Here’s Why Having Cancer Insurance Is So Important In Today’s Times
Cancer as a disease is on the rise, across the world including Singapore. According to studies from the Singapore Cancer Society, between 2014 to 2018, an average of 41 people got diagnosed with cancer each day . Those numbers are high and serve to reflect the seriousness of the situation at hand. Though modern medical advancements allow for successful treatment in a lot of cases, one needs to first have access to adequate finance. The total cost for the diagnosis and treatment of cancer can drain out a person’s savings. To prevent financial ruin that sometimes accompanies ill health, it is important to have cancer insurance . How does cancer insurance protect you? A cancer insurance plan offers you coverage for all stages of cancer. Insurers are known to give their policyholders 100% payout of the sum assured for all stages of cancer. The sum assured can start at around S$10,000 and go much higher. Some of the best cancer insurance plans cover you for a sum assured as high ...