News & Information

So, what if you pay critical illness insurance premiums or cancer insurance premiums for 20 years, and never get sick?

That would be ideal, of course – but what about all that “wasted” money?

Fortunately, your premium money doesn’t have to disappear forever. The “Return of Premium” (ROP) is a unique rider (optional policy feature) that allows you to get a refund for ALL your insurance premiums if you haven’t been diagnosed with a covered condition during a specified period. (Different supplemental insurance providers may have varying ROP availability and specifications.)

The Return of Premium rider is a unique reason why it makes sense to purchase cancer insurance or critical illness insurance. CancerPlans.com provides a convenient online platform that allows you to quote, compare and apply for the supplemental insurance policy that fits you best.

The specified “Return on Premium” period varies with insurance providers, but it’s usually about 20 years. If you purchase the ROP rider, you can relax, knowing that your financial future is secure if you are diagnosed with a covered condition…and that if you stay healthy, at the end of the specified period, you’ll get all your premium money back!

It’s a win-win situation.

(1) http://www.humana-one.com/supplemental-insurance/critical-illness/sickness-questions.asp