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This type of assistance is also known as a prostate cancer-specific financial grant.

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There are a multitude of organizations that offer free money to cancer patients, including the American cancer society. Prostate Cancer-Specific Financial Grants Through our hassle-free application process, American Life Fund will help you get an immediate cash offer for your insurance policy. For us, the most important thing is alleviating the financial burden associated with cancer care, reducing stress, and enabling you to spend more time on the things that matter. If you’re considering selling your life insurance policy, American Life Fund is here to help. The life settlement company takes over by paying the monthly insurance policy premiums, and receives the death benefit after the seller’s passing. Patients with life insurance policies can enter agreements with third-party buyers to sell their life insurance policy in return for a lump-sum payment (more than the cash value of the life insurance policy, but less than the death benefit). How it works: Unlike life settlements, viatical settlements are designed for life insurance policyholders with life-threatening illnesses, reduced life expectancies, or chronic health issues. In some cases, individuals can receive 70% of their life insurance policy in as little as 2 weeks with a viatical settlement! As the settlement holder, the freedom and the choice is uniquely yours! Not only can you pay towards your medical expenses, but also towards the cost of living expenses, or even a luxurious vacation with your loved ones. With a viatical settlement, the funds are tax-free and non-regulated, meaning YOU decide how they are spent. However, what most people don’t know is that a life insurance policy is considered an asset that you own, meaning insurance policyholders can sell their life insurance for a lump-sum cash payment, also known as a viatical settlement.

In the United States, even with government programs such as Medicare and Medicaid, you may still face significant out-of-pocket expenses. Your Life Insurance Policy pays YOU (through a Viatical Settlement)Īnyone struggling with a severe medical condition knows that health insurance doesn’t cover all costs. Here are 6 of the best financial resources for patients to get free money and financial assistance. We at American Life Fund regularly work with patients to help them financially, which is why we put together this comprehensive list of financial assistance and free money available to patients. Luckily prostate cancer financial assistance exist! That said, even with insurance, many men are struggling to afford the treatment costs associated with prostate cancer. However, the cost of treatment isn’t cheap, with some individuals paying several thousand dollars per month. Timely treatment can therefore be a literal lifesaver for the thousands of men suffering from prostate cancer. The good news is, when caught and effectively treated in a timely manner, it is unlikely to lead to death.

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During his lifetime, 1 in every 8 men will develop prostate cancer-making it the most prevalent cancer among men, second only to skin cancer.

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