This plan is a lump sum benefit insurance plan. If you are diagnosed with cancer you receive cash benefits.
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It pays a cash benefit to use however you want. Many people use it for traveling expenses, out of pocket doctor fees, and bills. No matter what the need a lump sum cancer insurance policy can help to provide the support you need to keep afloat during those trying times.
The cost of these illnesses or an accident is hard to predict this is why a lump sum insurance policy may be right for you. Many people enroll with these plans because they are pre-disposed genetically to certain illnesses or are accident prone and need additional coverage. You can select a benefit amount from $5,000 to $100,000, depending on your individual needs.