Critical Illness Insurance Policies - Cover & Quotes

Saturday, February 2, 2008

Statistics That Can Help You More Understand The Rate Of Incidence Of Certain Critical Illness Conditions

by Mike Armstrong

Critical illness insurance may have been designed long ago as a means to cope with the lack of health care systems in some countries. Since then, the development of critical illness cover has been considerable. More and more people may be seeking for critical illness cover as the product may have become widely known across the UK and worldwide. Insurance companies may nowadays provide cover for up to 30 critical illness conditions while others may restrict themselves to only seven. Competition over the insurance market may have pushed insurers towards the addition of many critical illnesses in certain policies. However the occurrence of critical illness still prevails.

Here are some facts and statistics about some critical illnesses during the past few years.

Cancer As per to the Breast Cancer Campaign 2002, it can be said that 1 of every 9 women may contract a critical illness such as breast cancer. Furthermore, in the year 1997, around 38,000 women may have been diagnosed with this life threatening critical illness. Further analysis of the current situation may suggest that this rate could increase every passing year. Fortunately, improving medical techniques and treatments may have made it possible for around 60 percent of women to stay alive 5 years after an intervention for this critical illness.

The Office of National Statistics stated that in the year 2000, about 150,000 people may have passed away due to cancer. More precisely speaking, every 3 and a half minutes one person may die. This may then make of cancer one of the most lethal critical illness in the UK. Also, in the year 2000, the death of around 20,600 men and 13,000 women may have been caused by lung cancer than any other form of cancer.

Deafness According to RNID 2002, a total amount of around 8 million people may be deaf or hard of hearing. This result may show a critical illness in ascent. Out of these, approximately 673,000 people may be severely or profoundly deaf relying on lip-reading and requiring a text phone or video phone to communicate.

Kidney failure As per the UK Renal Registry 1998, at the end of the year 1998, around 31,000 people may have been more likely to suffer from a critical illness such as end-stage renal failure. As a result, about half of the patients could have been treated by transplant surgery while the remaining may have been treated with dialysis.

Multiple Sclerosis According to Multiple Sclerosis Society, 2002, this critical illness may have made around 85,000 patients in the UK. Furthermore, figures may show that each year about 2,500 new cases of multiple sclerosis are diagnosed. Additionally, it may be a saddening fact to find out that multiple sclerosis may be the most common neurological disorder among young adults. This critical illness may prevail among people usually aged between 20 to 40.

The rates at which these critical illnesses occur may be of much concern. You could imagine the possible financial catastrophe people could undergo should critical illness cover not exist. Thanks to critical illness cover payout, some income may be injected so that the person’s family may continue their usual trend of life.



About the Author
Critical illness insurance protects yourself or your family. For more information about critical illness insurance please visit www.unbeatablelifeandcriticalinsurance.co.uk.

Statistics That Can Help You More Understand The Rate Of Incidence Of Certain Critical Illness Conditions

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