How to get Life Insurance after Prostate Cancer for Generation X Men

By July 20, 2017Cancer

Prostate Cancer—like testicular cancer—only effects men.

The prospect of getting cancer is terrifying to anyone, but especially for a man in his mid to late 30’s, 40’s, and early 50’s.

Why?

Because this is the time in a man’s life when he is at his peak in earning power, but also at his peak in liabilities.

Generation X men in their mid thirties to early fifties face marriage, mortgage, kids, careers, new businesses, retirement, and all the ever-present big and little expenses that come along with life. It really is the age bracket when a man needs to have the most money coming in because he has the most money going out. Therefore, if a Gen X man gets diagnosed with prostate cancer during this age, the diagnosis sets him back considerably. First and foremost, he must concentrate on beating the cancer; second, he needs to concentrate on rebounding financially; and third, he needs to make sure his family is taken care of financially if there is a next time when he isn’t victorious against cancer. Life insurance is one such way a Gen X man can provide for his family, even in his unfortunately absence.

(To skip this article on life insurance for Gen X men after prostate cancer and to generate your own life insurance quotes, click here. Just enter in your height, weight, and how much life insurance you want quotes for, and you’ll be able to generate life insurance quotes from around 2o A-rated companies within about five minutes of your time).

 

 

What is prostate cancer, and how is prostate cancer treated?

According to the American Cancer Society, “prostate cancer begins when cells in the prostate gland start to grow uncontrollably. The prostate is a gland found only in males. It makes some of the fluid that is part of semen.”

The symptoms that a man may have prostate cancer include the following:

  • “Frequent urination
  • Weak or interrupted urine flow or the need to strain to empty the bladder
  • Blood in the urine
  • The urge to urinate frequently at night
  • Blood in the seminal fluid
  • New onset of erectile dysfunction
  • Pain or burning during urination, which is much less common
  • Discomfort when sitting, caused by an enlarged prostate.” (credits here)

Therefore, if you have any of these symptoms, please go to your doctor immediately to be tested for prostate cancer. The tests for prostate cancer can include a physical exam from your doctor, PSA blood test, ultrasound, and a biopsy.

If diagnosed with prostate cancer, treatments available include the following:

  • “surgery
  • radiation
  • cryotherapy
  • hormone therapy
  • chemotherapy
  • vaccine treatment
  • bone-directed treatment.” (credits here)

The silver lining about prostate cancer is that it has a 96% survival rate. That’s definitely good news for all men everywhere.

 

 

What do life insurance companies look at when getting a life insurance application from a Gen X man who survived prostate cancer?:

Life insurance companies will factor in the following when getting a life insurance application from a Generation X man who survived prostate cancer:

  • WHEN WERE YOU DIAGNOSED–how long ago has it been since you were first diagnosed with prostate cancer and subsequently given a clean bill of health.
  • AGE AT DIAGNOSIS–how old were you when you were first diagnosed with prostate cancer. The difficulty in getting life insurance after prostate cancer really is age-specific. Prostate cancer is rare in men until the age of 40. When men enter into their 60’s and 70’s, prostate cancer becomes increasingly common. In fact, next to skin cancer, it is the most common type of cancer for men in their 60’s and 70’s.
  • WHEN WERE YOU LAST TREATED–when were you last treated for the prostate cancer, and when did you subsequently get a clean bill of health for prostate cancer from your doctor is of paramount importance to underwriters at life insurance companies.
  • WHAT TYPE OF TREATMENT DID YOU RECEIVE FOR THE PROSTATE CANCER–there are typically three types of treatment for prostate cancer: 1) prostatectomy, 2) brachytherapy, and 3) radiation. The type of treatment you received for prostate cancer is an important consideration for life insurance companies.
  • WHAT GRADE AND STAGE OF PROSTATE CANCER DID YOU HAVE USING THE GLEASON SYSTEM—for a detailed synopsis of the grading and staging system for prostate cancer, GO TO THIS LINK.
  • HOW HAS YOUR HEALTH BEEN SINCE YOU GOT RID OF THE PROSTATE CANCER–this is especially important to Life Insurance companies as it shows improved health or, unfortunately, worse health. Similarly, life insurance companies will look to see what kind of medications you are taking since beating the prostate cancer. Life insurance companies will appraise your health by examining your medical records, and ultimately, by examining the results of your life insurance medical exam.
  • MEDICAL EXAM—life insurance companies will order a medical exam for you as a prerequisite for getting a life insurance policy. At the life insurance medical exam, they will check your vitals, take a urine sample, and draw blood. The life insurance medical exam, in conjunction with your medical records, is pivotal for life insurance companies in considering your insurability and final life insurance rate.

All in all, getting life insurance after prostate cancer for men is doable. It becomes more difficult to get life insurance after prostate cancer the older you get because prostate cancer is more common in older men.

I hope this has been a helpful article on life insurance after prostate cancer. It is specifically geared toward men in their mid to late 30’s, 40’s, and early 50’s (Gen X men), but this article is applicable to any man who has survived prostate cancer.

If you are a Generation X man interested in getting quotes for life Insurance, call me at (615) 525-6165, email me at robert@weigelinsurance.com, contact me here, or message me through linkedin.com.

If you prefer to generate your own life insurance quotes from around 20 A-rated life insurance companies in five minutes or less, the life insurance quoter is here.

 

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