Millions of men would be woefully under-prepared financially if they were diagnosed with a critical illness (CI), Friends Provident research suggests.
According to a study conducted by the insurer, 90% of men do not have any CI cover, 93% have no redundancy cover and 87% have no private medical insurance. Additionally, 87% are without an income protection plan, 81% do not have a will and 71% do not have a life insurance policy. This is despite figures suggesting over 80,000 men die of cancer each year, 52,000 of coronary heart disease and more than 21,000 from a stroke. "The ways in which men are regularly taking risks with both their health and finances could have a devastating effect on those men who will unfortunately suffer from...
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