Cancer
Cancer insurance pays a lump-sum cash benefit upon first qualifying cancer diagnosis. Use the money for anything: treatment costs, travel, bills, or income replacement.
What it covers
- What it pays for
- Lump-sum cash paid directly to you upon first covered cancer diagnosis for any use: treatment, travel, lost income, or everyday bills.
- How it works
- Benefit amount chosen at enrollment; paid regardless of other insurance.
- Who can get it, and when
- Simplified underwriting with a few health questions; no medical exam. Active cancer or recent treatment history may disqualify.
What it costs
Level or age-banded premiums that depend on the benefit amount, your age and tobacco use.
Hawkins Insurance Group, LLC is not connected with or endorsed by the United States government or the federal Medicare program. We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all of your options.
What is good about it
- Simple benefit structure
The catch
- Pre-existing cancers excluded
- Non-melanoma skin cancers typically not covered
- A waiting period before coverage starts
Mistakes to avoid
- Choosing too small a benefit for what treatment can cost
Common questions
- It protects against a diagnosis that can be very costly. Most valuable with limited savings or family history.