Standard health insurance typically offers little or no choice in when and how you’re reimbursed for expenses you incur. Supplemental policies frequently offer a wider range of payment options. Depending on the policy you have in place, the specific situation you’re dealing with, and your preference, you can elect to receive your benefit as a lump sum or have it disbursed over time.

For example, if you’re recovering from a stroke, you may request that the entirety of your benefit is paid to you all at once, or elect for smaller payments as you go through recovery and therapy. Supplemental insurance is a great choice for you if you believe you’re at risk for needing it. If you have a family history of cancer, for example, it’s worth considering a cancer insurance coverage, since you likely have a higher risk of being diagnosed with cancer.