Life Insurance after Breast Cancer for Generation X

By July 18, 2017Cancer

It’s a startling statistic—1 in 8 women will develop breast cancer (about 12.4% of all women) at some point over the course of their lifetime. Men get breast cancer as well, even though the news outlets rarely discuss men’s breast cancer. 1 in 1,000 men will be diagnosed with breast cancer over the course of their lifetime. The good news is that the incidences of breast cancer are decreasing as a result of the following factors:

  • decreased use of hormone replacement therapy,
  • widespread national awareness about breast cancer, and
  • early detection and screening for breast cancer.

Credits to breastcancer.org. Please go to the aforementioned site to do your own research about breast cancer. It’s highly informative. Here is the link.

For Generation X, which is comprised of women in their mid to late 30’s, 40’s, and early 50’s, breast cancer is a very personal issue for me. I’ve had multiple women I know (I’m a Gen Xer myself) who have been diagnosed with and beaten breast cancer. It is eye-opening when it’s a friend of yours who tells you casually over coffee that they have breast cancer, or an old acquaintance from college you see on facebook that is battling the disease, their children and husband huddled around their hospital room bed in photos. It’s sad to say the least. It’s no longer something that effects other people out there; it effects me; it effects us all.

(If you are a Gen Xer who has beaten breast cancer and would like to discuss your life insurance needs with me, call me at (615) 525-6165, email me at Robert@weigelinsurance.com, or Contact Me Here. It’s my privilege to help you.)

What is breast cancer, and what are the symptoms of breast cancer, especially for Gen X women?

Breast cancer starts when cells in the breast begin to grow out-of-control. These cells can either only be seen on X-rays or felt as a lump. Breast cancer can start on different parts of the breast.

The symptoms of breast cancer are the following:

  • “lump or mass,
  • Swelling of all or part of a breast (even if no distinct lump is felt),
  • Skin irritation or dimpling (sometimes looking like an orange peel),
  • Breast or nipple pain,
  • Nipple retraction (turning inward),
  • Redness, scaliness, or thickening of the nipple or breast skin,
  • Nipple discharge (other than breast milk)”

Credits to the American Cancer Society—please go to their link to read more information about the basics and symptoms of breast cancer. Their website is highly informative.

What are the treatments for breast cancer, especially for Gen X women?

Breast cancer is treated in the following ways:

  • “Surgery where the breast cancer is removed. Breast cancer surgery is known as mastectomy.
  • Radiation,
  • Chemotherapy. Chemo is treatment of breast cancer by cancer-killing drugs, either through the veins or through the mouth.
  • Hormone Therapy.”

Credits to the American Cancer Society Here.

If the breast cancer treatments have worked and you have survived for a five year period after the treatments, you are typically deemed cancer-free. Of course, subsequent visits to your doctor are essential to ensure that you are cancer-free.

So, what do life insurance companies consider when getting a Generation X life insurance applicant who has beaten breast cancer?

Here’s what life insurance underwriters look at when getting an applicant who has beaten breast cancer:

  • Age and Date of breast cancer diagnosis—At what age were you treated for breast cancer, and how long ago were you treated for breast cancer, are very important considerations for life insurance companies.
  • How long ago you were treated for breast cancer—how long did the treatment last and how long has it been since you’re last treatment for breast cancer and clean bill of health.
  • Types of breast cancer treatment—Types of treatment for breast cancer include surgery, radiation, chemotherapy, hormone therapy, etc.
  • Grade, Type, and Stage of breast cancer—These are the types of breast cancer: DCIS, IDC, ILC, Inflammatory Breast Cancer, Paget’s Disease of the Nipple, Metastatic Breast Cancer, etc. For a detailed description of the types of breast cancer, GO TO THIS LINK. There are three grades of breast cancer. The three grades of breast cancer are as follows: low grade, intermediate grade, and high grade. For a detailed understanding of the three grades of breast cancer, READ THIS ARTICLE. There are five stages of breast cancer. These are the five stages of breast cancer: Stage 0, Stage i, Stage ii, Stage iii, Stage iv. For a detailed description of each stage of the five stages of breast cancer, GO HERE. I am not a doctor, so it’s best to go directly to the source at the aforementioned links for a thorough analysis of the grades, types, and stages of breast cancer.
  • Shape of Tumor—Tumor shape and size is an important consideration for life insurance underwriters when evaluating the application of a breast cancer survivor.
  • Recurrence of breast cancer—Life insurance companies will want to know if there have been any recurrences of breast cancer since the last treatment.
  • Medications for breast cancer—Life insurance companies will want to know what medications you are currently on, and what medications you took to combat the breast cancer.
  • Other health conditions—Life insurance companies will look at your health in whole and not just the breast cancer in a vacuum when deciding upon your insurability.

All in all, getting life insurance if you are a Gen X breast cancer survivor is doable, but it definitely takes some effort to find the right life insurance company for you, and the right life insurance agent that will help you along the way. Don’t be scared off by the commonly-held notion that you can’t get life insurance because you’ve had cancer—for the most part, this notion is incorrect.

It just takes a little more effort to get the right life insurance company for you who will treat you as a person and not a statistic.

If you are a Gen Xer who has conquered breast cancer and would like to look into getting life insurance for your family, call me at (615) 525-6165, email me at Robert@weigelinsurance.com, or contact me through Linkedin.com.

 

Until next time and until next life insurance article,

 

Robert Weigel

Term Life Insurance Agent for Generation X

www.weigelinsurance.com

Robert@weigelinsurance.com

(615) 525-6165