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3 Easy Steps to
Supplemental Insurance
1. Learn More
2. Get Quote 3. Apply
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Cancer Insurance -
Brochures Available Upon Request
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The facts are startling: 1 in 2
American men and 1 in 3 women will get cancer in their
lifetimes*. Though you can take steps to lower your risk of
developing cancer—eat healthy foods, exercise, wear
sunscreen and stop smoking—cancer can still affect almost
anyone. Worse, your
health insurance may not cover all of the costs of treating
cancer. According to the American Cancer Society,
approximately 65% of cancer related expenses aren’t covered
by regular health insurance*. But you can still protect
yourself and your assets from the cost of cancer with a
supplemental cancer insurance policy.
Find out if you need this kind
of coverage and how to get it.
Why cancer insurance?
The high incidence of cancer
means that you or someone in your family may develop cancer
at some point. And while your health insurance policy may
cover a portion of physician, hospital, cancer therapy or
prescription drug bills, it probably doesn’t cover them in
full.
And your insurance isn’t
likely to touch the other major costs of cancer, including
loss of income, transportation, childcare, housekeeping and
home nursing expenses. If you or another family member is
unable to fulfill his or her usual responsibilities while
ill, your family and your family’s finances could suffer
greatly.
What it covers
Cancer insurance provides
benefits in addition to your other medical or
disability insurance. Here are some of the major benefits a
supplemental cancer insurance policy might provide. (Cancer
insurance policies can differ, so read your policy’s
explanation of benefits carefully.)
- First
occurrence payment. This flat dollar
amount is paid the first time you are ever diagnosed
with cancer and can be used for whatever you need.
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Hospital confinement. Pays a daily dollar
amount for each day you must stay in the hospital.
-
Diagnostic testing and drugs. Pays an
additional dollar amount for drugs and testing related
to cancer treatment while you are in the hospital
-
Surgeon or physician. Pays a daily dollar
amount for the services of an attending doctor or
surgeon while in the hospital.
-
Private nursing. Pays a daily dollar amount for
the services of a private nurse (if required) while in
the hospital.
-
Patient transportation. Pays the cost of
transportation by plane, train or bus if you must travel
to receive treatment.
- Family
transportation and lodging. If you must travel
a long distance for treatment, pays for a family member
to accompany you and stay nearby.
-
Nursing facility or hospice. Pays a daily
dollar amount for staying in a nursing care facility or
hospice.
-
Surgical procedures. Pays a scheduled
dollar amount for surgery related to diagnosing and
treating cancer. Anesthesia benefits are also
available.
- Cancer
therapies. Pays
a daily dollar amount for radiation, chemotherapy, bone
marrow transplants, blood products and anti-nausea
medication.
Who needs it?
You may not need cancer
insurance, but you might want to consider this supplemental
coverage. You should think about purchasing cancer insurance
if:
- You have a
family history of cancer. (Although, if you’ve already
been diagnosed with cancer in the past, you probably
won’t qualify for coverage.)
- You don’t
have enough in savings to pay medical bills your regular
health insurance won’t cover.
- You are your
family’s sole wage earner.
-
You are concerned about protecting your family’s
financial assets.
What are the costs?
Plans start as low as
$14.20/month
What are the issue ages?
You must be 18-79 in most states.
Are there waiting periods?
In most states there is a 30 day waiting period from the
date of issue before any benefits will be payable.
This is common in cancer insurance policies
I currently have cancer or have had cancer in the
past, will I still get coverage?
If you currently have cancer or have had cancer within
the past 10 years, you will most likely be denied coverage.
If you have only had a minor skin cancer, you may still be
able to get coverage. Talk to us further about your
situation and we will be able to let you know if coverage
will be accepted.
I currently smoke, will that affect my price or
coverage?
No. There is no price difference if you smoke and
you are eligible for coverage.
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