We live in such predictable times that it’s only prudent to save and plan for the future, to cushion ourselves from unforeseen circumstances.
Cancer claims the most lives around the world as it affects everyone, regardless of age, gender or social status. The most common type of cancer among children is blood cancer, while most women are prone to cervical and breast cancers. Men are most likely to battle prostate cancer.
The cost of cancer treatment is roughly $150000. The figures may vary depending on the type of cancer and its stage. An average of 2 million people are battling cancer while more than 10 million people have lost their lives to cancer.
Breast cancer reports the highest number of patients every year, especially in Kenya, accounting for 12.5% of cancers affecting Kenyans. These numbers are expected to continue rising if early detection and timely, quality medical attention is not accorded to patients.
The medical appeals in your group chats and all over social media are enough proof of the menace cancer has proven to be. Research has shown that a genetic change that increases the risk of cancer can be passed down (inherited) if it is present in a parent’s egg or sperm cells. Based on this finding, it is quite essential to get cancer insurance coverage.
Several insurance firms have different covers to cater for these needs. Some of these firms include; Britam, APA insurance, ICEA Lion, and Jubilee insurance among many others. It’s wise to revise the details of each cover before purchasing one, with these six reasons in mind;
- A saving plan
Paying a certain amount of premiums monthly or yearly for a given period is easily saving for a cause.
For example, the ICEA Lion cover has premiums as low as Shs 167 monthly. The cover is taken for a minimum of five years renewable annually. If diligently followed, the insured can save a handsome amount of money if, at the end of five years, they haven’t gotten sick.
- Save property loss
Unfortunately, most people that bear the heavy financial burden of treating cancer risk losing their properties and lifetime investments.
Families have always resorted to selling property to raise money for medication or taking out loans that oftentimes are rarely paid off regardless of whether the patient lives or dies.
A cancer cover cushions you and your family from the possibility of losing valuable property that might eventually lead to destitution.
- Secures your mind
Health is wealth.
It’s quite easy to fall into depression, mental exhaustion, stress or even anxiety about the trajectory that our lives are taking.
Insurance coverage against cancer is the certainty that in case of a double tragedy, the cover is available to help pay for anythiing of which is cancer-related.
Maintaining an abundant mindset while dealing with unforeseen medical circumstances is crucial to the success of the process.
- Could serve as an emergencies fund
These funds can easily be used to cushion you and your family against any other emegencies that you didn’t see coming.
Premiums paid for cancer insurance are refundable after a certain amount of time according to your plan.
In case the time lapses and you have another medical emergency; the cash could be a lifesaver.
- Avoid poverty/destitution
A cancer cover could save you from unexpected losses in efforts to raise funds for treatment. Benchmarking from the fact that for most of the families that have lost a loved one to cancer, desperation usually leads to them selling property or investments in order to meet basic family needs.
To save yourself and your family from the financial and emotional trauma, consider taking up a cover to cushion your family from such situations.
- Secure your future
Saving and planning sufficiently for your health is a confident way of looking at the future. It’s a sure way of securing your future.
Check out
Health: Challenges Faced By Cancer Patients And Their Families
Health: Why Access To Drugs Is Vital In The Fight Against Cancer
