Cancer Insurance

Support you can count on during life’s most difficult moments.

A cancer diagnosis brings emotional and physical challenges—but it can also lead to significant financial strain. While Medicare covers many cancer-related medical treatments, it doesn’t cover everything. From high out-of-pocket costs to non-medical expenses, the financial burden can add up quickly. Cancer insurance helps bridge the gap by offering benefits designed to ease the impact of a diagnosis.

Why Cancer Insurance Matters

Cancer treatment often requires extended care, multiple specialists, and expensive therapies. Medicare covers many hospital and outpatient services, but you may still be responsible for:

• Deductibles and coinsurance

• Prescription drug costs

• Travel to treatment centers

• Lodging and meals during treatment

• Home care and support services

Cancer insurance provides a lump-sum payment or ongoing benefit that can be used however you see fit, whether that’s for treatment costs or personal needs like rent, groceries, or childcare.

What Does Cancer Insurance Cover?

Cancer insurance is designed to provide flexible financial protection, and plan benefits may include:

Lump-Sum Benefits
Upon a covered diagnosis, many plans pay a one-time benefit (often ranging from $5,000 to $50,000 or more) to use at your discretion.

Treatment-Related Coverage
Some plans include benefits for chemotherapy, radiation, hospital stays, and surgery.

Wellness & Prevention Incentives
Certain plans offer benefits for regular cancer screenings like mammograms, colonoscopies, or prostate exams.



• Extended Care Services
  Coverage may include support for rehabilitation, home health care, and hospice, depending on the plan.

Comparing Plans: What to Consider

Choosing a cancer insurance plan involves more than just picking a benefit amount. Ask these questions as you review your options:

• Is this a standalone plan or part of a larger critical illness policy?

• Are pre-existing conditions or waiting periods part of the policy?

• What cancer types are included or excluded from coverage?

• Is the benefit a one-time payout or available per occurrence?

• Can this plan work alongside my Medicare Advantage or Medigap coverage?



Make sure the plan aligns with your health history, financial needs, and the level of support you’d want if diagnosed.

Be ready for the unexpected. Talk with a broker about how Cancer Insurance can help ➜