You can use the payout that you receive on what you want, when you want it. This includes both medical and non-medical related expenses that are brought on by cancer.
Loss of Income
A study by the U.S. National Library of Medicine found that women who were going through breast cancer treatment missed an average of 44.5 days from work. It also found that men who were undergoing treatment for prostate cancer missed an average of 27 days from work. A payout from your cancer policy can help you with your mortgage payments, living expenses, and utility bills if you are missing work without pay.
You Are Paid Directly
Dependent on which coverage you choose, the policy will pay the policy-holder the entire amount at one time if you choose a lump-sum cancer policy. This won’t leave you sitting around waiting for other payments. It will help you to get a jumpstart on those big bills and help you remain worry free during the treatments.
Unfortunately, the risk of developing cancer is present and doesn’t seem to be going anywhere any time soon. If your family has a history of cancer, you may benefit in the future by having cancer insurance. Contact Care Financial today for further information regarding cancer insurance and to decide if having a cancer insurance policy is right for