https://youtu.be/M8w2WRogtV0
Cancer Insurance complements your medical and disability income coverage, and can ease the financial impact of a cancer diagnosis by providing a lump-sum benefit to help you pay some of your additional expenses. Thanks to advancements in modern medicine, chances of recovery from a cancer have greatly improved.
Lump sum payment that can be used to pay deductibles, or even normal living expenses, like your mortgage or rent and utility bills
It’s your money … you decide how to spend it!
Nearly 78% of all cancers are diagnosed in people 55 years and older
Cancer is the second leading cause of death, behind heart disease
1 in 2 men and 1 in 3 women develop cancer in their lifetime
Chronic and critical illnesses may result in the inability to perform activities of daily living such as bathing or dressing yourself without help or assistance.
Common types of financial problems for cancer patients
- 64% made financial sacrifices
- 59% used retirement or other savings
- 39% could not cover the costs of care
- 32% borrowed money or went into debt
- 66% worried about their future fiances
- Unknown – impact on their recovery because of worrying
Lifestrong survey 2015