It’s common for people to start thinking about the future of their loved ones after receiving a terminal diagnosis. Cancer may go into remission, but it can also become terminal, leading to feelings of uncertainty about how the family will handle funeral expenses. Typically, life insurance in Evansville, IN, can provide financial support.

Can You Get Insurance With a Cancer Diagnosis?

Yes, many companies will still offer life insurance policies to individuals with a cancer diagnosis. Most companies, including Trestle Insurance Agency Inc., will inquire about your health and diagnosis. They’ll need to know if your cancer is terminal and what stage it is.

Lower Death Benefit

Your diagnosis can impact your policy in several ways. For individuals with a terminal diagnosis, the death benefit is often reduced since they may not have paid into the policy for very long. However, the benefit is usually sufficient to help loved ones cover expenses such as burial costs.

Higher Monthly Payments

People with a cancer diagnosis may face higher monthly payments compared to those without such a condition. A professional agent can work with you to secure the lowest possible payments. Since rules and regulations vary among companies, it’s essential to consult with an agent to understand your payment options.

Honesty Is Crucial

Reviewing doctor statements and medical records is essential to ensure you provide accurate information. If the information you provide is incorrect, the company may deny the claim for a death benefit. For instance, if you disclose a cancer diagnosis but fail to mention that it is terminal, the claim could be denied after your passing.

Agents at Trestle Insurance Agency Inc. can help you navigate these complexities. Contact us today to learn more. We proudly serve the Evansville, IN, area.