What Are Your Options After You’ve Been Denied Coverage?
If you’ve been denied life insurance due to thyroid cancer, you still have options. Contact us to find out what those exact options for your unique case might be! Often, when a request for life insurance gets denied, it is due to a poorly presented offer that lacked a cover letter to the underwriter. Since we understand thyroid cancer and how to obtain life insurance for the individuals affected, we understand how to write and present a fully comprehensive application to the insurance company. Call us to get the life insurance you want with an approval rating that fits your budget.
What most insurance brokers neglect to do is a step called prequalifying. Meaning that we send an email to the underwriter prior to submitting an application to provide them with the details of your individual health information regarding life insurance for thyroid cancer. By providing the insurance company with this information, we can also highlight the positives such as the number of follow up doctors’ visits attended, the stability of your particular condition, successful treatments, and length of remission time, which leads to a lower chance of being denied. Within 48 hours, the underwriter responds to us with a “tentative offer” which we can then attach to your application to the company. They must honor the initial offer unless new information is uncovered in your medical history during the complete underwriting process.
What we need to know from you consists of all of your basic medical health history and current health status, including details regarding your thyroid cancer such as the following:
- Type of thyroid cancer
- Type of treatment and dates performed
- Remission time and/or any recurrences
- Any complications from treatment
Individuals who are affected by thyroid cancer are asked to disclose information that can often work for your benefit such as:
- If there is a family history of thyroid cancer?
- Are regular doctor follow-ups conducted?
- Is the nodule size stable?
Our agents understand how to highlight beneficial points in your health information and include any relevant lifestyle choices you choose to disclose as well, such as exercising regularly or eating healthy. All of these details will be included in your cover letter and make your case stronger and decrease the possibility of being denied coverage.
What Type of Insurance Do You Need?
Alongside your medical information, we will need you to communicate your desired life insurance type (term, universal, or whole), and the amount of coverage you will need. If you are not sure of the type and coverage you want, we can help you discover what policy will best suit your individual needs.
If you are denied life insurance by one company, it is important to know that you still have options and can reach out to one of our experienced thyroid cancer life insurance specialists today to get the best life insurance coverage for which you qualify. Furthermore, if you have a term life insurance contract prior to your diagnosis of thyroid cancer you may be able to convert that coverage to permanent life insurance without having to go through the underwriting process again.
Please reach out to us if you have any questions or would like a quote at 212-573-5548