Corporate Adviser
  • Content Hubs
  • Magazine
  • Alerts
  • Events
  • Video
    • Master Trust Conference 2024 videos
  • Research & Guides
  • About
  • Contact
  • Home
  • News
  • In Depth
  • Profile
  • Pensions
    • Auto-enrolment
    • DB
    • DC
    • Defaults
    • Investment
    • Master Trusts
    • Sipps & SSAS
    • Taxation
  • Group Risk
    • Group Life
    • Group IP
    • Group CIC
    • Mental Health
    • Rehab
    • Wellbeing
  • Healthcare
    • Musculoskeletal
    • Mental Health
    • IPT
    • Wellbeing
    • Trusts
    • Cash Plans
  • Wellbeing
    • Mental Health
    • Health & Wellbeing
    • Financial resilience
  • ESG
No Result
View All Result
Corporate Adviser
No Result
View All Result

Cancer main cause of critical illness claims amongst men in 2021 – Scottish Widows

by Muna Abdi
June 13, 2022
Share on FacebookShare on TwitterShare on LinkedInShare on Pinterest

Males with cancer accounted for half of critical illness claims submitted to  Scottish Widows in 2021, followed by heart attack and stroke, according to new data.

Men’s critical illness claims accounted for 15 per cent of all claims, with prostate cancer accounting for a comparable percentage which was 14 per cent. In 2021, malignant melanoma accounted for 7 per cent of all cancers, whereas Hodgkin’s lymphoma accounted for 6 per cent.

In 2021, Scottish Widows paid out over £74m in total critical illness payouts, with male claims accounting for £38m, £1.4m higher than female claims.

Furthermore, in 2021, a quarter of life insurance claims were filed by men who had been diagnosed with cancer.

Scottish Widows head of protection underwriting and claims strategy Scott Cadger says: “It is crucial to listen to your body and seek medical help if something feels wrong. Ignoring these bodily alarms and not getting things checked out can sometimes lead to missed opportunities for early detection – where less invasive and preventative solutions are available.

“When diagnosed with an illness such as cancer, the priority should always be on health and recovery, but unfortunately money concerns can become a heavy burden for many – especially as living costs increase. Our partnership with Macmillan Cancer Support looks to help address these issues in a very real way, to help our customers to get the support they need so they are able to prioritise their health during what can be an extremely difficult period.”

 

VIDEO FROM ROYAL LONDON


Find out more about how to support the switching of a workplace pension

Corporate Adviser Special Report

REQUEST YOUR COPY

Most Popular

  • Govt sets out roadmap for blockbuster pension reforms

  • Standard Life launches financial coaching platform for families

  • TPT launches managed retirement income for life offering

  • Capital Cranfield appoints LGIM DB head as trustee

  • Govt Spending Review: industry reaction

  • Underestimating life expectancy leading to £35,000 shortfall in pension planning: BW

Corporate Adviser

© 2017-2024 Definite Article Media Limited. Design by 71 Media Limited.

  • About
  • Advertise
  • Privacy policy
  • T&Cs
  • Contact

Follow Us

X
No Result
View All Result
  • Home
  • News
  • In Depth
  • Profile
  • Pensions
    • Auto-enrolment
    • DB
    • DC
    • Defaults
    • Investment
    • Master Trusts
    • Sipps & SSAS
    • Taxation
  • Group Risk
    • Group Life
    • Group IP
    • Group CIC
    • Mental Health
    • Rehab
    • Wellbeing
  • Healthcare
    • Musculoskeletal
    • Mental Health
    • IPT
    • Wellbeing
    • Trusts
    • Cash Plans
  • Wellbeing
    • Mental Health
    • Health & Wellbeing
    • Financial resilience
  • ESG

No Result
View All Result
  • Home
  • News
  • In Depth
  • Profile
  • Pensions
    • Auto-enrolment
    • DB
    • DC
    • Defaults
    • Investment
    • Master Trusts
    • Sipps & SSAS
    • Taxation
  • Group Risk
    • Group Life
    • Group IP
    • Group CIC
    • Mental Health
    • Rehab
    • Wellbeing
  • Healthcare
    • Musculoskeletal
    • Mental Health
    • IPT
    • Wellbeing
    • Trusts
    • Cash Plans
  • Wellbeing
    • Mental Health
    • Health & Wellbeing
    • Financial resilience
  • ESG

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.