Top 5 Cancer Insurance Providers This 2019

Cancer is one of the leading causes of death worldwide. If you have a family history or higher risks of cancer, it makes sense to have a separate cancer policy. This should be a priority if you are especially concerned that your basic health plan will fail to provide enough coverage for expensive cancer treatments.

You can only sign up for cancer insurance before diagnosis. Each policy will be different, but for the most part, cancer insurance pays for both medical and non-medical costs like co-pays, deductibles, lengthy hospital stays, diagnostics tests, treatments and procedures, child care, travel and lodging expenses, lost income and more. Here are the top providers for cancer insurance this year.

1. Cigna

Comprehensive coverage is available starting at $19 a month. Lump sum benefits are paid from $5,000 to $100,000, but you can opt for a cancer care treatment policy, too. Family coverage and individual coverage are available, as well as policy riders for critical conditions like heart attack and stroke. Benefits are included for surgery and hospitalization, chemotherapy, radiation, transportation and lodging, rehabilitative therapy, extended care facility stay, hospice care, and family care.

2. United Healthcare

The best plan to get from United Healthcare is the combination policy that covers critical care and cancer in one. This means you are covered for cancer treatment along with other serious illnesses like heart attack, loss of hearing or speech, organ transplants, paralysis, coma, or renal failure stroke. United Healthcare pays from $10,000 to $50,000.

3. Aflac

Cancer insurance benefits from Aflac come in three stages, including initial diagnosis, medical imaging with diagnosis and NCI evaluation or consultation. Each policy covers cancer wellness check-ups, treatments like chemo, radiation, experimental treatments, stem cell replacement and bone marrow transplants, as well as hospitalization benefits, continuing care benefits, ambulance, transportation, and lodging. Payments can be received via a lump sum or over time up to $100,000. Aflac is also known for fast claim payments available for certain claims submitted through its SmartClaim process. Payment is received the next day after filing the claim!

4. MetLife

If you are employed, MetLife is a good cancer insurance option. Premiums are automatically deducted from your payroll. Further, there is no examination required to receive coverage! There is no waiting period for coverage to commence, too. Payments are done through a lump sum for annual screenings, initial diagnosis, cancer recurrence, cancer treatments, hospitalization and more. 

5. Guarantee Trust Life

Similar to United Healthcare, GTL offers combined policies for cancer, heart attack, and stroke. It provides a lump sum benefit up to $75,000. If you undergo experimental cancer treatment, your benefit increases by 25%. Moreover, members get free access to Mayo Clinic nurse and support services 24/7 to seek medical advice. In case you have risks for skin cancer, this may be the best cancer insurance to get because they offer $500 payment for each occurrence of skin cancer up to three times, but of course, it is best if you remain healthy and never get to use it!

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MJ Usner