What is Cancer Insurance?
Cancer insurance pays a lump sum when cancer is diagnosed — no need to wait for treatment. Use the money however you want. Premiums are very low relative to coverage.
How Does Cancer Insurance Work?
💡 Lump Sum Type
Cancer diagnosed → receive full lump sum immediately (e.g. 1M THB). Spend however you want.
🏥 Indemnity Type
Pays actual treatment costs — chemo, radiation, surgery — up to the coverage limit. Like health insurance but cancer-only.
Recommendation: Lump Sum is more popular — gives you freedom to use the money, and premiums are lower.
What Cancers Are Covered?
✓ Covered
- All cancer stagesEarly stage partial / invasive full payout
- All organsLung, liver, breast, colon, stomach, etc.
- Leukemia
- Lymphoma
✕ Not Covered
- Pre-existing cancer
- Certain skin cancerse.g. Basal Cell Carcinoma
- Non-cancer diseases
- HIV-related cancers
How Much Does Cancer Insurance Cost?
Price range for 1M THB Lump Sum coverage
| Age | Premium (THB/yr) |
|---|---|
| 18–30 | 300–800 |
| 31–40 | 600–1,500 |
| 41–50 | 1,200–3,500 |
| 51–60 | 3,000–8,000 |
| 61–65 | 6,000–15,000 |
Key point: Cancer insurance has the lowest premiums of all personal insurance. Age 30 pays just 600 THB/year (50 THB/month) for 1M coverage.
Pros and Things to Know
✓ Pros
- Very low premiums — Hundreds THB/year
- Immediate lump sum — No waiting for treatment claims
- Easy application, no health check
- Use money however you want
⚠ Things to Know
- 90-day waiting period
- Cancer only — No other diseases
- Early stage partial payout — Usually 10-25%
- Not a health insurance replacement
Cancer vs Health Insurance
| Compare | 🎗️ Cancer | 🏥 Health |
|---|---|---|
| Coverage | Cancer only | All diseases + accidents |
| Premium (age 30) | 600–1,500 | 7,000–18,000 |
| Payout | Lump sum | Actual treatment |
| Recommendation | Supplement to health | Should be primary |
Advice: Cancer insurance doesn't replace health insurance — it's a very cheap supplement. Have both.
How to Save on Cancer Insurance
- 1. Buy young — Age 25 premiums only 300-500 THB/year
- 2. Choose Lump Sum — Cheaper than Indemnity type
- 3. Pay annually — Save 2-5%
- 4. Buy through broker — Same price, see all plans at once
- 5. Compare annually — New insurers enter the market regularly
How to Apply & Claim
📋 Application Steps
- Compare plans — choose coverage and type
- Answer health questions (no checkup)
- Pay premium — card/transfer/QR
- Receive policy via email
✅ Claim Steps
- Cancer diagnosed — doctor issues certificate
- Submit docs — medical cert, biopsy, policy
- Insurer reviews 15-30 days
- Receive lump sum to your account
FAQ
How is cancer insurance different from health insurance?
Cancer insurance covers cancer only with lump-sum payout at low premiums. Health insurance covers all diseases with actual treatment costs at higher premiums. Have both.
Health checkup needed?
Usually no — just health questions. If no cancer history, apply online instantly.
How long is the waiting period?
Usually 90 days from policy start. Cancer diagnosed during this period won't be covered.
Family cancer history — can I buy?
Usually yes, but disclose truthfully. Some insurers may increase premiums or add special conditions.
Early stage payout?
Early stage (CIS) usually 10-25% of coverage. Invasive stage gets full 100%.
