What is Cancer Insurance?
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, and is meant to mitigate the costs of cancer treatment and provide policyholders with a degree of financial support.
These policies typically offer wellness benefits that are focused on the early detection of cancer, including such tests as mammograms, pap smear tests, and colonoscopies to name a few.
Benefits come in different varieties depending upon the insurance company underwriting the policies. Many policies offer benefits concerning medical expenses, which include costs associated with health care, such as cancer treatment. Other policies offer benefits concerning non-medical costs. These benefits provide policyholders with financial assistance for transportation, food, home and childcare, and certain bills.
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