Are you a prostate cancer survivor looking for a life insurance plan? Or maybe you are hesitant about high rates or maybe the possibility of getting declined due to this illness. Well! You are not alone in seeking a prostate cancer life insurance plan to get coverage.
Prostate cancer, a life-altering diagnosis, is one of the most common cancers in the USA. With this cancer you can still get a life insurance policy, however, your policy’s rates will depend on your particular treatment and overall health. So, it’s imperative to be aware of the facts about prostate cancer and its ways of treatment.
In this blog post, we will discuss all the aspects necessary for prostate cancer life insurance. We will also talk about how it will impact your ability to get an insurance plan and provide details on how to get life insurance after prostate cancer.
What is Prostate Cancer?
Being one of the most common cancers in men, prostate cancer occurs in the prostate of men. The prostate is a small walnut-shaped gland responsible for producing the seminal fluid that nourishes and then transports sperm upon ejaculation. It usually grows very slowly and is confined to the prostate gland in the start but doesn’t cause any harm.
It occurs in various types and some of its types grow very slowly and need minimal treatment. Meanwhile, other types are aggressive and spread very fast. If the cancer gets detected at the early stage (while confined to the prostate gland) there is a better chance of having successful treatment.
Symptoms of Prostate Cancer
At an early stage, this cancer doesn’t show any signs or symptoms. However, in a more advanced stage, it may show some signs and symptoms including:
- Pelvic discomfort
- Bone pain
- Blood in the semen
- Problems with urinating
- Erectile dysfunction (ED)
- Decreased force in the urine stream
Although the main reason or cause of prostate cancer isn’t clear, normally it begins when cells in the prostate become abnormal. There is a mutation in the DNA of these cells that causes them to grow rapidly and continue living until they normally die. The accumulation of these abnormal cells forms tumours that grow and destroy normal tissue.
Stages of Prostate Cancer
Prostate cancer is generally classified into four main stages, where stage I is the least advanced and stage IV is the most advanced. These stages are determined by the size and extent of the cancer, as well as whether it spreads beyond the gland.
Here is a brief overview of prostate cancer’s stages:
Stage I: The cancer is diagnosed only in the prostate gland. It is small and has not spread yet.
Stage II: The cancer is larger or maybe grown outside the prostate gland, but hasn’t spread to other body parts.
Stage III: At this stage, the cancer has spread to nearby lymph nodes, but not to other parts of the body.
Stage IV: The cancer has spread to other parts or organs of the body like lungs or bones.
Note that these stages are just a general review and the particular characteristics and prognosis of prostate cancer can be different for different patients.
Prostate Cancer Life Insurance Approvals
Aside from skin cancer, prostate cancer is the most common type of cancer in men. According to a report, about one out of nine men may get diagnosed with this cancer during their lifespan.
However, the good news is that prostate cancer is not life-threatening. A routine PSA (prostate-specific antigen) test can detect this cancer early and treating it before it spreads will make the person able to get a complete recovery. According to cancer.org, one in forty men diagnosed with prostate cancer die in the USA.
It shows that this cancer has much better odds than other types of cancer. With these statistics, getting prostate cancer life insurance is still possible even at affordable rates. However, remember that not all life insurers treat prostate cancer the same.
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Life Insurance after Prostate Cancer
If you want to purchase term life insurance for prostate cancer, you may have to provide some basic information about your cancer history. Your life insurance provider may want to know:
- Age of your diagnosis
- Type of treatment you received (radiation, prostatectomy)
- Gleason score
- Grade and stage of the cancer
- Pre-treatment and current PSA levels.
However, every insurer has their own approval guidelines so some companies offer you a better fit for your distinctive cancer history.
How will prostate cancer affect your ability to get a life insurance plan?
Generally, most high-risk life insurance providers will accept you for a plan when you are in remission or your cancer is being treated a while ago. However, you will be surcharged until the time you are declared cancer-free. Sometimes, under some ideal conditions, the applicant may also qualify for standard life insurance policies.
What is included in the prostate cancer life insurance underwriting process?
During the life insurance underwriting process, prostate cancer is determined by stage and grade. Whereas stages refer to the extent of the cancer, the tumour size, and how much it has been spread. However, the aggressiveness of this tumour is graded and ranges from 2 to 10.
The higher the score, the more likely the chance of spreading a tumour aside from the gland to other parts of the body. A score of 2 to 4 is considered non-aggressive, while a score of 8 to 10 is considered aggressive.
Cancer treatment may consist of prostate resection known as a radical prostatectomy or radiation. Meanwhile, hormonal treatment is being offered to older men for metastatic disease or men with poor health conditions. After diagnosis and treatment, PSA levels are determined with time, if it’s still rising, it means the tumour is currently present, however, a continuous low PSA shows successful control.
Frequently Asked Questions (FAQs)
1- Can I get life insurance after prostate cancer?
If you have prostate cancer, it’s still possible to get an insurance plan. However, the cost and availability of life insurance plans may vary based on the insurance provider. So, it’s a good idea to consult a professional life insurance agent who works with different companies.
2- What do you know about PSA?
Prostate-specific antigen (PSA) is used as a screening test for prostate cancer, usually, it is combined with a rectal examination. PSA is a glycoprotein made by the prostate and is measured on a blood specimen.
3- What are some of the common treatment options for prostate cancer?
Some of the common treatment options are:
- Active surveillance
- Hormonal therapy
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