Prostate Cancer Life Insurance Covers:
- Life Insurance after Prostatectomy
- Life Insurance after Prostate Cancer Radiation
- Life Insurance for Active Surveillance
- Top 5 life insurance tips for prostate cancer survivors
- Previously denied insurance due to prostate cancer?
Our goal is to get you the best life insurance rates available by shopping your information to all the companies that specialize in prostate cancer.
Prostate Cancer Overview
If you had prostate cancer, you’re not alone.
According to the Prostate Cancer Foundation, 1 in 9 men will be diagnosed with prostate cancer at some point in their lifetime.Prostate Cancer Foundation – prostate cancer FAQs
At RiskQuoter, we specialize in cancer life insurance and know how to get you approved when you have a history of prostate cancer.
Life insurance carriers look for the following:
- Your age at the time of diagnosis.
- PSA levels before and after treatment.
- What was your prostate cancer stage from the pathology report or biopsy report?
- Your Gleason Score – We need the highest recorded Gleason Score.
- How was
the prostatecancer treated?
- Is there a family history of prostate cancer?
We’re able to quickly provide you with prostate cancer quotes when you submit your information to us.
Life Insurance after Prostatectomy
Life insurance after radical prostatectomy is available as soon as 3 months after surgery for localized (Stage 1-2b) prostate cancers.
For patients diagnosed with early stage, low-risk prostate cancer, life insurance companies are more likely to grant standard rates after radical prostatectomy or external beam radiation therapy than active surveillance. Other favorable factors include older age diagnosis and duration of
Once the radical prostatectomy is complete, the most competitive life insurance rates go to those who had:
- Pre-treatment PSA levels of 10 or less
- Gleason score of 6 or less
Post surgicalpathology staging of T2b or less
- Negative surgical margins
- Post-treatment PSA level less than 1.0
- Age 60 or older at time of diagnosis
- No family history of prostate cancer
If you meet all of the above factors, a “non-smoker plus” rate may be available to you, and in some limited cases, it may be possible to obtain a “preferred” rate.
If you do not meet all of the above criteria, life insurers will view your negative factors as “unfavorable” or “very unfavorable”
Examples of negative factors include:
- Pre-treatment PSA between 11-20
- Gleason score of 7
- Age 50 – 55 at time of diagnosis
- Hormone therapy before surgery
- Positive surgical margins
Very Unfavorable Factors
- PSA of 1.0 or higher after surgery
- Under Age 50 at diagnosis
- Gleason score of 8 or higher.
- Stage T2c or greater
- Hormonal therapy after surgery
- Any recurrence
If you have any of these in your prostate cancer history, underwriting may require additional postpone periods before life insurance is available.
Life Insurance after Radiation Therapy
Most radiation treatment of the prostate gland includes brachytherapy or external beam radiation (IMRT, 3D-CRT, SBRT, proton beam) and will require a 12 month postpone period or possibly longer before life insurance is available to you.
The reason why is that insurance underwriters need to see proof that radiation treatment has worked.
It’s crucial for you to have your entire PSA history available from initial PSA testing through now.
If your PSA level has increased by 0.2 ng/ml or greater since its lowest reading, this may be viewed as a recurrence.
Most recurrent prostate cancers will be postponed for 3-5 years after treatment is complete.
Life Insurance for Active Surveillance
Getting life insurance with prostate cancer requires complete details of your PSA levels and prostate cancer history.
It’s not easy to qualify, but that’s why we’re here to help you. We know the underwriting rules and will share them with you when we discuss your medical history.
Consistent follow-ups and stable PSA levels will be vital to improve your chances for life insurance approval.
Fortunately, improvements in imaging tests such as the multiparametric MRI, or gene tests that we see when there is a family history of prostate cancer have led to more aggressive underwriting for men in active surveillance.
Are you insurable if you currently have prostate cancer?
The short answer is “yes” if you meet the active surveillance criteria for prostate cancer, including:
- Under Age 50 – Guaranteed Issue and Accidental Death coverage.
- Age 50 – 65 – Stable PSA of 10 or less needed for 2-3 years.
- Age 65 or Older – Stage 1-2b prostate cancers, with stable PSA.
It’s always best to submit your request, and we’ll shop the market based on your exact prostate cancer history.
Keep in mind that there is never any pressure or obligation with our service.
How to Get Approved – Top 5 life insurance tips for prostate cancer survivors
When it comes to prostate cancer, the following tips will help you get your best life insurance rate.
