your quote.
iLL works with many of the UK’s leading cancer life insurance providers. With our panel of FCA registered impaired life insurance specialists, you can receive quotes from more than one insurance provider offering cancer life insurance. Just submit your details through one of our quick and easy online forms to receive quotes and be specially matched against the UK’s leading FCA-regulated insurance providers. This should help you to find:
Many insurance providers will view critical illness cover for cancer patients in the same way that they do cancer life insurance. If you are trying to secure critical illness cover and you have cancer, you may need to speak to a specialist insurer that suits your needs, as some insurers may not accept you, or will only accept you with exclusions applied to your policy. Always remember that acceptance cannot be guaranteed and it entirely depends on your circumstances. iLL can help to match you with a quote from the right approved and vetted insurer today. It’s quick, simple and saves you the hassle of searching the market for the right insurer.
For more information, help and support about living with cancer, visit the following links:
Cancer Research UK
At iLL, we understand that being diagnosed with cancer can be a distressing and worrying experience. We can help you have peace of mind in the knowledge that you and your loved ones are protected by making the buying of cancer life insurance as simple as possible. Fill in our easy 30-second form with your details to be referred to our specialist impaired life insurance partners for cancer life insurance. Our free service can help you find the most comprehensive cover at the best price.