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A Cancer Insurance policy is designed to fill the financial gaps when benefits stop being paid or expenses are not covered under a basic health insurance policy. Cancer Insurance can help pay for both medical and non-medical costs like co-pays, deductibles, lengthy hospital stays, diagnostics tests, treatments and procedures, child care, travel and lodging expenses, lost income and more.
It is meant to mitigate the costs of cancer treatment and provide policyholders with a degree of financial support.