• ~curious about an insurance topic, do you have a Cancer Policy?~ Have you collected?

    Asked by GregP_WN on Wednesday, February 25, 2015

    ~curious about an insurance topic, do you have a Cancer Policy?~ Have you collected?

    I sold insurance several years ago, and cancer policies were a big item, never once did I ever think I would actually use it. When I was diagnosed it paid several thousand directly to us to use as we needed. Looking back, I can say that all that advice I gave people about what a good idea it is to have a cancer policy was actually good advice!

    15 Answers from the Community

    15 answers
    • peachpoppy's Avatar
      peachpoppy

      I recently signed up for one at work, but was a little unclear if I would actually be eligible since I've already had cancer. I think it had a first time diagnosed payout and a recurrence payout.

      almost 6 years ago
    • Kebohs' Avatar
      Kebohs

      Wow! I never knew those types of policies existed. Was it tagged on to a health insurance plan or a life insurance policy rider?

      almost 6 years ago
    • lokidoki's Avatar
      lokidoki

      I have one for several years thought it would be good to help evade cancer haha anyway waiting for policy to see exactly what it is and what is covered-I cannot find original
      .

      almost 6 years ago
    • LiveWithCancer's Avatar
      LiveWithCancer

      I think my mother has one but gratefully, hasn't had to use.

      almost 6 years ago
    • GregP_WN's Avatar
      GregP_WN

      Kebohs, it's a stand alone policy. But of course you can only get one if you have not been diagnosed with cancer. Similar to a heart attack/stroke policy or other supplemental policy.

      Also, MeganKrista posted some garbage about Dr. Scam that could cure all of our illnesses as an answer to this question, I nuked her account, thanks to those of you that emailed me about it. We appreciate you looking out for the site.

      almost 6 years ago
    • cam32505's Avatar
      cam32505

      I always felt that insurance companies find loopholes to avoid paying a claim of any kind, so I never purchased the policy. They try to sell them in case you're out of work so that they'll pay your car payment, etc. Now, I need to prove that. The doctors can barely be bothered to fill out the necessary paperwork to get health insurance to pay and short & long-term disability, let alone SS benefits.

      almost 6 years ago
    • Kebohs' Avatar
      Kebohs

      Thank you Greg! And thank you for looking out for us all the time

      almost 6 years ago
    • GregP_WN's Avatar
      GregP_WN

      Cam, this policy for me paid several thousand and if I go into treatment again, or have cancer specific stays in the hospitla/surgery etc it will keep paying. I was lucky to get it. This company covered me after I had been cancer free for 10 years, then 8 years later I got my third diagnosis. Lucky for me, unlucky for the insurance company for once. Also, I had been several years without health insurance, nobody would cover me. An agent happened by my office one day and said he could cover me if I had been at least 10 years out. At that point I was 15 years I think. I took the policy, and 2 months after it went into effect I was diagnosed on the third one. I didn't expect them to pay, but they have paid a bunch. I lucked out on that one.

      almost 6 years ago
    • amontoya's Avatar
      amontoya

      AFLAC offers specific cancer policies. We offer it through the company I work for and two older people have taken advantage of it. One of the people on the policy has had breast cancer and as long as you're 10 years past diagnosis you can sign up. If you have the right policy in place, they pay and they pay VERY well.

      almost 6 years ago
    • CASSIEME1's Avatar
      CASSIEME1

      i didn't have prior to cancer. i do now .wish i had had it than. breast cancer doesn't run in my immediate family i am the unlucky one

      almost 6 years ago
    • Christiana3's Avatar
      Christiana3

      I've been trying to research guaranteed life policies and must admit I'm lost. From what I understand is they will write a policy (all I want is small policy to cover burial cost) but looks like they won't pay out full amount until after the first year or two. Wish I would have kept my policy before cancer but let it lapse when I went on disability and found out I had cancer. It seems so much was going on at the time. Enjoyed reading the info!

      almost 6 years ago
    • Kannie's Avatar
      Kannie

      I purchased a policy in December and thought it would be a good guarantee of never getting cancer. Three months later I was diagnosed with kidney cancer. Although I did get some payment from AFLAC the policy is really focused on payments for chemo and radiation. No complaints from me that my cancer required surgery and no follow-up treatment but they don't pay too much for just surgery.

      almost 6 years ago
    • Kriitterkare97's Avatar
      Kriitterkare97

      I did not have a cancer policy but I had short term disability for several years that I did not use. In an effort to save a little cash I cancelled the policy and 3 weeks later I was diagnosed with cancer so since I had to use up my vacation time for surgery recovery twice I had to work full time during therapy. Since I have been cancer free for 3 years now I have tried buying a cancer or disability policy and they will not pay out until I have been cancer free for 5 years. I find that whole thing ironic and frustrating. That was a very big mistake.

      almost 6 years ago
    • Toms' Avatar
      Toms

      My parents bought one and it paid for lots of their cancer expenses, beyond their regular medica coverage.l Mom had lymphatic cancer and Dad had prostate cancer. In hindsight I wish I had purchased one, as I'm currently in the process of beating prostate cancer myself.

      almost 6 years ago
    • shotgun's Avatar
      shotgun

      I purchased one for my husband and myself in 2002.I was diagnosed with stage IV colon cancer last year.I am so glad I have this policy.It has payed very well and still paying with each treatment.Money comes directly to me and helps pay co pays and expenses other insurance doesn't cover.I would recommend everyone have a cancer policy.They are not that costly and pay for themselves if you ever do get cancer.All of my children have now purchased one.

      almost 6 years ago

    Help the community by answering this question:

    Create an account to post your answer Already have an account? Sign in!

    By using WhatNext, you agree to our User Agreement, and Privacy Policy


    Read and answer more invasive, squamous cell carcinoma questions.  Also, don't forget to check out our Invasive, Squamous Cell Carcinoma page.