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If you have an older electrical system with fraying wires and other signs of damage, removal  may be the best course of action. When asbestos begins to break down, it's more likely to become airborne, increasing the risk of health issues when it's inhaled.

However, if the system is in good condition and doesn't have visible signs of wear or damage, leaving it alone may be the safest course of action. An asbestos abatement and removal professional can help you determine the best way to proceed.

Do not panic if you are exposed to asbestos. The illnesses associated with asbestos exposure are rare. If you are concerned about exposure, talk to your doctor, especially if you are having any respiratory symptoms, such as coughing or difficulty breathing. They may recommend imaging to get a view of the insides of your organs and determine if scarring or growths are present.

According to the National Cancer Institute, asbestos-related diseases can take anywhere from 10 to 40 years for symptoms to appear. The health risks increase with prolonged and heavier exposure. Risk factors also include:

• Amount of exposure

• Chemical makeup, size, and shape of the asbestos fibers

• Length of time a person is exposed to asbestos

• Genetic factors 

• Source of exposure (direct exposure or secondhand exposure from someone directly exposed)

Costs depend on the number of samples, property size, and lab processing fees.