Premiums for cancer insurance can vary widely due to several factors:
Age: Older individuals typically face higher premiums because the risk of cancer increases with age. Gender: Some types of cancer, such as breast cancer, are more common in women, affecting their premiums differently compared to men. Medical History: A personal or family history of cancer can lead to higher premiums as it suggests a higher risk. Smoking Status: Smokers are at a higher risk of developing several types of cancer, leading to higher premiums. Coverage Amount: Plans with higher payout amounts will generally have higher premiums.
