Why do I need Cancer Insurance?
A cancer diagnosis can be a life-changing event, and cancer treatment may result in expenses beyond medical care that you never even anticipated, for example...
- Transportation, lodging, and food bills associated with traveling for treatment,
- Childcare and household help,
- Continuing expenses such as groceries, car payments, mortgage or rent, and utility bills.
Your regular expenses continue whether or not you are able to work. If a family member has to stop working to take care of you, the loss of income may be doubled. The National Institutes of Health estimates overall costs of cancer in 2010 at $263.8 billion.*
How Manhattan Life Can Help
Cancer insurance is a type of supplemental health insurance that is meant to manage the risks associated with the cancer disease and its numerous manifestations. Cancer insurance policies from Manhattan Life can provide you and your family members with peace of mind by paying cash benefits to help cover expenses that aren't covered by your major medical insurance.
If you are diagnosed with cancer, we pay an initial diagnosis benefit which can help protect you and your family from financial hardship. We pay benefits directly to you, unless assigned. You use the cash however you decide.
In addition, our cancer insurance will continue to pay benefits when you begin cancer treatment. Cash benefits are paid if you receive the following services:
- Hospital confinement, physician's attendance and nursing services.
- Radiation, chemotherapy and immunotherapy.
- Bone marrow transplant, and surgical services.
- Airfare, hotel, and mileage.
- Ambulance, blood and plasma.
- Dread disease treatment.
- And more.
Policies may be underwritten by The Manhattan Life Insurance Company, Central United Life Insurance Company or Family Life Insurance Company.
*Source, American Cancer Society, Cancer Facts & Figures 2011