Critical Illness Cover – Half of UK Population Will Get Cancer

Increase in Cancer Risk

Recent figures by Macmillan Cancer Support project that by 2020 almost half of the UK population ‘will get cancer in their lifetime’ putting even further pressure on the NHS. The projected figure of 47% (by 2020) is a significant increase from the currently concerning 44% of today’s population who are likely to get cancer at some point in their life.

This is a staggering increase from earlier years. In stark contrast, back in 1992 the number of those expected to get Cancer at some point in their life was just 32% in comparison to today’s figures (BBC News, 2013).

Challenge for the NHS

One of the major reasons for these startling figures is the fact that people are living longer. Nonetheless, Ciaran Devane, Chief Executive at Macmillan Cancer Support, states that these worrying projections are going to cause a ‘herculean challenge for the NHS’. With an already growing waiting list and lack of resources, many people are taking out Critical Illness Cover to protect themselves for the future.

Critical Illness Cover

Critical Illness insurance cover is designed to alleviate the financial burdens if you become seriously ill. In essence, Critical Illness cover pays benefits in the form of a lump sum upon the diagnosis of certain specified critical illnesses (click here for more information on the list of illnesses covered).

The Benefits of Critical Illness Cover

There are a number of advantages in taking out Critical Illness cover. In most cases the costs of a critical illness far outweigh medical expenses. For instance, in severe circumstances, the pain and suffering incurred by critical illnesses prevent individuals from being able to work or earn money. Subsequently, with Critical Illness cover, upon diagnosis of a critical illness, the policy will pay out a lump sum to the policy holder.

As a result, Critical illness cover can help pay off a mortgage or provide a welcome financial bonus at a time of extreme emotional hardship. Critical Illness cover also gives you peace of mind to protect yourself against the sever consequences of future illnesses as well as an opportunity to lessen financial pressure whilst you recuperate from your illness before returning to work.

Free Expert Advice

Our expert customer advisers provide you with free FSA regulated advice on which Critical Illness cover is best for your needs. With cover for up to 161 critical illnesses from Defaqto 5 star rated insurers; you can be sure to be in safe hands with Permanent Alliance.

Contact Us

Get in touch with one of our experienced customer advisers in order to receive expert free advice on which type of Critical Illness Cover is best for your circumstances. We will search the whole market to help you find the very best deal for Critical Illness Cover. Call us on: 023 8021 3401.

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Simply complete the form below to receive a personalised quote for Critical Illness Cover.

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