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. Most companies allow cancer survivors to enroll in a plan as long as they have been certified cancer free for between 5-10 years.