Does Critical Illness Cover really matter?

With medical advances people are more likely to survive critical illnesses but this means that more people are likely to take prolonged periods off work for treatment and recovery.

Latest statistics:

  • Every two minutes someone in the UK is diagnosed with cancer.
  • More than 1 in 3 people in the UK will develop some form of cancer during their lifetime.
  • Every year over 150,000 people in the UK have a stroke.
  • There were over 92,000 heart attacks in England between April 2010 and April 2011 and men are two to three times more likely to have a heart attack than women.
  • There are an estimated 100,000 people living with Multiple Sclerosis in the United Kingdom and it is twice as common in women, than men.

32% of all UK households have no savings set aside for an emergency.

If you were to suffer a critical illness, you could be faced with prolonged periods off work for treatment and recovery which could have a huge impact on your income. What could you rely on if the worst were to happen? Statistics also show the good news that more people are surviving critical illnesses. Survival estimates for those diagnosed with breast cancer have increased by more than 50% since 1971. The general trend of increasing survival continued for those diagnosed with cancer during 2006–2010. In February 2013 there were 2.48 million people of working age claiming Employment and Support Allowance and incapacity benefits.

However, recovering from a critical illness can take a long time and those who do survive often suffer both emotionally and financially. Critical Illness Cover can really make a difference if you are diagnosed with a serious illness. The statistics show the reality that it could happen to any of us at any time in our lives.

Financial piece of mind could really help you during such a difficult time. For a no obligation quotation, please call us on 01600 719195