Cancer Conditions that Cancer Plans Do Not Cover A Brief Guide

Cancer is a terrible illness that causes uncontrolled cell division and proliferation in the body. There are nearly 200 different forms of cancer. Lung Cancer is the most common kind of cancer in males, while breast cancer is women's most common type of cancer. As cancer is expanding at an alarming rate all over the world, it is one of the main causes of mortality on a global scale. This figure is expected to rise more in the future years. India is not immune to the rising cancer frequency.

Cancer treatment is quite expensive, whether it is the diagnosis, radiation treatment, chemo, or operation. The dreaded disease frequently results in financial devastation for the patient and his or her family. The bad news is that there is no way to get a new insurance policy with cancer as a pre-existing disease. That is what makes finding a health insurance policy for cancer sufferers such a difficult task.

Cancer cover plan pays the sum assured without regard to expenditures on cancer diagnosis, and coverage ends after the claim is paid. The payoff might be made in one single payment or over a defined number of years. Aditya Birla SunLife Insurance Company's ABSLI Cancer Shield is one of the top cancer insurance policies in the industry. Life insurance policies often offer benefit policies, whereas non-life insurance firms typically offer indemnity plans.

While it is prudent to obtain critical illness and health insurance policies for various conditions and hospitalisation, a specific cancer insurance plan should be obtained to reduce the costs associated with treatment for cancer.

Now, let’s have a brief idea about the Cancer Conditions that Cancer Plans do not cover.

Cancer Conditions that Cancer Plans do not cover
Cancer coverage has become a need in light of increased cancer occurrences and costly treatment costs. Including cancer insurance in your portfolio is a wise move. However, you should be aware of the insurance's exclusions. A cancer insurance plan does not insure certain cancer-like diseases. These six cancer conditions are as follows:

Carcinoma-in-situ
Non-invasive cancer and pre-invasive cancer are two terms for carcinoma in situ. The phrase "in situ" indicates "in its original location." A carcinoma-in-situ is a collection of cancerous cells that remain where they were produced. The cancer plan does not include such a disease.

Skin Cancer
Skin cancer is caused by the excessive growth of abnormal skin cells. When the body fails to repair DNA damage within skin cells, it allows the cells to expand uncontrolled. The majority of skin cancers are caused by excessive UV radiation contact.

Minor Lever Prostate Cancer
Male prostate cancer arises as a result of excessive proliferation in the gland cells of the prostate. Cancer insurance does not accept minor prostate cancer with a Gleason score of less than 6. Likewise, bladder microcarcinoma is not insured by cancer insurance.

Chronic Lymphocytic Leukemia
Chronic lymphocytic leukemia (CLL) is a kind of leukemia that affects the development of B cells. B lymphocytes produce antibodies to defend our bodies against infection and sickness. Lymphocytes in persons with CLL undergo a malignant transformation and become leukemic. Cancer insurance does not cover chronic lymphocytic leukemia that is less than RAI stage 3.

Papillary Micro Carcinoma of Thyroid
Thyroid carcinoma is the most frequent endocrine system malignancy. Thyroid papillary microcarcinoma is a subtype of thyroid papillary microcarcinoma that contains tumors with a diameter of less than 1 cm. In terms of cancer coverage, if the lump size of thyroid papillary microcarcinoma is smaller than 1 cm in diameter, the cancer insurance will not include it.

Tumor while having HIV Infection
All tumors developing in the condition of HIV infection are not covered by cancer insurance.

Why exclude these cancers?
Cancer insurances are often designed to provide comprehensive coverage for cancer. However, the illness is either not recognized in certain situations or has several variants to be established concretely.

Given that insurance is a communal product, it prevents any behavior that is neither useful nor detrimental to the community. Insurance operates on the premise that members in a community who are vulnerable to a specific risk of loss pool their resources to help those who might suffer. However, false or erroneous claims might result in one of two outcomes:

The fund will be depleted quicker than intended.
Everybody's payment amount will be increased for the coming year.

As a result, it is critical for insurers to guarantee that incorrect claims are neither handled nor settled from the sum of money in the interest of the greater community of contributors. As a result, all diseases excluded from cancer coverage are only those that are either too complicated or not obviously connected to cancer.

Aditya Birla Sun Life Insurance Cancer Shield Plan
Aditya Birla Sun Life Insurance Company Limited (ABSLI) is one of India's top life insurance businesses. The insurer provides a variety of products, including kid's future plans, asset insurance coverage, retirement and pension plans, health plans, classic term plans, and Unit Linked Insurance Plan(ULIP).

ABSLI Cancer Shield Plan is a standard non-participating health insurance plan that provides protection against all phases of cancer with the option of receiving monthly income for five policy years if a significant stage of cancer is diagnosed. This cancer shield plan offered by the ABSLI gives essential protective covers for policyholders suffering from early and advanced-stage cancer. In this case, those diagnosed with cancer at an early stage receive 30% of the promised value, while the remainder (70%) is paid to the later stage cancer policyholder. In addition, if the policyholder is diagnosed with the advanced phase of cancer, they can get 100 percent of the sum assured.

Conclusion
Understanding these exceptions will prevent you from making unpleasant discoveries during the claim process. Most crucially, the goal of purchasing cancer coverage is to first survive disease and then survive the financial effect. Therefore, first before the disaster occurs, make sure you have the correct cancer insurance coverage in place.

The most promising cancer treatment is to prevent it from occurring in the first place. Following good health, staying vigilant, and receiving an early discovery when the cancer is in its initial phases protects the patient from paying high treatment expenditures.