When selecting a cancer insurance policy, consider the following factors:
- Coverage Scope: Ensure the policy covers the types of cancer and treatments you are most concerned about. - Premiums: Compare the premium costs and assess their affordability. - Exclusions: Be aware of any exclusions or limitations in the policy. - Waiting Period: Determine the waiting period before the coverage begins. - Payout Options: Check if the policy offers lump-sum payouts or reimbursement for expenses. - Policy Renewal: Understand the terms for renewing the policy as you age.