About Cancer Insurance
Allstate Benefits Cancer Insurance pays cash benefits after a diagnosis of cancer or one of 29 other specified diseases. The benefit can help reduce financial stress during a difficult time and allow everyone to focus on treatment and recovery.
How Cancer Insurance Works
Cancer Insurance benefits are paid for hospital stays, radiation, chemotherapy, surgery, medications, prosthesis and other associated treatments. People with this coverage submit claims after diagnosis and/or treatment and benefits are paid for approved diagnoses and procedures based on a pre-determined schedule of benefits. Some plans may include additional treatment benefits, and an annual wellness benefit for completing routine screenings. Plus, through a relationship with the American Cancer Society, we offer resources and support to our insureds who have been diagnosed with cancer.
Features and benefits
- Coverage provides benefits for hospital confinement, radiation/chemotherapy, surgery, and other procedures and items related to cancer treatment
- Additional benefits may include coverage for initial diagnosis of cancer, intensive care treatment, and a wellness benefit
- Individual and family coverage available
- Coverage may be portable, meaning insured persons may be able to take their coverage with them if they leave their employer
- Specialized resources and support for our insureds diagnosed with cancer
Meet Joe
Prior to his annual physical, Joe has a PSA test. At his appointment, his doctor expresses concern with the results and sends him for additional testing. Those results lead to a diagnosis of prostate cancer and a referral for surgery. Joe travels 400 miles from his home for pre-op testing and surgery. After returning home, Joe is under his doctor's care for a two-month recovery period. Joe files a claim under his Allstate Benefits Cancer Insurance and receives payment for the initial wellness exam, the initial cancer diagnosis, his hospital stay, surgery, anesthesia, and inpatient medication. He even receives benefits for his travel expenses. Altogether, Joe's benefit payment is enough to pay for his medical deductible with some left over for daily living expenses.
