A cancer insurance policy is a supplemental insurance plan designed to help cover the financial impact of a cancer diagnosis. It pays benefits directly to the insured person, helping offset expenses that health insurance may not fully cover.  

--"A cancer policy is not designed to replace your health insurance. It is designed to protect your finances by providing cash benefits when you need them most. While health insurance helps pay doctors and hospitals, a cancer policy helps pay for life's unexpected expenses during a cancer diagnosis."

This makes cancer insurance a valuable tool for protecting retirement income, savings, and peace of mind.