Finding an affordable life insurance policy can be challenging if you’ve been diagnosed with skin cancer.
Receiving a quote is easy, but getting approved can be difficult. Getting life insurance can be next to impossible if you have had melanoma.
At RiskQuoter, we can help you get affordable life insurance after skin cancer, even if you’ve previously been declined.
Pro Tip – Get an instant life insurance quote -> Basal cell and squamous use a “preferred” or “preferred plus” rate. For melanoma – “standard” or “standard plus”
Melanoma affects life insurance rates.
Basal cell and squamous cell skin cancer do not as long as you work with a high-risk life insurance company.
Life insurance underwriting looks at the type of cancer, the pathology, treatment received, and time since treatment.
Life insurance is available for most people who’ve had non-melanoma skin cancers as soon as treatment is complete.
With malignant melanoma, the availability of life insurance depends on the following factors in this article.
Malignant melanoma is the most severe form of skin cancer to insure.
About 100,350 melanoma cases will be diagnosed in America this year.
There are 4 types of malignant melanoma:
Superficial spreading melanoma comprises 70%  of all melanomas.
Your pathology report is needed in order to get the best underwriting feedback possible.
|Stage||Postpone?||Flat Extra||Likely Outcome?|
|In situ||No||No||Standard Plus|
|Stage 1b||No||Possibly||Std + Flat Extra|
|Stage 2a||Yes||$750 – $1000 (1)||Std + Flat Extra|
|Stage 2b||Yes||$1000 (2)||Std + Flat Extra|
|Stage 3||Yes||$1500 – $2000 (3)||5 Year Postpone|
|Stage 4||Yes||Yes (4)||10 Year Postpone|
We’ll provide you with an estimate of what to expect from life insurers and tell you what is needed to confirm rates.
Remember that there is never any pressure or obligation with our life insurance service.
The following are general guidelines for various cancer stages.
Standard life insurance rates are available after surgery. 
As more time passes since surgery, obtaining a standard plus rate may be possible.
In some rare cases, a preferred rate is available.
Stage 1a melanoma is less than 1 millimeter (mm) in-depth and not ulcerated.
Life insurance is available at standard rates after surgery.
A Standard plus rate may be possible 4 years after surgery. 
Stage 1b melanoma is more significant than 0.8 mm in thickness and ulcerated.
Life insurance is available at standard rates after surgery but may include a flat extra charge.
The flat extra adds $500 – $750 per every $100,000 of coverage and lasts for 5 years. 
The presence of ulceration in melanoma indicates that it is more serious.
Stage 2a melanoma is greater than 1mm but less than 2 mm in thickness.
There is no indication of ulceration with a stage 2a melanoma.
Most life insurers will postpone coverage for 1 year after surgery.
A flat extra will be added to the policy when life insurance is available.
The flat extra lasts for 5-7 years and adds $750 – $1,000 per every $100,000 of coverage. 
Stage 2 melanoma cancer cells have not spread to nearby lymph nodes.
Thickness is 1mm – 2mm in thickness.
Ulceration is present in the pathology report.
A flat extra of $1,000 per every $100,000 of coverage is available after surgery with a few insurers. 
Most companies postpone coverage for 1 year or longer.
The flat extra may last for 7 years or longer in some cases.
If you have any additional skin conditions such as dysplastic nevi, please let us know as it will impact underwriting.
Stage 3 melanoma requires lengthy postpone periods of 5 years or longer from the completion date of all treatment.
Once life insurance is available, companies will add a life insurance table rating and a flat extra to the price.
The table ratings will typically add 50% to the standard rate for the life of the policy.
The flat extra will add $1500 – $2000 per every $100,000 of coverage you consider and may last 5-7 years. 
Life insurance is limited to the accidental death benefit and guaranteed issue life insurance policies.
Coverage amounts for a guaranteed issue policy are limited to $25,000 and the death benefit is graded.
Accidental death benefit coverage is available for up to $500,000.
Basal cell carcinoma (BCC) is the most common form of non-melanoma skin cancer.
More than 4 million cases of basal cell are diagnosed in the U.S. each year
With most basal cell cancers, treatment may include:
Most basal cell skin cancers are readily insurable at the best underwriting rate classes as soon as treatment is complete.
The exception is when basal cell cancer is treated with radiation or topical medications.
Life insurance is still available but the best rate classes may not be.
Approximately 1 million new cases are diagnosed each year in the United States.
Squamous Cell Carcinoma (SCC) is non-melanoma skin cancer.
Life insurance for squamous cell skin cancer is available at preferred best rates.
Underwriting wants to know the details of your cancer history, location on your body, and the type of treatment you received.
Let us know if you’ve had any of the following skin conditions that may lead to cancer.
Dysplastic Nevi are atypical moles that may resemble melanoma.
People who have dysplastic nevi are at a higher risk of developing melanoma.
Underwriters look at your history, the number of dysplastic nevi, and the amount of time that has passed since removal.
It is possible to obtain preferred rates for dysplastic nevi.
Most companies require less than 4-6 dysplastic nevi to be considered for their preferred rates.
Actinic Keratosis is a pre-cancerous condition that could develop into skin cancer if left untreated.
Once treated, underwriting follows the same rules as basal cell carcinoma and sometimes squamous cell carcinoma.
What we need to know in order to help you:
Your pathology report should have most of this information.
Every melanoma history is uniquely different.
The best company for you may differ from someone else’s melanoma history.
That’s why we use a quick quote process.
What’s a quick quote?
A quick quote obtains underwriting feedback from all cancer companies in 3-4 days.
Quick quotes are anonymous, meaning no personally identifiable information is shared with companies.
The benefit is knowing which companies are best before completing applications and your paramedical exam.
We have the expertise to help you no matter what type of skin cancer or pre-cancerous condition you have had.
With our service, there is never any pressure or obligation.
We’ll provide you with the information you need to make an informed decision about your life insurance.
If you change your mind, simply tell us to close your file.
 Basal Cell Carcinoma Overview. Skin Cancer Foundation. https://www.skincancer.org/skin-cancer-information/basal-cell-carcinoma/ Accessed June 17, 2020.
 Key Statistics for Melanoma Skin Cancer. American Cancer Society. https://www.cancer.org/cancer/melanoma-skin-cancer/about/key-statistics.html Accessed June 17, 2020
 – Munich American Reassurance Company. (2020). Malignant Melanoma [PDF file].
 Prudential Financial, Inc. (2017) Rx for Success Skin Cancer. [PDF file].
 Legal & General America. (2011) Dialogue Melanoma – Issue #17 [PDF file]
 AIG – American General Life Insurance Company (2014) Melanoma Data A, Thickness 1.01 – 2.0 mm [PDF file]
We take our responsibility seriously and will do whatever we can to make sure you end up with the best life insurance company based on your unique life insurance needs and situation.