Download - Combatting the Hidden Costs of Cancer
30%Increase since 2001
14%Increase since 2001
Transportation for medical
purposes
Additional heating
Helparound
the home
ACCOUNT NUMBER:
AMOUNT DUE FROM PATIENT:
ACCOUNT TOTAL:
GenRe
XXXX-XXX-XXXXX-XXXX-XXX
DATE:
IPIP CICI
IPIP IPIP IPIP
IPIP IPIP IPIP
Sources:Gen Re estimate based on statistics from the Office for National Statistics in England & Wales, 2001 & 2011.MacMillan Cancer Support, Cancer’s Hidden Price Tag, 2013. Department for Work & PensionsGen Re data.ABI, 2012.
© 2014 General Re Corporation
now aged 20 will be diagnosed with cancer during his or her working life.
... only a small percentage can be attributed to people living longer.
Women are twice as likely to be diagnosed with cancer as they are to die of any cause before reaching 65.
For men the figure is similar to that of death by any cause.
… This suggests that a cancer diagnosis is not a death sentence; most men and women survive into retirement age.
… The heaviest financial burden stems from being too unwell to work with no source of income replacement.
The average is
£570/month.
4 out of 5UK cancer patients incur additional costs.
A sum comparable to most people’s monthly mortgage payment.
To learn more about how we can help you ensure your clients are covered
when they need it most, contact us today.
A cancer diagnosis can bring considerable financial strain.Are your customers protected?
employed in the UK30MAround
Are your customers protected?Are your customers protected?
3.1Mhave an Income Protection policy.
4.6Mhave a Critical Illness policy.
have no long-term protection in place.2/3Over
1 in 10 men 1 in 7 women
... this shows insurance is a more reliable source of income replacement.
Only 1 in 12people successfully claim Employment Support Allowance because of cancer.
1 in 6successful IncomeProtection (IP) claims is cancer-related.