Cancer Insurance is a special type of medical insurance that is developed for the purpose to help people who are suffering from this deadly disease. The policy designed for cancer suffering patients includes many costs that include hospital bills, chemotherapy, radiation, medicines, and surgery, etc. The money is payable during the multiple stages such as a minor, major and critical stage. One thing that needs to be understood in case of the cancer insurance policy is that it doesn't any benefits related to the death, maturity or the surrendering of the policy. Moreover, in order to be eligible for the cancer insurance policy, the person should not be suffering from pre-existing cancer. Also, the pre-diagnosed and previously treated patients are also ineligible for the policy of cancer insurance.