Cancer Insurance
Benefits paid directly to you.

 

Use the cash however you decide.

Cancer insurance from ManhattanLife helps provide an important safety net beyond traditional health insurance for addressing the financial consequences of dealing with cancer. Plus, you determine whether you use it to cover deductibles and co-payments or living expenses. Our First Occurrence Benefit (FOB) policy pays the amount you select from $5,000 to $50,000. Cancer Care Plus covers cancer and expenses related to a number of additional dread diseases, including muscular dystrophy, epilepsy, meningitis, and multiple sclerosis.

CANCER STATISTICS

15.5M

More than 15.5 million Americans with a history of cancer were alive January 1, 2016. Most were diagnosed many years ago and have no current evidence of cancer.1

1.7M

More than 1.7 million new cancer cases were expected to be diagnosed in 2019.1

1,660

Cancer is the second most common cause of death in the U.S. and is responsible for approximately 1,660 deaths each day. Almost 607,000 Americans were expected to die of cancer in 2019.2

 

WHY CANCER COVERAGE?

Cancer is the second most common cause of death in the United States, exceeded only by heart disease. Survival rates are increasing and have been since the early 1990’s.3 Although health insurance can help offset the costs of cancer treatment, you still may have to cover deductibles and co-payments on your own, plus standard living expenses. If a family member must stop working to take care of you, the loss of income may be doubled.

 

CANCER’S FINANCIAL TOLL

Researchers study “financial toxicity” or the impact that accumulating medical expenses can have on people with cancer.4 The average cost for one year of treatment in 2014 was $58,097. It’s estimated that about 60% of bankruptcies in the U.S. -- more than half a million cases -- can be traced to medical debt.4

 

PLAN BENEFITS

Radiation, chemotherapy, and other benefits
Cancer screening test (One per year)
Additional surgical opinions
Daily hospital confinement benefit
Surgical benefit
18 - 69 Coverage age limits

 

PRODUCT FEATURES

You determine how to use the cash from cancer insurance through ManhattanLife. Use it to cover deductibles and co-payments, out-of-pocket expenses related to your treatment like travel, lodging, and long distance calls, or living expenses such as childcare, car payments, mortgages or rent, and utility bills.

 

 

 

Benefit exclusions and limitations may apply to the policy. For additional information about cancer insurance or any of our other quality products, please contact us or your ManhattanLife Agent or Broker.

Sources for statistics: 1American Cancer Society - Cancer Facts and Figures 2019; 2National Cancer Institute/www.cancer.gov; 3National Cancer Institute/www.cancer.gov; 4Duke University School of Medicine

The cited facts represent the U. S. population, are for information only, and do not imply coverage under the policy or endorsement of the company.