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How to plan financially for unexpected health issues like cancer

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Blank health insurance forms with black premium pen and stethoscope. Medical information survey of insurance companies and agencies. Vintage and sepia photograph.

Among those with health and/or critical illness insurance policies, only 5 per cent were very confident that their policies would fully cover the cost of treatment in the future, while 29 per cent were not confident at all..

PHOTO: ISTOCKPHOTO

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SINGAPORE - Many here are not well-prepared financially to cope with cancer if and when it strikes, a study has found.

About four in 10 of those polled said they would not be financially prepared to manage the costs of cancer treatment.

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