Cancer is one of those things that nobody wants to think about. Just like most tragic things in life, we all tell ourselves that it won’t happen to us; but unfortunately, that is not a realistic way of thinking. According to Canadian Cancer Statistics from 2013, 46% of males and 41% of females in this country will develop cancer at some point during their lifetime. That is almost a 50% chance that it could happen to you down the road.
There are over 180,000 new cases a year including both males and females, and the most common and serious cases are usually prostate cancer for men and breast cancer for women. It is estimated that 75,000 cancer related deaths will occur in Canada by the end of 2013, however, not all cases are doomed to be fatal.
Patients can undergo treatment and beat cancer to go on and live healthy, happy lives. However, this requires chemotherapy and extensive treatment, which is not only invasive physically, but can be quite expensive to maintain without the proper medical insurance coverage. Therefore, cancer insurance is something you should definitely be thinking about.
Although cancer might be the farthest thing from your mind at this state in your life, there is a very real chance that it could happen to you, and you want to be prepared so that you have the best chances possible of beating it and getting your life back. So where do you begin? It’ best to research the different kinds of critical illness insurance coverage out there and what they can provide for you. You should start by looking into what may be available to you through other insurance policies you have in place or through your employer. However, if you want extra protection, it is never a bad idea to see what else is out there to add additional coverage in the event of cancer.
Being open about your overall income, debts, dependents, and possible health care needs before researching outside critical illness insurance is a good idea to get the best coverage. If you have a smaller budget, you can try to tailor an insurance plan to cover only those diseases you are most at risk for, such as cancer, and you can also try to find smaller coverage amounts. It is best to commit to a contract as early as possible to avoid rising prices. If you choose a ten-year fixed cancer insurance policy, your premiums could be cut drastically.
One option to consider while seeking cancer insurance is NoMedicalLifeInsurance.ca. Headed by insurance expert Tamara Humphries and LSM Insurance, they offer expertise on finding relevant critical illness insurance without requiring a medical exam from you. They also assist with financial planning and focus on personalizing their insurance search so that it is right for your individual needs. Their company values focus on customer loyalty and earning your trust. They strive to keep their insurance knowledge and technology up to date in order to enhance their client’s experience as much as possible. They are committed to staying up to date and seeking out all the best possible options for their clients’ needs, and they offer cancer insurance options for those ranging from 20 to 85. Don’t let a lack of planning leave your family members with a huge debt, and you without a full and happy life. See what is out there for you. Although it might be scary to think about, the consequences of not planning ahead could be much scarier.