Supplemental coverage
Cancer Insurance
Pays a lump-sum cash benefit upon first qualifying cancer diagnosis. Use the money for anything: treatment costs, travel, bills, or income replacement.
The quick version
If you only read one thing, read this
- 1
Lump-sum cash paid directly to you upon first covered cancer diagnosis for any use: treatment, travel, lost income, or everyday bills.
- 2
Level or age-banded premiums typically $18–$45/month depending on benefit amount, age, and tobacco status.
- 3
Simplified underwriting with a few health questions; no medical exam. Active cancer or recent treatment history may disqualify.
The details
The stuff that matters, one piece at a time
Benefits
Lump-sum cash paid directly to you upon first covered cancer diagnosis for any use: treatment, travel, lost income, or everyday bills.
What it costs
Show me the money
- Pricing Pattern
- VariesDepends on product type & chosen benefit amount
- Typical Premium Range
- $18–$90/moDental lowest; final expense highest
- Typical Premium
- $18–$45/moBased on benefit amount, age, tobacco
- Lump-Sum Benefit
- $10,000–$75,000Chosen at enrollment; paid upon diagnosis
- Waiting Period
- 30 daysBefore coverage activates
The honest take
What's good, and where it falls short
The good stuff
- Lump-sum cash at diagnosis for any use
- Helps cover treatment travel, lost income, and bills medical insurance misses
- Simple benefit structure
The catch
- Pre-existing cancers excluded
- Non-melanoma skin cancers typically not covered
- 30-day waiting period before coverage activates
Head to head
Hospital Indemnity vs. Cancer Insurance
Different add-on products target different financial risks. Choose based on your gap analysis.
Buyer beware
The mistakes that cost folks the most
Having a cancer history that triggers the pre-existing exclusion. Read the policy definition carefully
Assuming all cancers are covered. Non-melanoma skin cancers (basal/squamous cell) are typically excluded
Choosing too small a benefit. Cancer treatment costs average $150,000+, so a $10,000 lump sum may not help much
Common questions
What folks ask us most
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See the plans and the prices. Or talk it through with a licensed agent who works for you, not the insurance company.