Cancer insurance can help offset costs associated with cancer treatment and recover, so employees can focus on getting well.
Our cancer insurance helps provide a financial safety net that can assist with covering cancer-related expenses that medical insurance doesn’t cover, so you can focus on what matters most: recovery.
Most of us don't expect to face a serious illness like cancer. However, statistics show 1 in 2 men and 1 in 3 women develop cancer in their lifetime. Some look to family history to determine risk, but that often doesn't tell the whole story. While heredity and environmental factors can play a role, inherited genetic factors impact only about 5-10% of all cancers.
Fortunately, more people are surviving cancer thanks to early detection and more aggressive treatments. If you're diagnosed with cancer, you may find that your medical insurance doesn't cover everything. In addition to your day-to-day bills, you could incur costs for treatment and recovery, such as:
The need to scale back on work or take a leave of absence during treatment and recovery only adds to the stress. That's where supplemental cancer insurance helps. It assists with protecting you from financial hardship in the face of mounting cancer expenses.
If cancer affects your life, you should be able to focus on finding the best treatment and getting better – not on how you'll pay your bills.
Equally important, some plans also cover an annual cancer screening test to promote prevention and early diagnosis. Optional riders may be available to provide even more financial protection during the initial diagnosis period and hospital stays.
Coverage options are available for you, your spouse and your eligible dependents.
Benefits are payable directly to you, unless you specify otherwise.
Benefits are payable regardless of any insurance you have with other companies.
Some policies can be taken with you even if you change jobs.
AN EXAMPLE OF HOW CANCER INSURANCE CAN HELP
Paul and Kim were preparing for their second child when they learned Paul had cancer. Here’s how cancer insurance helped cover their out-of-pocket expenses without sacrificing the nest egg they had saved up for their family.
Paul's medical insurance wouldn't cover everything, but his cancer insurance helped. His wellness benefit assisted with paying for the screening that discovered his cancer.
TRAVEL COSTS FOR SECOND OPINION
Kim and Paul used their cancer insurance to help cover lodging and transportation when they traveled to a top cancer hospital for a second opinion.
The couple's benefits also helped offset out-of-pocket deductibles and co-pays related to Paul's surgery, hospital stay and recovery.