- Know your prostate cancer stage
Cancer stage from biopsy reports (radiation and surveillance) and post-surgical pathology reports (prostatectomy). The difference between the two is that a biopsy is a sampling of prostatic tissue while surgical pathology evaluates the entire prostate.
- Know your Gleason score
Gleason score determines how aggressive the cancer was. Biopsy and pathology reports may have multiple Gleason scores on the report. The highest rating gets used for life insurance underwriting purposes.
- The type of prostate cancer treatment affects life insurance
The type of treatment determines how soon life insurance will be available. Generally speaking, life insurance is available sooner after a radical prostatectomy than it is for someone receiving radiation.
- PSA Recurrence Derails Underwriting
Underwriters expect to see negligible PSA levels (less than 0.1) after a prostatectomy. If your PSA rises by 0.2 after surgery, it’s considered a recurrence of prostate cancer.
With radiation, PSA levels decrease, followed by an increase (PSA bounce), before PSA drops to the lowest level (nadir) and remains at that level.
- Prostate cancer underwriting varies by insurer
Prostate cancer underwriting varies dramatically by company. Some carriers are more aggressive with certain types of treatment.
The best life insurance companies (in no particular order) for prostate cancer have been:
We’ve found over the past 20 years that each of these companies excels with certain types of prostate cases.
Previously denied insurance due to prostate cancer?
While most insurance companies want nothing to do with you if you’ve had prostate cancer, there are some carriers that specialize in prostate cancer.
Even if you were denied life insurance by another company, there may still be others ready to accept you.
With our process, we gather your medical history details and shop out to all of the life insurers that specialize prostate cancer.
It takes about 3 days or less to hear back from all the companies. At that time we let you know what each life insurer has to say and what to expect regarding price.
Life Insurance Success Stories
We’ve helped many prostate cancer survivors find life insurance.
We’ve also helped many men with pre-cancerous conditions such as a high-grade PIN.
Here are some actual client histories we’ve successfully helped.
Gleason 6 History
- Age 55 at time of diagnosis
- Stage T1b Prostate Cancer
- PSA was 6
- Gleason was a 6
- Radical prostatectomy 2 years ago
- No further treatment required.
- No recurrence
Approved at Non-Smoker Plus Rate Class with Prudential.
Gleason 7 History
- Age 54 when diagnosed
- Stage T1c prostate cancer
- PSA was 6
- Gleason = 7 (3+4)
- Radical prostatectomy 3 years ago
- No further treatment required.
- No recurrence
Approved at Standard Rate plus a flat extra expense of $600 per every $100,000 of coverage.
The Gleason 7 with the second client was the reason for the more expensive life insurance rate.
Active Surveillance History
- Age 69 when diagnosed
- Stage T1a
- Historical PSA of 5.0
- Rising PSA Level
- 5.1 at diagnosis
- 5.6 at 6 months
- Gleason 6
- Active Surveillance
Approved at Standard Rate
- Age 68 when diagnosed
- Stage 1
- Pre-Treatment PSA = 6.5
- Gleason Score – 6
- Brachytherapy treatment
- Post-Treatment PSA Level has been 0.8 – 1.0.
- No recurrence
Approved at Standard Rate
For the active surveillance history, life insurers were concerned about the 0.5 increase in 6 months. While my client was in active surveillance, he planned to start treatment should the PSA reach 6, and it was documented in his records.
For brachytherapy cases, underwriters focus on PSA levels after treatment has been completed. Ideally, life insurance companies look for a current PSA level of 0.2 or less but will consider PSA levels up to 1.0 if the PSA level has been stable for a few years.
Once your PSA level has stabilized for a period of time, if your PSA level increases by 0.2, underwriters will view this as a recurrent prostate cancer.
Prostate Cancer Life Insurance Conclusion
Getting approved for life insurance after a prostate cancer diagnosis is complicated unless you know the underwriting rules
We make it easy for you by gathering your information upfront and doing the shopping for you.
You’ll receive quotes from the best life insurance companies available based on your prostate cancer history.
The following guide to how life insurance underwriting works provide additional insight into the overall underwriting process.
We even offer you guides like this – How Much Life Insurance Do You Need?
Some of the other cancers that we specialize in include:
Please take a few minutes to request your life insurance quote today.
Would you rather discuss your request first?
Call me at Toll-Free 800-909-2040
References: Piecuch, Biebel, Stock, George, Wright. The Effect of Radical Prostatectomy, External Beam Radiation Therapy and Active Surveillance on Life Insurance Premiums in Patients with Prostate Cancer. American Urological Association. https://doi.org/10.1016/j.urpr.2016.09.008