CANCER ENDURANCE BENEFITS
How much is the First Occurrence Benefit on the Cancer Endurance Policy?
$3,500.
How long is the waiting period on both the Cancer Endurance and Lump Sum Cancer Policies from the policy effective date?
30 days.
Liberty National offers three different coverage options on its cancer policies, including Individual Coverage. What are the other two?
Individual, Single-parent and family coverage.
According to the cancer statistic provided in your presentation, approximately how many people have a lifetime chance of developing cancer?
2 in 5 people in the United States, approximately 1 in 2 men and 1 in 3 women.
How much does the Cancer Endurance Plan pay per day for hospital confinement during the first 90 days?
$250 per day.
The Surgical Procedure Benefit pays up to how much on the Cancer Endurance Policy?
Up to $2,000 per surgical procedure.
What is the maximum issue age for the Cancer Endurance Policy?
69 years old.
What is the maximum Lump Sum Cancer coverage available in Georgia?
$30,000.
Is malignant melanoma covered under the Cancer Endurance and Lump Sum Cancer Policies?
Yes. Malignant melanoma is covered under both policies.
After 90 days of continuous hospital confinement, how much does the Cancer Endurance Plan pay per day?
$600 per day, with no lifetime limit.
The Chemotherapy/Radiation Benefit on the Cancer Endurance Plan pays up to how much per day?
Up to $500 per day.
What is the maximum issue age for the Lump Sum Cancer Policy?
69 years old.
Are physical or medical examinations required to qualify for Cancer Endurance or Lump Sum Cancer Policies?
No, only health questions on the application.
To receive the Lump Sum Cancer payout, must the insured be hospitalized or receive cancer treatment?
No. Satisfactory pathological written proof of a qualifying first cancer diagnosis is required; hospitalization or treatment is not.
How much does the Cancer Endurance Plan pay annually for self-administered prescription chemotherapy drugs?
Up to $10,000 per year, with no lifetime limit.
The Blood Transfusion Benefit on the Cancer Endurance Plan pays up to how much per day?
Up to $500 per day.
Are tobacco users denied coverage or charged higher rates solely for tobacco use under the Cancer Endurance or Lump Sum Cancer Policies?
No
Does an individual lose their Cancer Endurance Policy once they go into remission?
No. Coverage is guaranteed renewable for life and cannot be canceled as long as premiums are paid on time.
Is an individual or their family ineligible for Lump Sum Cancer coverage if cancer runs in their family?
No. Family history and heredity are not considered when determining eligibility under the Lump Sum Cancer Policy.
How much does the Cancer Endurance Plan pay for disability income replacement, and what is the maximum benefit period?
$100 per week for up to 26 weeks.
New and experimental cancer treatments are covered as long as they are approved by which two entities?
The American Medical Association (AMA) and the Food and Drug Administration (FDA).
In Georgia, can an individual qualify for cancer coverage if they have previously been diagnosed with cancer?
Yes, if they have been cancer-free for 10 or more years.
Can an individual purchase a Liberty National cancer policy if they already have cancer coverage through another company?
Yes. Liberty National's cancer policies pay in addition to existing insurance coverage.
How many qualifying transportation trips can the Cancer Endurance Plan cover during a consecutive 12-month period when specialized treatment is unavailable locally?
A maximum of 6 trips. Personal-vehicle mileage benefits require a destination more than 100 miles away one way and other policy conditions.
What happens if an insured develops cancer during the Cancer Endurance Plan's initial 30-day waiting period?
Coverage for that cancer applies only to eligible expenses incurred after two years from the policy's effective date.