Lump Sum Cancer Insurance
Provides a lump sum cash benefit if you are diagnosed with cancer, to help pay for medical costs and everyday expenses. Available for around $19/month.1
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Lump Sum Cancer Insurance Product Details
The cost of cancer is hard to predict. A Lump Sum Cancer policy provides a cash benefit2 to help cover medical expenses if you are diagnosed with cancer, helping to ease financial issues while you focus on getting well and getting back to living the life you were meant to. How can a Lump Sum Cancer Insurance Policy help you?
For an affordable monthly premium, you select a Lump Sum Cancer Insurance policy with a maximum benefit amount of $5,000 to $100,000.*
Cash benefits are paid if you’re diagnosed with a covered cancer. Use the cash to help pay2:
Deductibles and coinsurance
Prescription drugs
Rehabilitation
Extended hospital stays
Experimental therapy
Every day expenses such as monthly bills and expenses, child care, etc.
We pay directly to you, or someone you designate, regardless of other insurance you may have.
Includes coverage for you and your dependents.
Your policy is Guaranteed Renewable for Life.4
Available to ages 18-99.*
Customize your Lump Sum Cancer Insurance policy
We can also help you customize your Lump Sum Cancer Insurance coverage to fit your needs. Riders offer coverage for specific situations and can be added for an additional monthly amount.3 Consider adding one or more of the following riders for even more coverage (these summaries contain highlights only and are subject to change):
Lump Sum Heart Attack and Stroke Rider
This rider can be added to the Lump Sum Cancer policy to gradually increase your benefit amount over time. Each year, on the rider anniversary date, we will increase the policy benefit amount by $500 or $1,000** while the rider remains in force. This annual benefit amount will continue to build each year until the 35th rider anniversary date.
**Based on the amount you selected at the time of application
Cancer Recurrence Benefit Rider
If you are concerned with a recurring diagnosis of cancer, our Cancer Recurrence Benefit Rider may pay you additional benefits should you receive subsequent diagnoses of cancer. You will receive a percentage of your benefit amount (not to exceed an additional 100% of the selected benefit amount) upon additional diagnoses of cancer provided you have not received advice or treatment for at least two years from the date of your last diagnosis.
Radiation and Chemotherapy
This rider is a cost-effective way to enhance your cancer coverage. The Radiation and Chemotherapy Benefit Rider pays certain benefits when an insured person incurs a charge and receives covered treatments for cancer or carcinoma in situ. It must be purchased with the Cancer Recurrence Rider. Benefits are not payable for skin cancer.
Kate's story
Kate always took good care of herself, so she was caught off guard when a recent mammogram identified an early diagnosis of breast cancer. Thankfully, the mammogram caught the cancer early, but Kate learned that surgery and chemotherapy treatments would have her out of work for longer than she expected.
Kate had purchased Lump Sum Cancer Insurance for less than $1 per day1, along with her primary health insurance. The cash benefit helped her pay expenses she would otherwise not have been able to pay, allowing her to focus on fighting her cancer instead of worrying about bills.
(This is an example used for illustrative purposes only.)
State Specific Details
Learn more about the benefits included in the Lump Sum Cancer Insurance policy by selecting the state where you live:
Continue shopping for additional coverage
State Policy Disclosures, Exclusions, Limitations, and Reductions
1 Rates are illustrative only. Please do not submit money. You must first obtain an application to obtain any coverage. Premium based on the individual rate for a 40 year old in Alabama with a $20,000 benefit amount. Individual rates will vary based on your state, age at time of issue, coverage type and the benefit amount you select. Rates are subject to change. In South Carolina and Washington, the minimum benefit amount is $25,000.
2 Benefits received in excess of medical expenses may be considered taxable income. Consult your tax advisor.
3 There will be a charge for each rider selected. Riders are not available in all states.
4 Policy cannot be canceled as long as you pay your premium when due. The company reserves the right to increase premiums on a class basis.
* Benefit amounts, issue ages and rates vary by state; please contact your broker or HealthSpring representative for details.
The Lump Sum Heart Attack and Stroke policy is not available in ID, NM, NY or VA.
The Lump Sum Cancer policy is not available in ID, NM, NY or VA.
The Cancer Treatment policy is not available in ID, MA, MN, NH, NJ, NM, NY, UT or WY.
The Hospital Indemnity policy is not available in MA, MT, NJ, NM or NY.
The Whole Life policy is not available in FL or NY.