Being diagnosed with cancer is often sudden, usually unexpected and always life-changing. Unfortunately, cancer diagnosis are not uncommon and almost all of us will be affected by it at some point during our lives. In 2020 there were 288,753 people diagnosed with cancer in England alone, with 137,234 cancer deaths the same year.\u00b9<\/p>\n
Whilst health insurance (also known as Private Medical Insurance) could support any treatment after a cancer diagnosis, a life insurance<\/a> policy can ensure a sum of money is left to your loved ones if a cancer diagnosis results in death. This money can be used in anyway you or your loved ones desire, including paying for a funeral, contribute to paying off the mortgage or simply supporting day-to-day living costs. If a doctor believes the cancer will cause death in less than 12 months, a life insurance policy may pay out whilst you’re still alive due to the terminal illness clause.<\/p>\n There is an estimated 3 million people currently living with cancer in the UK. As well as its physical, mental and emotional impact, cancer can also affect the more practical aspects of a person\u2019s personal and working life, especially their finances, with Macmillan reporting that around 83% of people living with and beyond cancer experience a financial impact.\u00b2<\/p>\nLiving with Cancer<\/h2>\n