Life insurance strategies for cancer survivors

If you are a cancer survivor in good health, life insurance is even more feasible. There are things you can do to make sure you get the best premium offers options for your situation.

Gather all the medical records before you ask, from the first pathology report to medical records for the treatment of cases. This ensures medical Underwriters have the most complete picture of yourself, your health or cancer. Having all the files before you apply for insurance for cancer will reduce delays in the application process, because your life insurer will ask them, and we wait. The information you provide you can get better rewards at the end: The life insurer fewer subscribers know about you, the more they are likely to have to assume you are most at risk and to offer premiums accordingly. According to Levy, "If it is unclear, we are more inclined to err on the side of caution."

Make sure you have fulfilled your physician treatment plans. For example, Levy said, if your doctor had asked to see you back in a year and you have not been back in four years to go to your doctor for your check-up before asking the life insurance. Your life insurer is not going to offer you a policy without before seeing the results of the check-up. Likewise, if you have had breast cancer and are due for a mammogram in December and you apply for a cancer in October insurance, your life insurance will probably await the outcome of your next mammogram.

Get quotes from several companies. Policy costs can vary greatly between companies.

See if you can get group life insurance through a professional, fraternal, membership or political organization to which you belong.

Consider a "graded" policy (one with limited benefits) if you can not get the full death benefits. In the early years of a grade policy, the company only pays the premiums and a portion of the face value if the insured person dies of a disease, such as cancer, which existed before the policy took effect. If the insured dies after specified in the classification period, the company must pay the full amount of the policy.

If the cancer has been treated successfully, and you are in good health, you can probably get a cancer of the life insurance policy. If you can demonstrate that you are in good health and your treatments were well, many insurers may compete for your business.

Credit Card Consolidation

If you are submerged in credit card debt and trying to figure out a way in which you can become debt free, you may simplify the manner in which you are making payments.

Try out credit card debt consolidation. By doing so, you can also stop the collection agencies from calling you over and over again.

There are many advantages of consolidating your credit card debts. Credit card consolidation may be done in any one of the following ways-

• Take help from a debt relief company

There are many companies engaged in providing credit card consolidation remedies. The debt relief industry has gained prominence over the years. However, before deciding upon a debt relief company, it is best to check the credentials of the company first.

These companies negotiate on behalf of the debtors. In this process, all the credit card debts are clubbed into a single debt account. The payments for these accounts are made as per a repayment schedule worked out by the debt consolidation company during negotiation with the creditors.

• Take a debt consolidation loan

There is another way in which you can consolidate your credit card debts. You can apply for a consolidation loan. In this process all the credit card debts are merged into one large account and the payment is made to one creditor only.

Credit card debt consolidation has many benefits

By consolidating your debts, you are not only doing away with your debts but also enjoying a lower rate of interest as well as a reduced monthly income. You don’t have to worry about collection calls and your credit report also gets repaired in due course.

Debt counseling

If you are not being able to take control of your finances and need someone to show you the way to a debt free life, a credit counseling session may be what you need the most. A debt counselor shows you how to handle your finances in the current scenario and suggests options to make payments so that you can become debt free. The counselor will also guide you to handle your finances more efficiently in future.