Life Insurance with Sarcoma

Life Insurance

Sarcomas may manifest through symptoms like pain or discomfort for some individuals, while others may experience no obvious symptoms at all.

Receiving a sarcoma diagnosis might have prompted you to consider life insurance. Our assistance and support are available to you throughout the entire process.

We require some information from you before we can begin:

1. How many tumours have you had?
2. Where was the tumour located?
3. What was the staging of the tumour?
4. What treatment have you had?

Individuals who apply for life insurance after having a sarcoma may qualify for standard coverage terms. The outcome relies heavily on the exact diagnosis you received.

The insurer may ask for a medical report from your GP to confirm details about the sarcoma, including its location, diagnosis date, number of tumors, and if it’s a recurrent issue.

When sarcomas are deemed non-malignant, it may be possible to get life insurance at regular prices. This means it is available at the standard price.

If your sarcoma is cancerous, it is probable that the insurer will apply a premium rating to your life insurance policy. While it may not be ideal, a premium increase doesn’t necessarily mean crazy prices. It is important to inquire about the cost and understand it beforehand.

After a certain period of time has passed since your last treatment, which could be several years after completing your treatment, you are more likely to be offered more favorable life insurance terms.

Critical Illness

Individuals who have had a sarcoma may qualify for critical illness cover under regular terms if the tumor was noncancerous. The insurer requires a waiting period between diagnosis and completion of treatment.

Just like with life insurance, it’s possible that the insurer will ask for a report from your GP to verify details such as the sarcoma(s) location and the duration after your treatment concluded.

If the sarcoma is diagnosed as cancerous, the insurer may add a loading to the policy premium or exclude cancer from the policy claims. Before accepting the policy, make sure to confirm whether it includes an exclusion for the specific sarcoma you had, or if it has a full cancer exclusion.

If the sarcoma was non-cancerous, it is possible to obtain critical illness cover at standard terms from certain insurers.

Income Protection

Income protection may be available at standard terms for individuals who have had sarcoma(s). The outcome will vary based on factors such as tumor type, number of occurrences, and the duration since diagnosis and treatment completion.

If the sarcoma was malignant, the insurance company will likely adjust the policy premium or exclude cancer coverage from the policy.

Individuals with sarcoma or those who recently completed treatment may need to wait for mainstream insurers to provide coverage.

In the event of this, there are alternative options for income replacement that we can explore, without requiring any medical history. This could work, but it’s important to understand all the technicalities and exclusions with the help of an adviser.