Cancer & Critical Illness Cash Benefit
A supplemental policy that may pay a cash benefit directly to you after a covered diagnosis, so you can put it toward whatever matters most to you, from medical bills to everyday household costs.
Cash paid directly to you
A cancer and critical illness cash benefit policy is supplemental insurance that sits apart from your health coverage. If you are diagnosed with a condition the policy covers and you meet its terms, it may pay a cash benefit to you rather than to a doctor or hospital, and how you spend it is up to you.
- Paid directly to you, not to a provider
- Use it for medical bills, deductibles, travel for treatment or household expenses
- Works alongside your current health coverage and does not replace it
- Covered conditions, waiting periods and exclusions vary by policy and by state
Costs that health coverage may not pay
Costs beyond the medical bill
A serious diagnosis can bring expenses that health coverage does not pay, such as deductibles, copays, travel to a treatment center and help at home.
Flexibility to use it your way
Because the benefit goes to you, you decide how it is used. Some people cover medical costs, and others keep up with the mortgage, utilities or groceries while they focus on recovery.
An added layer, not a replacement
It works alongside Medicare, an employer plan or other coverage, and it is meant to add to what you have rather than stand in for it.
This may be worth a look if you
Face higher out-of-pocket costs
Have a high deductible or meaningful cost sharing and want a cushion for expenses you would otherwise pay yourself.
Rely on your own income
Are self-employed, or know that a missed paycheck would be hard on your household.
Like to plan ahead
Prefer to have a plan in place before it is needed, and want to understand the trade-offs first.
A simple conversation, at your pace
We talk through your situation
We look at the coverage you already have and the costs that would fall to you.
We compare your options
We explain in plain language what each policy covers, along with waiting periods, exclusions and how premiums work.
You decide at your own pace
There is no pressure. If a policy is not a good fit, we will tell you.
Where it is available
Currently offered in Florida, California, Tennessee and Pennsylvania. Availability, benefits and premiums vary by state.
Important information
Cancer and critical illness insurance is supplemental coverage. It is not Medicare, not Medicare Supplement (Medigap) insurance and not major medical coverage, and it is not a substitute for health insurance. This policy provides limited benefits. An outline of coverage is available on request.
Benefits are paid only for conditions the policy covers, as defined in the policy, and are subject to waiting periods, limitations, exclusions and pre-existing condition provisions. Benefits, premiums and underwriting vary by state and by individual.
This is a solicitation for insurance. A licensed agent may contact you.
Curious whether this fits your situation?
Book a call and we will go over your current coverage, your questions and your options.