Life Insurance after Throat Cancer- Keys to Approval
Life insurance after throat cancer doesn’t need to be viewed as an impossible task. Regardless of your personal reasons of wanting to obtain life insurance, you must understand, it can be done!
It may just take more legwork if you have a pre-existing medical condition such as cancer. You obviously came to this blog post because you have concerns of the outcomes you may be facing after throat cancer. Great. That’s what we intend on laying out for you!
Whether those concerns are for your wife, dependents, your own personal needs or a business venture, we are to help.
While it may be more difficult to achieve rock star ratings or even an approval for that matter, we will walk you through the step by step process that can help ensure you have the best opportunity to obtaining life insurance after throat cancer.
Throat Cancer- The Break Down
Throat cancer can also be referred to as laryngeal and hypopharyngeal cancer. In 2018, a combined total of 13,150 new throat cancer cases have been diagnosed with 3,710 ultimately resulting in death.
Roughly 60% of laryngeal cancers begin in the glottis according to cancer.org. The glottis is the area which houses your vocal cords. The other 35% will develop above the vocal cords.
The good news? The rates are falling. People are smoking less which is a main factor that causes throat cancer. Currently 2-3% less diagnosed cases of throat cancer are the going pace over the last 5-7 years in the United States.
Laryngeal and hypopharyngeal cancers begin in the lower part of the throat. Cancer begins when cells in the body begin to grow out of control.
Your larynx is your voice box. It’s a major organ that helps us speak. Inside the larynx you will find your vocal cords.
Your larynx is divided into three main parts
Supraglottis- This is just above the vocal cords which contains your epiglottis, which is essentially a flap that closes when you swallow.
Glottis- Vocal Cords
Subglottis- Area Below the vocal cords.
The Two Main Throat Cancers
Squamous Cell Carcinomas- Nearly all cells and cancer in the larynx or hypopharynx develop from thin flat called squamous cells.
Salivary Gland Cancers- Some parts of the larynx and hypopharynx have tiny glands called minor salivary glands beneath their lining layer. The glands produce mucus and saliva to lubricate and moisten the area. Very rare for a cancer to develop in the cells of these glands.
Sarcomas- This is the framework of the tissues and cartilage/ in the throat. Also, extremely rare for cancer to develop in these areas.
Melanomas- Typically present in the skin but in rare cases they can start on inner surfaces such as the larynx or hypopharynx.
Throat cancer is not very common and is still on the decline regarding the total number of cases per year. It’s estimated that roughly 1.1% of all adults will be diagnosed with pharyngeal cancer and less than half a percent will be diagnosed with laryngeal cancer in a lifetime.
Risk Factors for Throat Cancer
As with all forms of cancer, you have the main risk factors that expose you to a greater likelihood of developing throat cancer over your lifetime.
Here’s your top risk factors for developing throat cancer.
-HPV (Human Papillomavirus infection)
-GERD or acid reflex
How can it Be Prevented?
Here’s a quick list of easy measures to help prevent throat cancer.
-Avoid the HPV Infection
-Don’t Drink or Drink in Access (We all love a frosty beverage from time to time)
Staging of Throat Cancer
Almost all cancers run on a staging system. This is a huge factor when determining your overall ability to gain life insurance coverage. Throat cancer currently is staged using the following.
Stage 0- Stage 0 throat cancer, the tumor invaded the tissue in an individual’s throat but has stayed localized without spreading elsewhere.
Stage 1- This is where the tumor representing the throat cancer has grown to a size up to 7CM but not greater than 7CM. The cancer is still localized in the throat and has not spread to any nearby areas.
Stage 2- The tumor is still limited to the throat area but it’s now larger than 7CM in size.
Stage 3- The tumor has expanded and is still growing and has possibly spread to other tissues and organs in the body.
Stage 4- The tumor has spread, it’s re located to other organs and entered the lymph nodes.
What Will We Need to Begin the Life Insurance Process?
Having your information ready to rock and roll when applying for life insurance can be a huge help.
A checklist of what will be needed can be a good starting point as well so let’s touch on that.
Here’s the most important things the life insurance agent and company will need to begin your application.
Step 1- Complete the Life Insurance application with your independent life insurance agent.
Step 2- Have the following answers and information readily available for your agent.
Do you have any other health issues outside of your throat cancer?
If so, what’s the other medical conditions?
When was your original diagnosis of the throat cancer?
What stage was the throat cancer?
Did the throat cancer stay localized or spread to other organs or lymph nodes?
Do your current smoke or use other tobacco products?
Which treatment method did you undergo? (Radiation, Percutaneous Endoscopic Gastrostomy, Neck dissection, flap surgery, chemotherapy?
When did the said throat cancer treatment begin?
How long has it been since the treatment was completed?
All medications currently being taken for throat cancer or other medical conditions?
What are the possible rates or approval outcomes you will face after throat cancer?
Depending on the stage of the throat cancer, your outcomes or chances at an approval change dramatically. Let’s look at how it may play out for you.
Stage 0- Unfortunately, even though you can easily obtain life insurance after stage 0 throat cancer, the best possible rate will be a standard rating. This is a good rating. 2nd best on a scale of nearly 12-18 health classes depending on the life insurance company.
If you have been cancer free for a year and remained at stage 0 when diagnosed, you most likely can pull of standard rates with the correct agent and company.
Stage 1- This is basically a repeat of stage 0 cancer but with a longer waiting period before hand. You may still qualify for a standard rating, but the insurance company may want several years to have passed before they issue the standard rating. If it’s been less than several years, you may achieve sub-standard rates, or you be accessed an extra fee on your life insurance.
Stage 2- Stage 2 you have a 50/50% chance of approval. Some life insurance companies are just going to decline the applications, and some will offer you coverage at very low health class ratings which in return may cost you a bit more for the coverage if approved.
Stage 3- Stage 3 throat cancer patients or survivors will not be offered traditional life insurance. You will want to look at Guaranteed Issue Life Insurance.
Stage 4- Same as stage 3 throat cancer
Putting it all together
The important thing to understand is that life insurance after throat cancer is doable. Sure, you may pay a little more or have a few extra hoops to jump through, but it can be done.
You just must get started.
Talk to an agent and explain your situation and ask for his or her input on which company would be the best fit for the circumstances.
At Good Life Protection, we handle hundreds of life insurance application for clients who survived throat cancer. Give us a call today and let us see how we can help you.
Have we left anything out? We would love to hear from you! Leave a comment below or fill out your quote form to the right to view possible pricing for life insurance after throat cancer.