Me and my wife are in our 40s, and currently in good health. I get insurance through work, but it’s a high deductible plan. I have enough in my health savings account to cover the out of pocket maximum for a few years....
It depends on a lot of factors, but generally price and benefits. Some old cancer policies had no caps, which tended to lose insurers lots of money because health care costs have risen exponentially. Generally though, you’ll be paying a premium because the insurer acquired the risk. If you could absorb the loss without it, then in general it’s likely better to not purchase it.
(USA) Do supplemental cancer/critical illness policies make sense?
Me and my wife are in our 40s, and currently in good health. I get insurance through work, but it’s a high deductible plan. I have enough in my health savings account to cover the out of pocket maximum for a few years....