Summary
This article applies specifically to women whose female relatives have suffered from breast or ovarian cancer. The life insurance industry is proposing that women with these kinds of cancer in the family should have to provide extra information when applying for life insurance.
Life Insurance and Critical Illness Insurance - women may pay a penalty for having cancer in the family
Author: Anna Richardson
- Life Insurance. Medical history increases the cost for 66% of applicants
- Life companies keep their initial quoted prices low by being choosey on who they accept on standard terms. Having made a formal application, two thirds of applicants will face a loaded premium. This article explains why and what the shopper can do about it, choose an online broker!
- Low Cost Life Insurance
- An introduction on how to find and qualify for cheap life insurance
- Low Cost Life Insurance
- An introduction on how to find and qualify for cheap life insurance
- How to Cut Your Life Insurance Premiums Without Changing Insurance Company
- A dead certain way to cut the cost of your life insurance !
and although nothing is set in stone yet, it may be that as of next year, if you are ( remortgages ) female and have cancer in the family, you will either be paying more for life insurance or you could even be refused the cover outright.
(medical insurance)
The insurance industry wants to have the right to ask women ( cheap home insurance ) applicants whether they have been tested for BRCA1 or BRCA2, gene mutations that could point towards the future development of cancer.
If youre a woman who has breast or ovarian cancer in the family, you may have already been tested for the gene mutation. You may also realise that the odds are by no means ( life insurance quotations ) stacked - 10% of people newly diagnosed with ovarian cancer and 5% of people newly diagnosed with breast cancer are found to have the faulty gene. Around 1 in 850 women in the UK inherit the BRCA1 gene and if you are carrying the gene, then there is a 14-18% chance that you will, at some point, develop breast cancer. (cheap loan)
At the moment, the insurance industry is working towards getting ( home insurance quotes ) approval from the Genetics and Insurance Committee, the body that will make the decision as to whether this is a viable option.
The Association of British Insurers (ABI) is leading the proposal, ( life insurance quotes ) and will be applying to the Genetics and Insurance Committee for authority to ask women whether they have received positive results for BRCA1 or BRCA2 gene mutations over the course of the coming year. (loans)
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