Group Cancer Indemnity Lump Sum Policy

A lump sum cancer policy, also commonly referred to as a cancer indemnity policy, will usually pay out a single amount upon a positive diagnosis. Most policies offered start at $5,000 in coverage and can go as high as $100,000 in coverage. These types of policies are generally available for adults of all ages and usually require very few medical questions in order to qualify.[4] Most companies allow cancer survivors to enroll in a plan as long as they have been certified cancer free for between 5-10 years.