Cancer Protection
Hearing that you have cancer is some of the most devastating news to receive. It’s even more heartbreaking to know there is treatment but to be unable to pay for it.
Cancer insurance plans are similar to critical illness ones: except they are specific to cancer rather than an array of emergency illnesses. If you are diagnosed with cancer, you will be paid directly and can spend the money how you see fit. Depending on what plan you choose, you can be paid by percentage of expenses, a specific amount by treatment, or a lump sum payment after diagnosis.
When you have cancer, it can seem like your life has come to a stop. Not only do you have to worry about exorbitant treatment costs, but you now have to face life with loss income. Even after health insurance pays for diagnostic cost, you are still left with out-of-pocket fees that quickly add up. With cancer protection, you can prioritize recovery while knowing your everyday expenses are covered.
If your family has a history of cancer, you can rest easy knowing that you’re financially prepared. However, your insurance rate will likely be determined by your medical history as well. If you wait until you are diagnosed, it is incredibly unlikely that you will be approved. Therefore, the sooner you get it, the better.