No one wants to think about getting cancer but it can affect anyone at any time. If you do have to face it, cancer insurance can make this process a lot easier for you and your loved ones.
While regular health insurance is good for hospitalization, medicine, surgery and emergencies, they may not cover the high costs of cancer diagnostic, treatment and recovery. The cancer policy is designed to cover the gaps that are not paid by your regular health insurance. This policy can help pay medical costs like copays, deductibles, hospital stays, tests, treatments, and procedures as well as non-medical costs like childcare, travel and lost income among other things during your cancer treatment. All cancer policies, just like other insurance policies, vary in what is covered depending on the cost and company.
Cancer insurance should not be confused with critical illness insurance, which covers expenses for conditions and diseases specified by the policy, although in some cases they may be combined. The conditions covered by critical policy may vary, some of them may include cancer while others do not. Conditions usually included in this policy are:
- Heart attack
- Organ transplant
- Heart transplant
- Kidney failure
- Coronary bypass surgery
Cancer insurance can protect you and your family.