Life Insurance with Lung Cancer

You might not think life insurance with lung cancer is possible, but it is.

Several top-rated carriers offer life insurance for lung cancer patients. And our independent agency is here to help you shop your best price.

As long as you’re between ages 50 and 85, you cannot be turned down due to your health. Your acceptance is guaranteed.

Lung Cancer and the Need For Life Insurance

Lung cancer is an aggressive form of cancer that brings significant challenges. 

Health impact

Lung cancer is the leading cause of cancer deaths for both men and women in the United States. And the 5-year survival rate for lung cancer is a mere 18%, much lower than many other cancers.

Financial impact

Not only is lung cancer extremely deadly, but it also is one of the most expensive to treat. 

The annual cost of care for lung cancer patients ranges between $100,000 and $250,000. Depending on your health insurance plan, you may end up paying anywhere between 10 – 40% of these costs. 

In a recent article from Lungcancernews.org Dr. Doreen A. Ezeif states:

“studies have shown that patients diagnosed with lung cancer in the United States are almost four times more likely to declare bankruptcy. And bankruptcy is associated with higher cancer mortality.”

It’s important to understand that the financial impact of cancer directly affects mortality rates.  

How Life Insurance Can Help 

Lung cancer patients face a reality where mortality rates are low, and the financial cost is very high. While there may be limitations for you to produce new income, you do have the option of purchasing a life insurance policy to provide guaranteed funds for your family during the time they’ll need it most. 

Life insurance funds can help pay for funeral costs, unpaid medical bills, and personal debts that, if remain unpaid, can burden your surviving loved ones. Your beneficiary can use the money however they need. There are no restrictions on how to use the funds. 

Life Insurance Options for Lung Cancer Patients

Individuals seeking life insurance with pre-existing medical conditions will have limited coverage options. However, you still have options. 

Guaranteed Acceptance Life Insurance is the last resort coverage option for individuals who do not qualify for other types of policies. 

Unlike traditional life insurance, there are no medical exams or any health questions.

Plans provide up to $30,000 in coverage to help reduce or eliminate end-of-life expenses. Once enrolled, you lock in your policy and your premium rates for life. As long as you pay your monthly premium, your coverage is permanent, and your rates will never increase. 

Guaranteed acceptance plans are a type of senior life insurance. Therefore to enroll, you must be between ages 50 and 85. 

Shopping For Your Best Rate

Shopping for life insurance with cancer is no easy task. Unless you know what you’re looking for and where to buy, it’s likely that you’ll end up overpaying for your coverage or, worse, completely uninsured.

Our independent agency specializes in helping those in poor health secure the funds they need to protect their families. We’ve brought together all the top-rated providers offering guaranteed acceptance policies in one location. And you can quote all of these carriers by filling out the quote form on your screen.

We’ll help you compare life insurance companies side by side to find your best policy and lowest premium rate.

How to Enroll Today

Enrolling in life insurance with lung cancer is easier than you think. It all begins with a quote. After receiving your personalized quotes, one of our friendly agents will reach out to help you compare policy details and to answer any questions.

Remember, independent agents work for YOU, not the insurance company.

Our streamlined application process is super simple. You can complete your enrollment in about 15 minutes, and your coverage can begin the very next day.

We go the extra mile and help our clients even after they invest in a policy. Most states allow up to 30 days as a free look period in which you can try your policy risk-free. We work with our clients during this time to make sure their coverage fits their insurance needs and fits their budget.

We’ve helped thousands of people in poor health protect what matters most. We’d love to help you too.

Explore your options today by claiming your free quote.