If you are looking for life insurance approval with leukemia then we may be able to help you.
Although leukemia is a life threatening disease, it is curable and treatable in some instances so finding affordable life insurance coverage is possible.
We will explain more about this particular disease and how the condition is viewed and assessed by a life insurer.
What is Leukemia?
Researchers are not completely clear what specifically causes leukemia to develop but most medical practitioners believe that the condition develops as a result of mutations which occur in the DNA of the blood cells.
The condition may have genetic origins and/or may stem from other environmental factors.
Leukemia is a form of cancer where a red or white blood cell located in the bone marrow mutates into an abnormal cell and begins to replicate. As these abnormal cells continue to increase, they begin to crowd out the normal red or white blood cells in the bone marrow.
This progression of growth eventually leads to a variety of health related symptoms, which include:
• Fatigue and weakness
• Fever and/or chills
• Weight loss
• Frequent or severe infections
• Enlarged lymph nodes, liver or spleen
• Tendency to easily bruise or bleed
• Frequent nosebleeds
• Petechiae which is tiny red spots on the skin
• Night sweats
• Tenderness or pain in the bones
Types of Leukemia
There are 2 main classifications of leukemia. These classifications are based on how fast the disease progresses and the type of cells involved.
The first classification of leukemia includes:
• Acute Leukemia – In acute leukemia, the disease affects immature blood cells which are called “blasts.” These abnormal cells reproduce very quickly and require timely and aggressive treatment.
• Chronic Leukemia – This type of leukemia involves mature blood cells and these abnormal cells tend to replicate more slowly. This condition may not manifest itself for years and symptoms may not appear for some time due to the slower progression of the disease.
The second classification of leukemia involves the white blood cells and includes:
• Lymphocytic Leukemia – where the cancer specifically affects the lymphocytes or lymphoid cells which comprise the body’s immune system.
• Myelogenous Leukemia – where the cancer specifically affects the myeloid cells which are the cells which result in producing red blood cells, white blood cells or platelet producing cells.
There are 4 major types of leukemia which include:
• Acute Lymphocytic Leukemia
• Acute Myelogenous Leukemia
• Chronic Lymphocytic Leukemia
• Chronic Myelogenous Leukemia
Leukemia and Life Insurance Rating Factors
How an insurer will review your situation if you have leukemia will depend on a variety of factors.
If have just recently been diagnosed with the disease and/or are currently receiving treatment, you will most likely be automatically declined for a traditional policy.
If this applies to your situation, there other life insurance options available such as a Guaranteed Issue policy but you should discuss this with an independent agent such as the ones here at Abrams Insurance Solutions.
Other factors which can impact your application include the age at which you were diagnosed and the stage or grade of cancer you were diagnosed.
If you have been diagnosed with a chronic leukemia have stage 0 leukemia and are under age 50, you might qualify for a traditional policy but at a higher rating. Those over age 75 will be declined.
Otherwise, you may be required to have been in remission or cancer free for a waiting period greater than 5 years before you will be considered for a policy.
Information Required By Life Insurers To Rate Leukemia
The information required by an insurer to rate you for approval or decline will include the following:
• Specific type of leukemia with which you were diagnosed
• Date of diagnosis and date of final treatment
• The stage of the leukemia
• How the leukemia was treated
• Whether there has been a recurrence of the leukemia
• Current blood count readings for red and white blood cells, and the platelet count
• Whether the immune system was compromised
• Frequency of medical follow-ups
• Medications prescribed
• Any other relevant health factors
Finding Low Cost Life Insurance With Leukemia
You can find low cost life insurance approval with leukemia by using an independent insurance agent such as you can find here at Abrams Insurance Solutions.
We have access to over 70 life insurance companies so we know which ones are the best life insurance companies and which are more lenient when it comes to issuing a policy for someone with leukemia and other health related conditions.
Why You Should Use Abram Insurance Solutions
We work with an underwriting advisor who is familiar with how each life insurance company prices a policy if you have Leukemia. After learning the specifics of your condition, we will use the knowledge of our advisor to apply with the insurance company that is most likely to approve you with the lowest rate on your policy.
There is no charge for this service and our goal is to find you the best and lowest cost life insurance policy if you have Leukemia or any other medical condition.
If you have any questions, concerns or need advice during the process of finding life insurance approval with Leukemia, or any other health related concerns, then call us at 858-703-6178 today because we can help.