If you don't have life insurance at the time of your diagnosis, it will be hard to get traditional life insurance. If you are in remission, most life insurance providers will have a waiting period — usually five years — before you will be eligible for traditional life insurance. If you are currently receiving cancer treatment or are in remission, you will be ineligible for traditional life insurance, like term life or permanent life. Most life insurance carriers will require a waiting period — usually five years — before you will be eligible for traditional life insurance. That is why geneticists suggest getting private life insurance coverage before genetic testing, because the results may disqualify you for life insurance in the future.

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Persons: —, Mark Williams, Williams, ColonialPenn Organizations: Service, Life Insurance, Mutual, Brokers International, Guardian, Haven Life Insurance, AARP, Insurance Locations: Illinois, Omaha