How to Fund Your Cancer Treatment without a Loan
Cancer is not only a dangerous disease but it is also one of the most expensive diseases to treat. Cancer patients in most cases have to rely on insurance that in most cases do not support alternative cancer treatments; even the most effective alternative cancer treatments are not supported by these insurance covers. These insurance covers are often approved by state officials who in most cases are corrupt to the use of this money in other treatments that will not benefit them. Needless to mention some of the insurance covers that cancer patients have do not settle the entire treatment cost but just settles a percentage of the entire cost leaving the cancer patient with another burden of looking for other financial sources to complete the treatment.
The financial crisis is something cancer patients are familiar with, patients face financial problems at different times in the course of the treatment. Some will need to look for the funds even before beginning the treatment, some will be broke in the middle of the training while some will lack money to take them through the remission period. Conventional cancer treatment methods are even the most expensive and an assumption that the United States has enough resources that can enable the citizens to treat cancer without financial problem is a lie. Americans just like any other cancer patient in the third world country feels the pinch when it comes to cancer treatment.
Financial crisis has caused many cancer patients to lose their lives as they were not able to complete the treatment. This is a problem that is still with us as the medical insurance is not helping the cancer patients in paying for the treatment and so the patients are forced to seek loans to help them pay for their treatment and this causes stress which is not good for cancer. This stress may affect the treatment.
However there is a financial product which can help the cancer patients to afford their treatment without taking a loan. In fact it allows the patient to access alternative cancer treatment that the insurance policy could not cover. This financial product was put in place to those people who were terminally ill not only from cancer but also other seriously expensive diseases to treat. Initially, this financial product was designed to help these people to enjoy there last days with a peace of mind. It was to allow them to quit their full time jobs and concentrate on other facets of their lives like having good time for the family, travelling and doing all other things that they could not afford to do before they die. However, this product can now be used by cancer patients to help them settle treatment bills.
Presents a better option to cancer patients.
In this option the patient’s whole life policy or term life policy or Group policy or FEGLI policy or Universal life policy and other types of life insurance policies that can be converted into whole life are sold to corporations with the highest bid. The corporations may buy the policy at a percentage of the whole life value at that time.
This allows the patient to obtain a given percentage of his whole life insurance policy in cash. He can then use this money to seek other alternative cancer treatments that are more effective than the conventional cancer treatments that the insurance could have paid for. Most people use this money for home treatment as they get quality time with their loved ones.
The patient will not have to sell all of his life insurance policies, he will only sell those policies that will give him enough money to spend on travel and treatment expenses. This money can help those patients who may have tried the conventional cancer treatments but did not succeed. It will help them settle bills for alternative cancer treatments. This money also give them a peace of mind, reduces their stress levels which is good for cancer recovery.
How to get the money
For the patient to benefit from this money, firstly his family will look for a broker who will be able to link them with the companies that buy the insurance policy. After the broker is contacted, he will look for the companies that can buy the insurance policy at the best price. He will let the family know of which company is ready to buy the policy at the highest price. The family will analyze the offer of the company, they are free to accept or decline the offer.
This money is very helpful as it allows the patient to heal faster. Most people do not always die from the effects of the disease but rather from the stress that is induced by the fact that they lack enough money to cater for their treatment.
After the family has obtained this money, the best thing to do is to seek an integrative cancer doctor who will be able to handle the patient well by incorporating all the treatment methods that can work better for the patient. This money is a valid alternative source of fund for cancer treatment especially for patients who could not afford it otherwise.
You need to learn on ways to prevent the disease. You need reliable information to help you do this. Contact Dr. Dalal Akoury (MD) for more information on health matters and be empowered to take good care of your life. Check her website for more information
How to Fund Your Cancer Treatment without a Loan
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