Overcoming a malignant or benign brain tumour is no small feat. If you have had a brain tumour removed, the last thing you want to worry about is whether you’ll be able to obtain life insurance cover. Even if you think you are uninsurable, we may be able to help.
At Special Risk Managers, we can determine if you qualify for life insurance, income protection insurance, TPD insurance or trauma insurance. We have extensive experience finding and obtaining insurance cover for clients with a variety of conditions including brain tumours. Just fill in our questionnaire below to receive an insurance quote and advice.
Brain Tumours in Australia
According to the Brain Foundation, there are approximately 1,400 new cases of malignant brain tumours and 1,200 people dying from both malignant and benign brain tumours in Australia every year. This equates to one Australian being diagnosed with a malignant brain tumour every 6 hours.
There are two types of brain tumours: benign and malignant.
Benign tumours are normal, slow-growing tumours that can be picked up in a CT or MRI scan with ease. Malignant tumours, on the other hand, are fast-growing and cancerous tumours which are treated by radiation and chemotherapy. If a benign brain tumour is not treated, it can become malignant.
Brain Tumour Causes and Symptoms
The cause of benign brain tumours is not exactly known. Some studies have shown there is a link to family history, and a correlation has also been found with constant exposure to radiation, vinyl chloride and formaldehyde. Brain tumours can affect anyone at any age.
The most common symptoms associated with brain tumours include:
– Persistent and chronic headaches
– Losing balance
– Issues with speech, memory or concentration
– Facial muscle paralysis
– Numbness of extremities
– Epilepsy or seizures
Being Assessed for Life Insurance and Income Protection Insurance after a Brain Tumour Diagnosis
Benign and malignant brain tumours are treated very differently by underwriters because malignant tumours are considered to be a greater risk as they are cancerous.
If you have a benign tumour, it is unlikely to cause a problem when applying for a life insurance policy. However, the same cannot be said for benign brain tumours. That’s because the brain is a particularly sensitive part of the body and a growing tumour could press on vital areas of the brain and hinder normal brain function.
When assessing your eligibility for life insurance, an underwriter will likely need to know the following information about your condition:
– The exact diagnosis you received
– The date you were diagnosed
– If the tumour has been removed
– Symptoms you have suffered from due to the tumour
– If you’ve had brain tumours in the past
– If the tumour was benign
An underwriter needs to see that a full recovery has been made after a brain tumour has been removed before providing life insurance cover.
Obtaining Life Insurance with a Brain Tumour
It is possible to be accepted for life insurance after a brain tumour has been removed, although cover is often only applied after a set period of time. If the tumour is benign and you are in good health, it’s possible to receive a standard premium after the set period determined by the insurer.
If your tumour was malignant, an increased premium would usually apply, and this heftier premium will generally be in place for a significant period after treatment. If any complications are present after the tumour has been removed, cover may be declined.
Get the Right Advice about Insurance after a Brain Tumour
Because the brain is a particularly sensitive area for a tumour to grow and many serious risk factors are associated with it, it can be tough to find cover if you are going at it alone. That’s why we are here to help.
Although not every insurance provider will offer cover for someone with a brain tumour, at Special Risk Managers, we know the insurance providers who do. Thanks to our executive-level connections in the insurance industry, we know which insurers to contact as well as exactly what is required for your insurance application to give you the best chance possible of obtaining the cover you need.
Contact Special Risk Managers for Life Insurance with a Brain Tumour
If you have been told that you are uninsurable because of your brain tumour diagnosis, think again. At Special Risk Managers, we will assess your health condition and advise whether you are eligible for cover. Our principals have almost 60 years of international experience in life insurance, and we work hard to help our clients receive non-standard risk policies.
For more advice on whether you can obtain life insurance, trauma insurance, TPD or income protection insurance after a brain tumour, fill in our questionnaire to receive a quote or contact us today on 1300 66 53 56.