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| Conseco has been selling those types of policies for years. Had a friend who bought a heart policy from them. He had it the 20 yrs & got his premium back. Took out another one & just a couple years later had a heart attack & it paid as stated. We have the cancer policy. We took it & the heart policy out because my wife's family has a history of heart problems & cancer and my family has a history of cancer problems. Wife just had her thyroid remove because of cancer. We're in the process of filing the neccesary paperwork. Should know before long if it works as well as my friend's did.
As I understand the policy. They pay x amount for different procedures and costs associated with the cancer. Payments are paid directly to the policy holder & is completely seperate of any other ins you might have.
No different than taking out a hail policy on my crops even though I carry multi-peril as well. I've collected a lot more from hail losses than I have on the multi-peril policy.
Edited by boog 8/29/2011 23:29
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Anyone have Conseco Cancer Insurance?
