Can you insure yourself for called Cancer?

Once the initial shock of being diagnosed with cancer wears off, it’s time to fight the disease full on, without worries of work or money. Cancer insurance allows you to do just that while ensuring you and your family remain financially secure.

The Importance of Cancer Insurance

In New Zealand, the most common serious illness is cancer. According to Ministry of Health statistics, there are 57 new cancer cases every day in New Zealand. Even young people are not spared from this devastating disease, with leukemia the most common type of cancer in those 21 years old and younger.

Without a doubt, a cancer diagnosis can put a strain on your daily life and finances, which is why having cancer insurance can help relieve some of those stresses.

How Cancer Insurance Can Help

With cancer insurance, you receive a lump sum of money that you can use as you see fit. For example, you can choose to use the money to help your physical recovery. Cancer insurance payouts can supplement medical treatments not paid completely by your health insurance or pay for alternative treatments not covered by health insurance.

You can also use the lump sum payment to reduce your hours at work or take time away from work completely while you rest and recover. Or you may decide to use the money to supplement the income of a spouse or other family member so they can take time off from work to help you. Cancer insurance also comes in handy to pay costs associated with cancer treatment, such as traveling expenses and childcare.

Cancer insurance benefits are also designed to keep you financially secure. The lump sum payment can be used to pay the mortgage, credit card bills, or other household expenses so you don’t get behind on your financial obligations. The extra money also will help you meet expenses if your income decreases while you are out of work recovering from cancer.

Added Benefits

Cancer insurance serves as a supplement to life and health insurance and offers benefits specific to cancer treatment and recovery. Since cancer cover benefits differ among insurance companies, it’s best to get a coverage comparison and rate quotes. These free, no obligation comparisons allow you to compare policies and premiums and select one that best fits your budget.


Gain peace of mind knowing you are well protected if you ever have to face a cancer diagnosis. Cancer insurance gives you the resources and support you need so you don’t have to go through treatment and recovery alone.

If you would like to talk with someone that can give you advice on the type of cover to use then you can search for an adviser based on your age, amount of cover and location.


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