Cancer insurance is for people who want to add financial protection in addition to their health insurance, just in case they are diagnosed with cancer and medical insurance alone may not be enough to cover their expenses.
Cancer insurance can help you handle medical plan deductibles, co-pays and other out-of-pocket costs; non-medical expenses such as transportation to treatment facilities; even everyday living expenses such as groceries, rent and mortgage payments.
The unexpected out-of-pocket expenses of cancer recovery, such as transportation to chemotherapy, copays, and deductibles, can add up fast. What's more, two thirds of cancer recovery costs are non-medical, such as covering the mortgage, child care, and other household expenses. Cancer insurance can help you pay for all of these expenses.