Does Life Insurance Cover Cancer Death? 
Life insurance does cover death by cancer . However , it is common for someone diagnosed with cancer to seek out a life insurance policy , and at that point in time it is very difficult to obtain coverage . It generally takes at least a couple of years to obtain a medically underwritten policy after a cancer diagnosis , especially if over stage 2 . Of course , it also depends on the type of cancer , treatment needed , and effectiveness of the treatment . If a policy is issued , it generally is graded for 1-3 years , so that only a small amount is paid out if death occurs during that time . If the policyholder outlives the graded period . the policy pays the full face amount . As with every health condition , it is best to get your life insurance before a serious diagnosis . But whereas some health conditions cause your rates to go up more the longer you have it , the good news with cancer is that the longer you are in remission , the lower your rates usually go . So get what you can , and then keep trying every few years to get something lower priced . You will find that there are life insurance agents rooting for you , and who will work hard to help you get the best rate possible . 