Today, nearly 38% of men and women are estimated to develop some form of cancer in their lifetimes. While this prevalence can be alarming, thanks to advanced detection and aggressive treatments, many people can survive this disease. Unfortunately, the cost of this care can be an incredible burden, leaving many to make serious sacrifices just to stay healthy. Cancer insurance can help you avoid these financial risks so that you can heal without hurting your budget. If you’re curious about this type of coverage, here are a few important points to know about it.

What Does Cancer Insurance Cover?

The specific terms of a cancer insurance policy will vary from provider to provider. In general, most plans offer a lump-sum payment upon positive diagnosis. This benefit is designed to pay for screenings, oncology appointments, treatments, and other medical needs. If you’re unable to continue working during treatment, this plan can also cover living expenses—such as those related to your mortgage, food, utilities, and transportation needs.

What If I Already Have Health Insurance?

Many people don’t think about getting additional cancer coverage if they already have a health plan. While standard policies are useful, they do not always provide ample benefits to those who are diagnosed with cancer. Furthermore, these plans can carry high deductibles and may lapse if you have to stop working for an extended period. Cancer insurance plans help cover these gaps and are much more dependable no matter what your employment situation is.

Who Should Consider This Coverage?

Since cancer is a disease that can impact anyone, every person should consider this type of insurance. Individuals who have a greater risk, however, may want to think more seriously about coverage. These individuals can include those with a family history of cancer or those that have pre-existing risk factors—such as being overweight or a smoker.

Who Isn’t Eligible for Coverage?

Eligibility is often determined on a case-by-case basis, so consult an insurance agency to consider your options. Typically, individuals who currently have cancer will not be able to qualify for coverage. But even if you present certain risks, the provider may be able to find a plan that works for you.

Protect yourself from cancer-related expenses by talking to Robert Rung Insurance. Providing a wide suite of policy options, this Lincoln, NE, agency can introduce you to a wide variety of plans that fit your specific concerns, risks, and budget. Understanding that every situation is unique, this agent will also work with you one-on-one to ensure you fully understand your benefits and how to use them. To learn more about the products this provider offers, visit them online. For quotes, call (402) 483-2279 to speak with a friendly agent.