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Cancer Insurance
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Cancer Insurance Information
Why do you need a Cancer Policy?
The American Cancer Society (acs) states that one in two American men and one in three American women will cet cancer in their lifetimes. The ACS also states that 65% of cancer related expenses are not covered by regular health insurance.*
If there is diagnosis of cancer, the cancer and its treatment are a significant emotional and financial burden on the family. By knowing there is cash payment policy in place, the financial burden will be less. A cancer policy does not coordinate benefits. This means you will receive the full benefits amount in addition to any other insurance coverage that you may already have in place. Also, it pays a cash payments directly to you, the policyholder. You choose where and when to spend the mony.
Who may be a likely candidate for a cancer policy?
1. Someone who may not have enough savings to cover medical expenses, loss of income, transportaion, hotel stays when seeking treatment away from home, childcare, housekeeping, home nursing care, etc.
2. Anyone with a family history of cancer
3. A person whose health insurance does not cover cancer related expenses or treatments.
4. The sole wage earner of the family.
5. One who strives to protect family assets.
* American cancer society - fact & figures 2009 www.cancer.org
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