Cancer Insurance vs Medical Insurance
It’s true that more insurance doesn’t always mean better, but that doesn’t mean a medical insurance policy is enough for all situations. Before considering whether to purchase cancer insurance, it’s worth understanding the difference between cancer medical insurance and other insurance products with Bowtie.
Difference between Cancer Medical Insurance VS general Medical Insurance
|Cancer Medical Insurance
|General Medical Insurance
|Usually has a 90-day waiting period, during which any symptoms or diagnosis of cancer will not be covered.
|Most plans have a waiting period
|No waiting period, coverage starts immediately after policy is in effect
|Cancer diagnosis and testing, hospitalization and outpatient cancer treatment, etc.
|Hospitalization for all injuries or illnesses and outpatient surgery, etc.
|Reimbursement of actual medical expenses
|Limited by each illness or a lifetime limit may be set.
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