5 Reasons You Should Consider Cancer Insurance This Cancer Awareness Day

Every year, National Cancer Awareness Day is observed on 7th November in India to spread awareness about early detection, prevention, and treatment of cancer. While awareness about lifestyle changes and screening has grown, one crucial aspect still gets overlooked & that is financial preparedness.

A cancer diagnosis not only impacts physical and emotional health but can also drain savings and disrupt family finances. That’s where cancer insurance steps in, offering a safety net when you need it most.

Understanding the Financial Reality of Cancer in India

Cancer care in India can be expensive. From diagnosis to treatment, the costs can quickly escalate depending on the stage and type of cancer.

Average cost of treatment: ₹10–₹25 lakh for advanced cases.
Ongoing medical care: Regular chemotherapy, radiotherapy, and follow-ups can stretch for months or even years.
Indirect costs: Loss of income during treatment and emotional toll on families.

In such situations, a cancer health insurance policy helps cover the high medical costs, ensuring patients can focus on recovery rather than worrying about bills.

What is Cancer Insurance and How it Works

A cancer cover policy is a specialised insurance plan designed to provide financial protection against the diagnosis and treatment of cancer.

It typically includes:

Lump-sum payout on cancer detection (at early or major stages).
Coverage for all cancer types (except minor skin cancers in most policies).
Hospitalisation and treatment cost support.
No claim bonus and premium waivers (depending on the plan).

Cancer insurance works as a supplement to your existing health insurance, ensuring you don’t exhaust your savings or disrupt long-term goals in case of an emergency.

5 Reasons You Should Consider Cancer Insurance This Cancer Awareness Day

1. Rising Cancer Cases in India

According to the Indian Council of Medical Research (ICMR), India records over 14 lakh new cancer cases every year, with breast, cervical, lung, and oral cancers being the most common. Early financial planning with cancer insurance can make a life-changing difference.

2. Soaring Treatment Costs

Cancer treatment is a long-term process that includes surgery, radiation, medication, and post-care therapy. A cancer care insurance plan cushions you from these high expenses, covering treatments and ensuring your savings stay intact.

3. Coverage Across All Stages

Whether detected early or in advanced stages, most cancer insurance plans in India provide stage-wise payouts, ensuring continuous financial support throughout treatment.

4. Protection Beyond Hospital Bills

A digital cancer policy doesn’t just cover hospitalisation, it can also support income loss, travel for treatment, and post-recovery expenses. This all-round protection ensures peace of mind for both patients and families.

5. Affordable Premiums for Long-Term Security

The cost of a cancer cover policy is minimal compared to the potential expenses of treatment. For just a few hundred rupees annually, you can secure coverage up to several lakhs, making it one of the smartest investments for health security.

FatakSecure Cancer Protect – Simple, Safe, Smart

At FatakPay, we understand that financial wellness includes health security too.

That’s why we created FatakSecure Cancer Protect, a digital-first cancer insurance plan that empowers individuals and families with easy, affordable coverage.

Here’s what makes it stand out:
✅ Comprehensive cancer coverage across early and major stages.
✅ Affordable annual premium starting at ₹299/year.
✅ Instant digital purchase through the FatakPay app.
✅ Hassle-free claim process with trusted partners.
✅ Additional benefits: Hospitalisation, commute, and education support for dependents.

Protect your future. Secure your family. Stay financially strong, always.

Learn more and get covered today: FatakSecure Cancer Protect

FAQs

1. Who should buy cancer insurance?
Anyone above 18 years can benefit, especially if there’s a family history of cancer or if you want to safeguard your finances against unexpected medical costs.

2. Does cancer insurance cover all types of cancer?
Most policies cover all major types, except minor skin cancers. FatakSecure offers extensive coverage across multiple stages.

3. Can I buy cancer insurance if I already have health insurance?
Yes, cancer insurance is a supplemental plan, it adds an extra layer of financial protection specifically for cancer-related treatments.

4. How much coverage should I opt for?
Ideally, a cover of at least ₹10–₹15 lakh is recommended, depending on your lifestyle, location, and family medical history.

5. Can I buy FatakSecure Cancer Protect online?
Absolutely! The entire process is digital, from application to policy issuance, you can do it in minutes on the FatakPay app.