Similarly, Life Expectancy For People Under The Age Of 65 May Have Increased By 44 Percent Over A Decade

Category: Finance, Insurance.

When critical illness insurance came into the UK during the mid 1980 s, people did not know a great deal about it. The real success came in the 1990 s with over 100, 000 policies sold.

Some companies tried to market critical illness insurance but were unsuccessful. Gradually critical illness cover became popular. By the end of 1998, a sum of 25 million critical illness policies could be counted in the UK. Thus, in the year 1997, 000 policies sales, around 633 were already registered. Nowadays, medical improvements have made it easy for diseases to be detected early. This could represent a fact of concern for many critical illness insurance companies. As a matter of fact, death rates have decreased and survival benefits claims may have increased.

Statistics show that 2 million people may still be alive today after having undergone a critical illness such as heart attack. Also, death rates for people over the age of 75 may have decreased by 39 percent during the last 10 years. Furthermore, as per www. heartstats. org, it is estimated, March 2007 that 6 million of people may still be alive today after experiencing a critical illness such as coronary heart disease. Similarly, life expectancy for people under the age of 65 may have increased by 44 percent over a decade. No men aged between 16- 44 had contracted this disease. Moreover, according to the Office for National Statistics 2005, in the year 2004, about 3 percent men of all ages may have suffered from a critical illness like heart attack.

Additionally, 6 percent aged between 45- 64 percent aged between 65- 74 and finally 3 percent aged 75 or more may have all contracted the same critical illness. Figures registered no women aged between 16- 44 had contracted heart attack. As for women, again in the year 2004, about 8 percent of women of all ages may have been victims of the critical illness, heart attack. Furthermore, 8 percent aged between 45- 64, 1 percent aged between 65- 74 and finally 7 percent aged 75 or higher may have contracted a critical illness like heart attack. According to the Arthritis Research Campaign 2002, around 8 million people may have been suffering from this disease. In addition, arthritis and rheumatism is another critical illness that affects many people in the UK.

About 3 million people may have already been disabled. As a result, osteoarthritis may be the most common joint disorder carrying approximately 1 million victims followed by rheumatoid arthritis which may register about 350, 000 patients. This critical illness is mostly common among aged people. Here are some statistics by the Office of National Statistics 2005, in the year 2004 concerning the critical illness, arthritis and rheumatism for both men and women. 2 percent men of all ages contracted this critical illness followed by 1 percent aged between 16- 4Also, about 9 percent aged between 45- 64, around 10 percent aged between 65- 74 and nearly 16 percent aged 75 or more all contracted arthritis and rheumatism. As for women, around 5 percent women of all ages had contracted arthritis and rheumatism followed by about 5 percent aged between 16- 4Furthermore, approximately 12 percent aged between 45- 64, nearly 14 percent aged between 65- 74 and 23 percent aged 75 or higher had been victims of this critical illness. These figures show an increasing rate of this critical illness according to the age. According to these statistics, there had been more women patients than that of men.

A critical illness may strike at any time and may shatter your life, if you are not secured. You may now be fine and in good health. Taking out a critical illness cover can protect you from certain uncertainties you might encounter in the future.