If you are diagnosed with a covered cancer, your policy pays you a single cash benefit in the amount you selected (in $5,000 increments, up to $75,000). The money is paid directly to you, not to doctors or hospitals, and you decide how to use it.

Yes. Cancer insurance is designed to work alongside any coverage. With Medicare Advantage, it can help cover your maximum out-of-pocket costs, which reset each year. With Medicare Supplement insurance, it helps with costs the Supplement does not cover, like Part D prescription drugs, travel, or lost income. If you are not on Medicare yet, it works with your current health insurance and follows you when you join Medicare.

No. Your cancer policy is independent of Medicare Advantage or Medigap. Whether you change plans or your Medicare coverage changes in the future, your cancer insurance stays the same.

Yes. Many people use the cash for things like: Deductibles, coinsurance, or prescriptions; Travel and lodging for treatment; Household bills or groceries; Replacing lost income. There are no restrictions and you do not need to submit receipts.

Your policy can be effective as soon as the next day once your application is approved. Most plans include a 30-day waiting period, so benefits are only payable if you are diagnosed with cancer after that period. After 30 days, you are fully covered, and your policy is guaranteed renewable for life as long as you keep paying premiums.

For most policies, malignant melanoma is covered. Other types of skin cancer (such as basal cell and squamous cell carcinoma) are excluded from coverage. As always, check your specific plan's documents!