Serious Illness

PROTECTION: Serious Illness
You are 4 times more likely to suffer form a serious illness before age 65 than to die. Serious Illness/Critical Illness protection is designed to provide a tax free lump sum in the event of being diagnosed with a serious illness as defined in the policy conditions. These include cancer, heart attack, coronary artery disease surgery, stroke and kidney failure.

You could survive:

Of a group of 20-40 year olds just diagnosed as having cancer, over 50% of men and 65% of women will be alive 5 years later.

Of a group of 45-65 year olds suffering a heart attack, 80% will survive. 50% will still be alive 10 years later.

Of a group of men and women suffering a stroke, nearly 70% will be alive 12 months later.

You could face severe financial hardship:

Could you survive on state invalidity pension.

You could have to be looked after, can you afford it. Home care costs or the cost of a nursing home needs to be considered.

You could need surgery. Coronary Artery surgery in a private hospital would typically cost €17,000-€20,000.

Figures below, released by Canada Life show a sample of Serious claims made be in the period 1 January 2003 to 6 September 2004.

First picture gives a breakdown of claims by Illness. The second gives a breadown of claims by Age:
-

Hastings Financial Services Ltd. is regulated by the Financial Regulator as an Authorised Advisor and as a Mortgage Intermediary.
Web Design by Drew Web Designs©