I am not a life insurance agent.... However, I used to work in the underwriting department of a major life insurance carrier here in Kansas City. I issued policies. Your husband MIGHT be eligible for final expense (Coverage up to $50,000 usually). I suggest you contact a life insurance agent in your area and inquire about final expense.
Dad - Andy, 70, diagnosed with SCLC in May 2008
2/20/38 - 10/15/08 Fly high, Dad!
Mom - Jackie, 68, diagnosed with NSCLC in May 2008
3/22/41 - 12/30/09 Fly high, Mom!
I am enrolled in Physicians Life Insurance Company--(Guaranteed Life Program), a division of Physicians Mutual. They asked no health questions (and I do mean literally), so it may be worth checking into. I know there is a certain amount of time must pass before someone can collect the full amount of a claim, so I would thoroughly investigate the fine print. Hope this helps, posted their url below...
No, I did not have to answer a single health question! The company sent me a solicitation in the mail, which they been doing for some years for medical insurance. I looked it over, filled out a very short form along with first month's payment, and I was approved in a fairly short amount of time. They did not call me or send any additional paperwork with health questions on it either, just an acceptance form. Everyone else has rejected my applications, including the guaranteed life insurance programs because of the health questions. " So much for guaranteed acceptance". I was really surprised, there were no "have you ever had... questions" at all, except it seems they may had ask about current smoking. And Physicians Mutual has been around for years, so they seem for the most part fairly reputable. It seems worth a try for sure.
I don't have the table chart depicting premiums and expenses anymore. Myself, for me I could only afford the cheapest plan, it $13.85 a month, and covers $5000 in burial, but naturally the benefit goes up depending what you choose as a premium. I also have a number here where you can find out more or to request a form, its 1-800-228-9100. It was also the most affordable of the guaranteed life plans I have looked into. A lot of plans will not even consider you if you have yet to survive 3 years of cancer, and when you beat that, they still find a way to decline you through the health questions.
You're welcome. I have never seen it either and it was almost too easy, so for a couple of months I remained suspicious...thinking a representative is surely going to call and grill me. Never happened! I hope it works out for all who apply, it is so difficult for those with a cancer diagnosis to get any life or medical insurance!