Lump-sum benefits designed to help manage the financial impact of serious health events.
Cancer and critical illness insurance provide lump-sum cash benefits when a qualifying diagnosis occurs, such as cancer, heart attack, stroke, or other serious conditions depending on the policy.
These plans are designed to complement existing health coverage. While medical insurance helps cover treatment costs, a lump-sum benefit can be used for a wide range of expenses, including deductibles, travel, lost income, or everyday living needs during recovery.
For agents, these products offer a practical way to help clients strengthen their overall financial protection strategy.
New Horizons works with a range of carriers offering cancer and critical illness products. Availability and product design vary by state and carrier.
Cancer and critical illness plans typically pay a lump-sum benefit directly to the insured upon diagnosis of a covered condition.
Key characteristics often include:
Because benefits are paid directly to the client, these plans can help cover both medical and non-medical costs that arise during treatment and recovery.
Cancer and critical illness coverage is often considered in situations where clients want additional financial protection beyond traditional health insurance.
Common scenarios include:
These products are not a replacement for health insurance, but they can play a supporting role in a broader protection strategy.
When discussing cancer and critical illness products, clarity and expectations are important.
Key points to communicate:
Helping clients understand how these plans fit alongside their existing coverage leads to more informed decisions and stronger long-term relationships.
Agents working with New Horizons have access to tools and support for quoting and enrolling cancer and critical illness products.
Depending on the carrier, you may be able to:
Your uplines and support team are available to help with product selection, positioning, and case-specific questions.
Whether you're adding cancer and critical illness products to your portfolio or expanding with additional carriers, New Horizons provides the relationships and support to help you move forward with confidence.
