Movember – Talking about Cancer…
st Nov 2017 |
With Movember here again, it feels appropriate to talk about cancer, although a sensitive subject that’s unfortunately touched most of our lives, it’s so important to address.
Movember originated in Australia back in 2003 and is now an independent global charity, raising vital funds and awareness for prostate and testicular cancer worldwide.
More and more of us these days are raising money to fight all types of cancer and the survival rates and treatments are constantly improving.
In fact, in Ireland, it is estimated that 170,000 people, diagnosed between 1995-2009, have survived their cancer. But still the chances of getting cancer are surprisingly high!
It won’t happen to me!
- One in three people in Ireland will develop cancer during their lifetime.
- In Ireland an average of 30,000 new cases of cancer are diagnosed each year. The number is expected to rise to over 40,000 per year by 2020.
- 29,775 people were diagnosed with cancer in 2009, 15,364 men and 14,441 women.
The five most common cancers in Ireland are (from most to least common):
- Non melanoma skin cancer (the most common and treatable form of skin cancer)
- Prostate cancer
- Breast cancer
- Bowel cancer
- Lung cancer
Data sourced from the National Cancer Registry of Ireland (NCRI) (www.ncri.ie)
So, given it’s Movember, you should be interested to know, that apart from Serious Illness Cover that’s widely available on the Irish market, Zurich Life offer a cheaper insurance product specific to cancer coverage.
How it works
Cancer Cover is available to people aged 18 to 65. It pays out a cash lump sum if you are diagnosed with cancer during the term of the plan. It is important to realise that some cancers caught in their early stages would not be eligible to claim under this plan. The types of cancer that would ordinarily be covered include:
|Breast Cancer||Lung Cancer||Bowel Cancer||Gynaecological Caner|
|Prostate Cancer||Breast Cancer||Stomach Cancer||Malignant Melanoma Skin Cancer|
Cancer Cover V Serious Illness Cover?
- Opting for specified serious illness cover which includes cancer cover, broadens the number of insurers to choose from, as well as the number of serious illnesses for which you’re covered, but it’s way more expensive.
- Cancer cover is available to people who may have been refused serious illness cover.
- Both cancer cover and serious illness cover can be combined with life insurance.
Who should consider it?
- People you can’t afford specified serious illness cover.
- People who may have been declined for serious illness cover, because of a different existing medical condition.
- People who don’t already have specified serious illness cover.
How much does it Cost compared to Serious Illness Cover?
|(age nest birthday)||Cancer Cover €100,000 benefit||Serious Illness €100,000 benefit|
Source: Best Advice, October 2016. Premiums quoted for non-smoker rates over a 20-year term. Subject to underwriting. Terms and Conditions apply. Insurance Levy of 1% included.
Based on the 2015 claim payouts of a leading insurer operating in Ireland, the following statistics bring cancer cover to the forefront:
- More than 50% of all serious illness claims were for maligent cancer.
- Breast Cancer was the number one overall cause of serious illness claims.
- 40% of all specified serious illness claims were to people under age 50.
- Cancer was the biggest cause of death claims.
Cancer Cover can help reduce the financial stress of living with cancer. It gives important breathing space to focus on what really matters…recovering from the illness.
Alternatively you can give us a call on: 01 845 0049
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