Cancer and critical illness coverage provide extra financial protection to you and your family if you receive a serious or life-threatening diagnosis. Supplemental plans like critical illness insurance are the foundation of what we do at Nunes Partners.
When we experienced a medical crisis, we were left with thousands of dollars in medical bills despite having decent health insurance. After that, we looked into ways we could better protect ourselves and our finances. We discovered supplemental insurance, which helps policyholders cover remaining medical bills and make up for lost income. We founded Nunes Partners to help people like you create custom healthcare plans that provide options in the face of life’s challenges.
The illnesses covered under a critical illness policy will vary based on the plan that you choose. Cancer-only plans are a popular type of critical illness coverage and are typically cheaper than plans that cover a wider range of illnesses. Before choosing your coverage, we’ll help you understand what is covered and under what circumstances you can expect a payout. Here are a few common illnesses that are covered under critical illness plans:
According to the National Cancer Institute, about 2 million people in the U.S. will be diagnosed with cancer in the next year. A cancer insurance policy ensures that you can seek the best treatment and helps alleviate the financial stress that this diagnosis brings. Cancer policy benefits pay based on diagnosis and can be paid out in a lump sum or throughout the course of treatment depending on your plan. Like most insurance policies, supplemental plans do not cover pre-existing conditions, so don’t wait until it’s too late to explore cancer coverage.
If you have traditional health insurance, your insurance company is required to help pay for treatment according to the terms of your plan. However, you will still be responsible for covering out-of-pocket costs until you reach your annual maximum. Your health insurance may also choose not to cover newer cancer treatments that are still considered experimental. Supplemental cancer insurance gives you options to seek the treatment that makes sense for you.
If you receive a cancer diagnosis, you deserve the freedom to choose your treatment and focus on your recovery rather than stressing about lost income and expensive medical bills. If you have a family history of cancer or another critical illness, contact Nunes Partners today. We can help you find a plan that provides the protection you need at an affordable rate.
