The definition of Cancer Insurance, and how it fits into the Zenefits Health Insurance Marketplace
What is Cancer Insurance?
Cancer insurance is intended to be a supplemental insurance product that works in conjunction with your primary health insurance plan, which provides financial payment when a participant is diagnosed with cancer.
How does Cancer Insurance work?
Most cancer insurance policies pay out a lump sum benefit upon diagnosis. Some of them continue to pay for certain expenses, but others provide simply a one-time lump sum and then coverage ends.