Your personal circumstances will determine what life insurance policies are available to you.
However, we have listed what are typically the most suitable options for someone trying to secure life insurance after thyroid cancer.
Over 50s life insurance
A form of cover available to UK residents aged between 50 - 85. This type of policy offers guaranteed pay out after the initial 12 - 24 month waiting period.
No medical questions are asked in the application and acceptance is guaranteed.
Therefore, an excellent option for those after cancer if you fit the required age range as your history of cancer will not be factored into the premium.
Level term life insurance
Cover that lasts for a set period (typically up to 40 years) and provides a fixed lump sum pay out if you pass away during the term.
Medical questions are required in the application meaning your cancer diagnosis may impact your application.
A suitable option for those with an interest-based mortgage.
Decreasing term life insurance
Cover that lasts for a set period (typically up to 40 years) and provides a lump sum pay out, which decreases over time, if you pass away during the term.
Medical questions are required in the application meaning your cancer diagnosis may impact your application.
It can be a cheaper option and suitable for those with a repayment mortgage.
Whole of life insurance
A more expensive option as it provides cover for the rest of your life and pays out a lump sum when you pass away.
Medical questions are required in the application, meaning your cancer diagnosis may impact your application.
An option if you’re looking for a larger pay out than with over an over 50s plan.
Reassured can compare life insurance quotes for the listed cover options and whole of life insurance is available through Reassured’s advised team, along with various other policy types.