Frank P Bisarek, LUTCF Owner, Encore Insurance Group
Leukemia diagnosis Dec 2014
My Story and why I think everyone should have a consultation.
I was diagnosed with Leukemia in December of 2014, no prior family history, nothing to give me a clue and no reason to think it would happen to me.
Well it did! Thank the lord the my beautiful wife had me sit down and go over a cancer policy with her. You see I always spend so much time helping others with their insurance I tended to not keep up with my families.
Anyway, I a glad she insisted and then less than 2 years later I was diagnosed. Without the cancer policy I had we would have had a very difficult time during the first year of my treatment.
I still have a year left of treatment probably, but I did not really offer the product before this happened to me ad my family. Now my mission is to make sure everyone either has a Cancer or Critical Illness Policy.
What is Cancer Insurance?
Why choose Cash Cancer Plan? This cancer insurance plan offers several advantages:
Lump-sum cash payment - This policy provides a one-time payment upon the first diagnosis of invasive cancer or malignant melanoma. You or your designee can use the payment in any way – it doesn’t need to be used for cancer treatment.
Range of benefit amounts - Available benefit amounts generally range from $10,000 to $50,000. Benefits may vary by state and may not be approved in all states.
Choice of how long you pay the premium - Choose life pay or 20-year pay. For more information, see Plan Details.
Level premiums - Premiums for this cancer insurance policy don’t increase with age. See the Frequently Asked Questions for more details.
- Streamlined application - Just answer a few health questions. You don’t need to get a medical exam.
How Cash Cancer Plan works:
If someone on your policy – you or a covered member of your family – is diagnosed with a covered cancer, you’ll receive a cash payment to use however you want. For instance, use your cancer insurance payment to help with:
- An unexpected loss of income
- Travel to national cancer centers
- Trial or experimental treatments
Costs associated with diagnosis
Changing the way cancer care is paid for is a top priority for insurers and employers, with treatments costing the U.S. more than $127 billion each year. That is projected to grow 27 percent from 2010 to 2020 as the population ages, said epidemiologist Robin Yabroff at the National Cancer Institute.
Info provided by Humana
Help protect your family with critical illness insurance
A heart attack, stroke, cancer, or other serious illness often comes without warning. Are you financially prepared if it's you?
Why choose Critical Illness Cash Plan? This critical illness insurance plan could help protect you, your family, and your assets from unexpected expenses.
- Help with healthcare costs - Provides funds to help offset expenses incurred for a variety of critical illnesses. Plan pays in addition to any other insurance coverage you may already have in force.
- Choice of coverage amounts - Benefit amounts generally range from $5,000 to $50,000.
- Coverage for several critical illnesses - Coverage is available for conditions including but limited to heart attacks, stroke, and most forms of cancer. Find out more about covered illnesses.
How Critical Illness Cash Plan works
If you or a member of your family is diagnosed with a covered critical illness, this critical illness insurance plan will provide you or your designee with a cash payment to use however you want. For instance, use it to help with:
- Unexpected loss of income
- Out-of-pocket medical costs and travel for medical care
- Home healthcare and rehabilitation expenses
Here's an example of benefit payments for a Critical Illness Cash Plan with a $50,000 benefit level.
|Diagnosed Covered Conditions||Cash Payment|
|You have a heart attack||$50,000|
|You're later diagnosed with cancer||$50,000|
|You eventually need a transplant (does not include heart transplant)||$50,000|