Introduction to Protection

Some statistics to think about…

We estimate there are 3 million people living with cancer in the UK. We predict this number will rise to nearly 3.5 million by 2025, 4 million by 2030, and 5.3 million by 2040¹
Around 385,000 people are diagnosed with cancer every year, in the UK. On average someone is diagnosed with cancer every 90 seconds in the UK²
Over 165,000 people in the UK die from cancer every year, that’s 3200 every week³
Heart and circulatory diseases cause a quarter of all deaths in the UK, that’s more than 160,000 deaths each year – an average of 460 deaths each day or one every three minutes in the UK⁴
Around 1.4 million people alive in the UK today have survived a heart attack⁴
Stroke – Over 100,000 people have strokes in the UK each year – that’s one every five minutes⁴
Around 1 in 4 strokes in the UK occur in people of working age⁴

*1 - The following are estimates, calculated by Macmillan, of ‘complete’ cancer prevalence – everyone alive in the UK who has ever been diagnosed with cancer:

*2 - ii UK-wide figure is for 2018, the latest year for which cancer incidence data are available for all countries in the UK. Figures include all malignant neoplasms excluding non-melanoma skin cancer (NMSC) (ICD-10 codes C00-97 excl. C44. Scotland does not use C97). National Cancer Registration & Analysis Service, Public Health England here, Welsh Cancer Intelligence & Surveillance Unit. Cancer incidence in Wales, 2001-2017. here, Public Health Scotland. Cancer Statistics. here and N. Ireland Cancer Registry. Cancer statistics: 1993-2019. here

*3 - UK-wide figures are for 2017, the latest year for which cancer mortality data are available for all countries in the UK., Figures include all malignant neoplasms excluding non-melanoma skin cancer (NMSC) (ICD-10 codes C00-97 excl. C44. Scotland does not use C97). Public Health England. https://www.cancerdata.nhs.uk/mortality/base_numbers. Welsh Cancer Intelligence & Surveillance Unit. Cancer mortality in Wales, 2001-2017. http://www.wcisu.wales.nhs.uk/cancer-mortality-in-wales, Public Health Scotland. Cancer Statistics. https://www.isdscotland.org/Health-Topics/Cancer/Cancer-Statistics/All-Types-of-Cancer/ and N. Ireland Cancer Registry. Cancer statistics: 1993-2019. https://www.qub.ac.uk/research-centres/nicr/CancerInformation/officialstatistics/BySite/All-Cancers-excl-NMSC/

*4 - Heart and circulatory diseases cause a quarter of all deaths in the UK, that’s more than 160,000 deaths each year – an average of 460 deaths each day or one every three minutes in the UK.

It is quite natural for most people to want to make sure their families (and themselves) are going to be financially secure in the event of loss of income, illness or worse.

But with the usual pulls and pushes of daily life, it is all too easy to forget to deal with these considerations.

“I’ll sort it out soon - maybe next week” is a common response.

This is quite an understandable reaction. The wide variety of protection policies available can appear bewildering and confusing.

Questions such as “what type of cover should I have for myself and my family?” or “what is the correct level of cover?” need the experienced, professional eye of a Financial Adviser to help you understand this complex and wide-ranging subject, and guide you towards making the right decisions based on your own circumstances.

Financial Protection can include a very broad spectrum, and you might wish to consider protection cover for:

Your home and its contents
Yourself
Your partner or spouse
Your family
Your income, or the income of other family members
Your health and the health of your family

There are so many different products and providers, and not all of them may be suitable for you and your family.

Our role is to guide you through the options available, identifying the most appropriate mix of protection cover for you and your loved ones.

The types of protections we can look at include: