Cancer Cover Insurance
As you might have guessed, cancer insurance covers different types of cancer that the policyholder may be diagnosed with. How serious the problem of cancer is, is not up to this article to decide, although actual numbers sound alarming if taken as a whole.
Is this type of insurance really necessary, though? The question seems to arise from the few limitations generally imposed by the insurance company, such as:
- Non-melanoma skin cancers are usually not covered
- Cervical cancer in its early form
- Benign or pre-malignant conditions that may, at a certain point, lead to cancer
Furthermore, if a cancer condition is diagnosed within the first 60-90 days of policy (depending on the insurance company), the claim is usually rejected. Above that, the cover is canceled in almost all contracts if the policyholder fails to seek medical advice or culpably fails to follow it.
As such, the insurance companies’ claims of the necessity of cancer insurance to be treated separately from generic health insurance appear to be founded on a solid base.
However, is that enough of a reason for a normal citizen to go right into signing a policy? It is true that one of the most common arguments heard against cancer policy is “If I already have a health insurance policy that covers cancer treatments as well, why would I need a separate policy dedicated specifically to cancer?” The answer is that policies specifically dedicated to cancer usually offer better coverage for treatments. Keep in mind that, while the mechanism of cancer is somewhat known, the trigger for this disease is not yet fully known. Different new and experimental treatments, as well as participation in trials for drugs that might improve the standard of living for cancer patients, are usually not available in standard health insurance policies.
Another point to take into consideration is that, while most diseases have prompted for a standard response around the world, a response which is usually available in all healthcare centers that one might visit (with very few exceptions), standardized treatment or alleviation for cancer is still in its incipient phase. Travel mandated by different treatment methods at different healthcare centers is not covered by the standard health insurance policies.
Although the decision is ultimately yours, cancer coverage should not be regarded as a replacement for health insurance or disability insurance, but an addition to them. A specialized annex, if you like. Think about it as a very helpful extra to have in case you are diagnosed with almost any form of cancer and you need any special surgical procedure. It will be covered by the insurance, while, at the same time, not inflating your standard healthcare insurance and not ending its coverage period. Because of this, even though cancer insurance is still somewhat controversial, it is a good idea to take on such a policy, especially if you have a family history of the disease.