You only have to read the statistics to see that critical illnesses are more common than we think.

However, it’s not all doom and gloom as medical advances mean that survival rates for serious illnesses are on the up. What this also means is that you need to consider how you will afford your lifestyle if you do survive but are unable to work whilst having treatment, recovering from a critical illness or can never work again. Critical Illness cover gives you money in the event that you are diagnosed with one of a list of defined critical illness such as cancer, heart attack or stroke.

SINGLE WITH NO CHILDREN

As a single person you need to think about how you can pay your mortgage, rent, utilities, food bills and other expenses should you be unable to work. After all, you have no one else’s salary to rely on.

How would you feel if you had to sell your home after it had taken so long for you to save up for your deposit? How would you feel about losing your independence and moving back in with your parents?

IT WON’T HAPPEN TO ME: The most common cause of cancer for men aged 20-39 is testicular cancer. (L&G March 2010)

ECHO FINANCE aims to advise you on how much critical illness cover you need to make sure you don’t lose your home, you can afford to pay your bills and ensure you don’t have to move back in with mum and dad (as much as you love them!)

COUPLE WITH NO CHILDREN

Imagine if your life was turned upside down by being diagnosed with a critical illness such as cancer.

Along with the emotional pressure of dealing with a serious illness, how would you feel knowing that you were also likely to lose your home because you couldn’t pay the mortgage and bills as you receive limited sick pay from work?

Then there’s the cost of prescriptions and hospital car parking. Not to mention paying for changes you might have to make to your home.
Like most couples, you more than likely rely on each other’s income to afford the household bills. Do a simple exercise and add up all of your outgoings. Could you pay them on one income?

IT WON’T HAPPEN TO ME: Recent claim stats published by AXA showed that the average age for a critical illness claim for males was age 42 and aged 40 for females.

ECHO FINANCE aims to advise you on the cover you need to make sure you have no financial worries at what would be a very difficult time.

COUPLE WITH CHILDREN

Like most couples who have children you’ve probably taken steps to ensure the family are looked after in the event of your death. That’s great, but would your finances also suffer if one of you were seriously ill?

Along with the emotional pressure of dealing with a serious illness, how would you feel knowing that you were also likely to lose your family home because you couldn’t pay the mortgage and bills as you receive limited sick pay from work?

DID YOU KNOW? According to claims statistics recently published by AXA the average age of a male critical illness claim is 42 and for a female age 40.

Then there’s the cost of prescriptions and hospital car parking. Not to mention paying for changes you might have to make to your home.

IT WON’T HAPPEN TO ME: Every 2 minutes someone in the UK has a Heart Attack. (British Heart Foundation, 2008)

Like most couples, you more than likely rely on each other’s income to afford the child care, mortgage and household bills. Do a simple exercise and add up all of your outgoings. Could you pay them on one income?

ECHO FINANCE aims to advise you on the cover you need to make sure you have no financial worries at what would be a very difficult time for the whole family.

DID YOU KNOW? Most good critical illness policies will pay out a lump sum if your children are diagnosed with a critical illness. This can help to replace your income if you have to have time off work to care for them or pay for them to have the best possible treatment.

SINGLE PARENT

As a single person you need to think about how you can pay your mortgage, rent, childcare, utilities, food bills and other expenses should you be unable to work. After all, you have no one else’s salary to rely on.

How would it feel to know that you were going to lose your home as you were receiving no sick pay from work and could not afford your living expenses? More still, who would take care of your child if you were too sick and how would this be paid for?

DID YOU KNOW? Some critical illness policies will pay out a lump sum if your children are diagnosed with a critical illness. This can help to replace your income if you have to have time off work to care for them or pay for them to have the best possible treatment.

ECHO FINANCE can advise you on the cover you need to make sure you have no financial worries at what would be a very emotional and difficult time for you.

IT WON’T HAPPEN TO ME? More than 100 women a day are diagnosed with Breast Cancer (Info.cancerresearch.org. July 2008)