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Life insurance covers death from cancer. The death proceeds are paid to the beneficiary following a submitted claim to the agent or insurer. Typically, it takes about 14 days for the proceeds to be paid directly to the beneficiary. It can be paid lumps um or a deposit into a pre-approved account.
It is (of course) assumed there are no exclusions or fraud involved.
A full-time life insurance broker is the best resource for providing information for these types of questions. We can be utilized at any time.
Once the policy insured has undergone the underwriting process without any misrepresentation of material facts, including medical information and the underwriting offer is accepted and put in force with the associated premium payment, the policy will pay the death claims proceeds on any death, including cancer. This assumes the policy is full coverage and not AD&D and no cancer exclusions are embedded in the policy.
Life insurance covers death from any reason, including cancer. There is an exclusion for death due to suicide during the first two years of the policy. Unless the policy spells out other exclusions specifically (and that is rarely done except for possibly flying as a pilot), it will pay upon the death of the Insurance person if death occurs by any type of illness or accident.
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It is (of course) assumed there are no exclusions or fraud involved.
A full-time life insurance broker is the best resource for providing information for these types of questions. We can be utilized at any time.