Focus on Risk: Insurance Tips for Females and Families when facing a Breast Cancer Diagnosis

October Breast Cancer Awareness Month, with a pink ribbon
Since October is Breast Cancer Awareness Month, I wanted to share some Insurance Tips for Females and Families!

While working with female clients, many are surprised once they learn about the possible outcomes when applying for disability or life insurance. If a client reports familial history, being prone to the genes, and/or even if they have received a diagnosis, their rates could be different than what they read online when searching for quotes on automated search engines.

The following tips can help you navigate getting insurance coverage after breast cancer:

1. Realize that your case is unique. Not all insurance companies will look at you and your diagnosis the same way. Because breast cancer involves so many factors (e.g., tumor size, location, invasiveness), companies typically handle applications on a case-by-case basis.

2. Don’t go it alone. When you were diagnosed, you talked with experts to help you navigate your journey. Similarly, when it comes to getting life insurance after breast cancer, work with an agent who has experience in this area. It’s their job to find you the best coverage for the best price—one that fits your budget. **And know that talking with an insurance agent is always free!**

3. Give your pathology report to your agent for a preliminary inquiry and work with a broker that can shop to multiple carriers and not just one carrier. Insurance companies offer a range of prices for their policies and this can depend on the type and stages so it is important to shop!

Remember, if you’ve had breast cancer, talk with an insurance agent to see what your options are. A reputable, experienced agent should be able to help you because they have access to underwriting teams while having experience with this type of insurance underwriting.

Photo cred: IG: @femforceshoots_

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Focus on Risk: Insurance Tips for Females and Families when facing a Breast Cancer Diagnosis
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