Specified Disease Insurance for Cancer
You don't plan to be diagnosed with cancer. But what would you do if it happened? Our plan is designed to supplement your major medical coverage to help you with the high cost of cancer treatment.
With our specified disease insurance for cancer, you can take the next step after diagnosis with comfort and reassurance. Benefits from our plan will help you pay the following types of out-of-pocket expenses:
- Home health care or caregivers you may require.
- Home or automobile modifications.
- Mortgage, utility bills and other everyday living expenses.
- Travel costs to and from treatment centers.
The benefits from this plan can be used where you need them most.
Plan features:
- Pays a cancer screening benefit for specified screening tests.
- Upon diagnosis of cancer, provides benefits for treatments and resulting costs that you may require to care for your cancer.
Additional plan features:
- Benefits are paid directly to you unless you specify otherwise, so you can use your benefits where you feel they are needed most.
- Coverage is available for you, your spouse and your dependent children.
- Coverage is portable, which means you can take it with you if you change jobs or retire.
- This insurance is guaranteed renewable for life as long as premiums are paid when due or within the grace period.
- This plan includes a waiver of premium. If you are disabled due to cancer for 90 continuous days after the effective date, you will not have to make the premium payments for this plan while you are disabled. The date of diagnosis of cancer must be after the waiting period and while the policy is in force.
Additional plan benefits:
This plan pays specific benefits for cancer diagnosis and treatment, including:
- Wellness benefit: Payable for one of the specified cancer screening tests performed.
- Bone marrow donor benefit: Payable if you donate your bone marrow to another person who has been identified as a match to your bone marrow type.
- Inpatient benefits: Payable for hospital-related services such as hospital confinement, ambulance, air ambulance and full-time nursing services.
- Treatment benefits: Payable for cancer treatments such as radiation and chemotherapy, anti-nausea medication and medical imaging.
- Surgical procedures benefits: Payable for surgery performed to treat cancer, including reconstructive surgery and anesthesia.
- Transportation and lodging benefits: Payable if you must travel to receive cancer treatment.
- Extended care benefits: Payable for extended care services such as home health care, hospice and skilled nursing care.
Products are underwritten by The Paul Revere Life Insurance Company.
Premiums vary based on level of coverage selected. Policies have exclusions and limitations that may affect benefits payable. For cost and complete details, please see your benefits representative.
Policies are guaranteed renewable, as defined by the policy, as long as premiums are paid when due or within the grace period.
This policy (C1000-NY) provides limited benefits health insurance only. It does NOT provide basic hospital, basic medical or major medical insurance as defined by the New York State Insurance Department. The expected benefit ratio for the Specified Disease for Cancer policy is 60%. This ratio is the portion of future premiums which the Company expects to return as benefits when averaged over all the people who have this policy.
