Can I take out life insurance if I've been diagnosed with cancer?

If you have been diagnosed with cancer, you may still be able to take life insurance. Typically, your cover will depend on your illness and your insurer.

Frequently asked questions

It depends on the severity of your cancer and your medical outlook. You will most likely pay higher premiums as the risk of you claiming is higher. Some insurance companies will cover you if you have been given the all-clear and have been for a set period of time.

Typically, life insurance costs depend on several factors, including age, health, lifestyle, family medical history, the type of insurance you get, and the sum assured.

You can claim your own life Insurance for a terminal illness but you'll need to still be paying your premiums at the time of claiming. In addition, most policies have terminal illness included, but some older policies might not. Each insurer will have their own definition of what constitutes a terminal illness. It's important to check the details of your life insurance policy when you buy it to make sure you understand what terminal illnesses are covered.

To claim life insurance after someone dies, the beneficiary should contact the provider as the process and requirements will be different for each.

It is possible to get life insurance if you have type 1 or type 2 diabetes. However, you must be able to demonstrate that your condition is being managed and under control. Premiums may be higher so it's worth shopping around or speaking to a financial advisor about the best options.

It depends on the severity of your cancer and your medical outlook. You will most likely pay higher premiums as the risk of you claiming is higher. Some insurance companies will cover you if you have been given the all-clear and have been for a set period of time.

Typically, life insurance costs depend on several factors, including age, health, lifestyle, family medical history, the type of insurance you get, and the sum assured.

You can claim your own life Insurance for a terminal illness but you'll need to still be paying your premiums at the time of claiming. In addition, most policies have terminal illness included, but some older policies might not. Each insurer will have their own definition of what constitutes a terminal illness. It's important to check the details of your life insurance policy when you buy it to make sure you understand what terminal illnesses are covered.

To claim life insurance after someone dies, the beneficiary should contact the provider as the process and requirements will be different for each.

It is possible to get life insurance if you have type 1 or type 2 diabetes. However, you must be able to demonstrate that your condition is being managed and under control. Premiums may be higher so it's worth shopping around or speaking to a financial advisor about the best options.

More on life insurance and cancer