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Why is Opting for a Cancer Insurance Plan Critical For Women?

  7/1/23 4:51 AM

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Cancer Insurance – A Priority for every Woman

Here’s a short poem dedicated to the women of our nation. Edelweiss Tokio Life aspires to spread the importance of a cancer insurance cover plan, especially for women.

To all the women out there;
You ignored the cough because you were busy with your chores,
Let your arm stay numb as you still complete your office presentations,
Cook in spite of your aching hand,
Help your children study even when you are down with fever,
Manage to ignore the headache as you need to attend a meeting,
Overcoming all these ailments could be possible,
But are you prepared to financially overcome a life-threatening disease?
Responsibilities are a priority but taking up the responsibility for your health should be your first priority!

Indeed, lifestyle diseases are on the rise, thus increasing the need for a critical illness insurance. Insurance plans for women have become a necessity today. It is because health conditions such as the following have become very common in women:

  • Coronary heart disease
  • Diabetes
  • Cancer

The statistics that indicate the rise of critical illnesses are alarming, especially when it comes to women. Below are a few shocking facts why cancer insurance plans are in demand these days:

  • Cervical cancer affects 1 woman every 8 minutes.
  • Breast cancer is now the most common cancer among women in India. It accounts for 27% of all cancers among women.
  • Cervical, breast, ovarian and uterine cancers account for more than 70% of the cancer cases in Indian women.

Some of the leading factors that contribute to the rise of lifestyle-related ailments are:

  • Hectic schedules
  • Highly stressful environment
  • Poor diet
  • Non-exercising habits

Reason for a Cancer Insurance Plan – Large Treatment Expenditure

Although cancer cases have been rising rampantly in our country, survival rates have improved significantly. We owe this to advancements in healthcare industry and innovation in medicine.

While it’s true that cancer is a serious health issue, what most people tend to ignore is that it also has a huge financial impact. The average cost for cancer treatment may not be affordable by many. Even if it would be affordable, the treatment will ensure that it eats a share of your savings.

Let’s look at the estimated cost of cancer treatment…

Depending on the stage and treatment options for the cancer diagnosed, below are the approximate figures:

  • Cost: Rs. 2.5 lakhs to 20 lakhs
  • Time: Six months

The heavy treatment cost of cancer affects not just the patient, but also the family members. It could not only exhaust your savings, but also affect your income earning capacity.

If you are a working woman, you would intend your income to contribute fairly to the family’s overall income. Thus, it means that you work to provide your family a better lifestyle.

However, if you are diagnosed with a critical illness like cancer, then in all probabilities, you will opt for a sabbatical. A sabbatical could help you in your treatment and recovery.

During this interim, would you want your family to compromise on their lifestyle or financial goals; just because of the absence of your income?

Your Healthcare Regime Needs a Cancer Insurance Plan

Ask yourself – is taking care of your health enough? Yes, you need to embrace your beautiful life by:

  • Following a healthy lifestyle
  • Maintaining a proper diet
  • Exercising regularly
  • Going for regular screenings

Cancer may affect many individuals, but proper treatment at the right time can help you fight it. You can emerge as a winner in your battle against cancer. As a woman, you are the pillar of your family. You not only fulfill your responsibilities, but also walk a mile extra to see your family smile.

However, apart from your healthcare regime, you should also be financially prepared against a critical illness like cancer, with a cancer cover. It is time to realize that none of us have achieved guaranteed immunity from critical illnesses in the present scenario.

A disease like cancer shouldn’t impact you or your loved ones. Indeed, you can defeat the financial crisis caused by this disease with ease. All you need is the right financial shield.

Dear woman, you need a cancer insurance plan that covers both early and major stages of cancer. Reward yourself with a cancer cover plan that can protect you against this life-threatening disease.

Benefits of a Critical Illness Insurance, such as that of Cancer

Ideally, your cancer insurance policy will provide you with a lump sum on diagnosis of the disease itself. Now, this means you don’t need to worry about your hospitalization or medical bills.

This lump-sum amount provided through your cancer insurance can help you deal with:

  • Hospitalization expenses
  • Advanced treatment options
  • Loss of income by acting as an income replacement plan

A piece of advice for every woman:
You can only love and nurture people around you when you are healthy and secure. So, act before it’s too late. Be financially prepared against cancer by choosing the right cancer insurance plan.

 

Siddhant Dubey - Writer & Photographer

Siddhant works as a freelance content writer who is interested in a wide range of spheres from photography and personal finance to cooking. He is also an aspiring photographer striving to showcase life around him through his vision.

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