Impaired Risk

For many years, people with significant health history such as heart problems, diabetes, cancer, drug or alcohol problems, or conviction for a felony, were often unable to obtain life insurance. Recently, some companies have started looking for ways to insure these "impaired risks," including cancer survivor insurance, by evaluating each case on an individual basis.

If these companies can not issue a policy for you, then you can still purchase a guaranteed issue policy. These policies are available to anyone and ask no health questions. Typically, these are the most expensive policies of all and have graded death benefits.