Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Life Health > Health Insurance > Health Insurance

Niche Product Includes Health Advocacy Feature

Your article was successfully shared with the contacts you provided.

A unit of Conseco Inc. has introduced the Cancer Secure cancer insurance policy.

The policy, issued by Conseco Insurance Company, pays lump-sum benefits and can be offered to individuals ages 40 to 85, according to Conseco.

Conseco is using a simplified underwriting system and 2 plan options.

One plan design pays $10,000 to $50,000 in benefits to policyholders once the policyholders learn they have cancer.

The second design pays the lump-sum benefits and also pays a wellness benefit and extra benefits while a patient is in the hospital or receiving radiation treatment.

Both plans provide access to a 24-hour health advocate feature. The registered nurses who run the hotline can help patients with medical billing questions, resolve insurance claim concerns and make other arrangements associated with cancer treatment, Conseco says.


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.