One for the guys

Men, did you know that you are more likely to be diagnosed with cancer rather than suffer a heart attack or stroke?  And did you know that prostate cancer is the most common form of cancer in men?

According to Cancer Research statistics in 2011 41,736 men were diagnosed with prostate cancer with 10,837 deaths in 2012.  http://www.cancerresearchuk.org/cancer-info/cancerstats/types/prostate/

Advances in treatments and early diagnoses has led to higher survival rates with 84% of men diagnosed between 2010-2011 predicted to survive for 10 years or more but what if the worse should happen?  Does your life insurance cover early diagnoses and low-grade cancers?

More and more frequently life insurance companies are recognising the importance of early diagnoses and tweaking their policies to reflect this and make themselves stand out.  A good example is Bright Grey who have just announced an adjustment to their critical illness policy to include low grade prostate cancer.

They have decided that they will pay out 20% of your cover (up to £15,000) should you be diagnosed with a specified stage of prostate cancer.  If later, things progress for the worse and you meet their full critical illness definition, they will then pay out the full amount of your cover.

If you would like to discuss life insurance in more detail, call one of our Advisers on 01636 870 069.