Cancer Policies

Why Cancer Insurance?

Cancer rates in the United States continue to increase. However, more and more cancer patients are surviving due to improved treatment options. Many of these options are expensive and can be financially draining on a family, especially when you are already dealing with the emotional and physical toll of cancer.

  • In the U.S., men have a 1 in 2 lifetime risk of developing cancer, and for women the risk is 1 in 3.
  • About 1.4 million new cancer cases are expected to be diagnosed in 2006.
  • Cancer costs Americans more than $209 billion annually.
  • More than 64 percent of that amount is considered indirect or hidden costs not covered by most major medical plans.

Source: Cancer Facts & Figures, American Cancer Society, 2006.

The Importance of Early Detection
The good news is that regular screenings by a health care professional are effective at early detection of many types of cancer including breast, colon, cervical and prostate cancer. Early detection helps increase the chance of survival. Likewise, if detected early, the treatment may not be as intense or costly.

  • The screening-accessible cancers listed above account for about half of all new cancer cases. Half the cancers can be detected early by having regular cancer screening tests.

Source: American Cancer Society, Cancer Facts & Figures, 2001

Early detection is key. Numerous studies have shown that early detection saves lives and increases treatment options. Our cancer and critical illness plans both offer annual specified health screening or wellness benefits. You don’t have to be diagnosed with cancer to receive this benefit from your plan.

This coverage may not be available in all states; product benefits vary by state. Policies have exclusions and limitations that may affect benefits payable. For cost and complete details, please contact our office.