Here is a statistic that might frighten you: Over the last 5 years, our offices have seen a massive year-on-year increase in critical illness claims. These range from cancer, to cardio vascular disease, to multiple sclerosis.
According to a report by Cancer Research UK, approximately 1 in 2 people will develop cancer in their lifetime…. Shocking, isn’t it?
Should you, or any member of your family be diagnosed with a dread disease like cancer, the last thing you will want to worry about is whether or not you have sufficient funds to pay for medical treatment, doctor’s consultations and hospitalisation- and the inevitable time off work that such an illness would necessitate.
Many medical aids will only cover a portion of these medical expenses, and there is often a limit to how much rehabilitation treatment they will pay for- a vital treatment step for anyone suffering from a degenerative disease, or trying to recover from a stroke.
As a rule of thumb, I advise my clients to ensure that they have at least 2-3 times their annual salary as critical illness or ‘dread disease’ cover. But the reality is that when a crisis strikes, you need as much financial stability as you can afford.
If you’re wondering whether or not you and your family have sufficient critical illness cover, let’s set up a meeting and get you properly covered.
It will only take a few minutes now, to ensure you have years’ of peace in mind in the future.
Please also let me know if there’s anyone you think could benefit from a free consultation with me. You can Click Here to enter their details and I’ll get in touch.