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Critical Illness costs the economy £15BN a year

Can you afford to risk it?

There are an esitmated 2.5 million people in the UK living with cancer, rising to 4 million by 2030; Coronary heart disease (CHD) is the UK's single biggest killer. Around 1.2 million people in the UK have survived a stroke.

If you became critically ill or suddenly passed away, what would you rather lose - your home or your mortgage?

Being diagnosed with a critical illness can be devastating news. It means that people often have to take time off work to recover, and this can have a heavy financial impact through loss of earnings, and the added worry of struggling to pay monthly bills like the mortgage.

A new survey3 shows that critical illness, including cancer, MS, strokes and coronary heart disease costs the UK economy over £15bn a year as people withdraw from the workplace.

Protection policies

Critical illnesses can have a major financial impact on a family’s lifestyle and even  their ability to stay in their own home. It’s at a time like this that critical illness insurance can play a positive role, providing much needed support for individuals and their families by paying out a lump sum to help cover important outgoings.

A payout from a policy can help in paying off the mortgage or provide funds for things like home alterations or extra nursing or medical care. This money can be the difference between keeping and losing your home, and maintaining your family’s lifestyle.

Life Cover Plans  - designed to help provide for your family in the event of your death during the term of the plan.

Critical Illness Plans - which help protect your assets and your family should you suffer a critical illness.

*Income protection plans -  to provide a monthly income if you're unable to work until you return to work or reach your pre-determined retirement date.

Whole life plans - which pay a guaranteed lump sum to your estate when you die.

Having cover in place means that the individual doesn’t have to worry about money and can focus on their recovery. Choosing the right protection plan can protect your family's lifestyle and their future.

3Legal & General, Nov 2018