What you Need to do to Get the Right Retirement Plan

by Jessy Jose An Insurance Advisor

Cancer care insurance is a policy that is highly fruitful to invest in for everyone. Cancer is one disease that can quite often catch you off guard, there is no knowing who, when and why someone might get inflicted with this deadly disease. The numerous procedures and treatment that go into that go into curing this disease can be very expensive and can easily drain you and your family of your savings. In such a situation, a cancer insurance plan will save you a lot of financial trouble.

Buying a Heart and Cancer Care Insurance Plan may seem like an added expense, especially when you are young and at the top of your game, but in the long run it might help you to preserve the finances of your family in a time when they need it the most.

If you still need a reason to convince yourself to by Cancer Care Insurance here are some that’ll help you make up your mind.

1. According to estimates of various global and domestic organisations, lifestyle related diseases like cancer, heart diseases and hypertension are on the rise in India.

2. The entire treatment process for cancer including surgeries, chemo and various other therapies can end up costing you well over a few lacs depending on the city and hospital you’re treated at. Cancer treatment can cost you anywhere between 2.5 lacs to 20 lacs in just six months. You need something to fall back on when the costs are this high and cancer care insurance plans will have your back during this time.

3. A heart and cancer insurance plan can be tailor made to meet the financial costs arising from the treatment require from one of these ailments. You can either choose one or both heart and cancer cover in your plan. The policyholder will receive lump sum payments throughout the various stages of his or her treatment.

4. Cancer care insurance also provides a life insurance cover to the policyholder. This cover pays the nominee a certain amount of money in case of the death of the policyholder. This is a good way to secure your family’s’ future in case of the unfortunate.

5. The right kind of insurance plan also gives your family relief from loan payments during the time of crisis. If the policyholder succumbs to his disease and has any loan payments pending after his demise, these policies will make sure that his/her family will not have to deal with them.