Cancer insurance is a special type of policy that covers financial assistance to those who are affected by this particular disease. It covers treatment including hospitalization, radiations, surgery, etc. To get this insurance, the customer must not be affected by cancer in before as pre-existing cancer conditions. Before getting cancer insurance, the insured should watch the below criteria: Entry Age, Maximum Sum Assured, Policy Terms, Survival period, Premium schedule.
Cancer Types
- Breast Cancer
- Hypopharynx Cancer
- Lung Cancer
- Ovarian Cancer
- Prostate Cancer
- Stomach Cancer
Some of the main coverages, which comes under a cancer insurance
- Can increase the sum insured by a certain condition
- Discount available over a certain amount
- Multiple stages can cover
- The premium waiver is available
- Tax benefits under 80D