Combined Insurance Encourages Consideration of Supplemental Cancer Protection Insurance in Response to Projected Rise in Cancer Case Reports

Business Wire

GLENVIEW, Ill.--(BUSINESS WIRE)--

According to a 2014 report by the American Society of Clinical Oncology, cancer will surpass heart disease to become the leading cause of death in the U.S. by 2030. The report, “The State of Cancer Care in America: 2014,” also projects the number of new cancer cases is expected to increase nearly 45 percent by 2030, from 1.6 million per year to 2.3 million per year.

Combined Insurance understands that cancer can strike anyone at any time regardless of lifestyle, yet too many people lack the cancer insurance coverage they need to help pay the unexpected costs associated with a cancer diagnosis. That’s why Combined Insurance, a leading provider of individual supplemental accident, disability, health and life insurance products, and an ACE Group company, wants to encourage people to assess their insurance needs and consider the value and protection provided by supplemental illness, critical care and disability insurance.

“While cancer survival rates have dramatically increased because of modern medical treatment, these treatments are expensive, and together with other related costs, can create a serious financial burden on an individual and a family,” said Jim Coleman, senior vice president and chief marketing officer for Combined Insurance. “And, according to the American Cancer Society, 67 percent of total cancer costs are non-medical. Will you be able to afford the best care available if cancer touches someone in your family?”

Combined Insurance's Cancer Care Protector is supplemental cancer insurance that can help fill some of the gaps and better protect individuals and their families when they need it most.

With Combined Insurance’s Cancer Care Protector, customers can choose either individual or family protection and coverage begins immediately upon policy issuance. Premiums are also flexible and there are no reductions in benefits no matter how old the policyholder is or the number of claims paid. In addition, benefits are paid directly to the policyholder or whomever he/she chooses.

“Benefits provided by our Cancer Protector can be used to help cover the non-medical expenses that still need to be covered during treatment,” added Coleman. “Even if the policyholder is covered by a major medical plan, an HMO, PPO, or basic hospital coverage, our cancer insurance coverage provides additional money when individuals or families need it most.”

Combined Insurance’s supplemental cancer insurance coverage could also make the difference for policyholders by providing specified benefits for:

  • Hospital stays
  • Intensive Care
  • Surgery and anesthesia
  • Radiation and chemotherapy
  • Preventative care
  • First diagnosis
  • Physician's hospital visits
  • Private nursing
  • Prescription drugs
  • Blood and plasma
  • Ground and air transportation

Selecting one of Combined Insurance’s affordable supplemental policies can greatly reduce the burden of unexpected costs associated with a medical crisis.

For more information on Combined Insurance supplemental insurance plans and to complete or download a copy of our comprehensive needs assessment form, please visit www.combinedinsurance.com.

About Combined Insurance

Combined Insurance is a leading provider of individual supplemental accident, disability, health and life insurance products and an ACE Group company. With a field sales force and corporate staff in excess of 5,000 people worldwide, Combined Insurance meets the growing coverage needs of policyholders around the globe. For more information, call 1-800-490-1322 or visit www.combinedinsurance.com.

About ACE

ACE Group is one of the world’s largest multiline property and casualty insurers. With operations in 54 countries, ACE provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. ACE Limited, the parent company of ACE Group, is listed on the New York Stock Exchange (ACE) and is a component of the S&P 500 index. Additional information can be found at: www.acegroup.com.

Contact:
Combined Insurance
Leslie Beyer
847-953-8266
Leslie.beyer@combined.com

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