Critical Illness Cover

StrokeStrokes rising among people of working age, warns charity

There has been a worrying rise in the number of working-age men and women having strokes, a charity has warned.

In England in 2014 there were 6,221 hospital admissions for men have a stroke aged 40-54 – a rise of 1,961 on 14 years earlier, a Stroke Association study shows.

Experts said unhealthy lifestyles were partly to blame for the rise, though the growing population and changes to hospital practice also played a part in the increase of strokes.

Overall the rate of strokes is going down in the UK, however.

Researchers say based on their findings strokes should not be considered as a disease of the old.

Huge costs

Strokes are caused by blood clots or bleeds to the brain and can lead to long-lasting disability. To read more click here

E-cigaretteWhat are e-cigarettes?

In June 2013, Action on Smoking and Health (ASH) estimated there are 1.3 million current users of e- cigarettes in the UK.

Unlike regular cigarettes, e-cigarettes don’t contain any tobacco, however almost all contain nicotine.

With smoking being the largest preventable cause of premature death in the UK, e-cigarettes are promoted as a cheaper and safer alternative to smoking cigarettes, to those who are unable, or unwilling to stop using nicotine.

The majority of e-cigarettes contain a battery, an atomizer and a replaceable or refillable cartridge. The cartridge contains the nicotine along with other substances and often flavorings.

What are the health effects of e-cigarettes?

Although cutting out tobacco and moving to nicotine replacement products is a positive step for your health, the majority of e-cigarettes still contain nicotine.

Nicotine is often considered as the most addictive psychoactive drug – equivalent to, if not more so than, alcohol, cocaine and even heroin. It comes with its own health effects which include increasing your heart rate, increasing your blood pressure and slowing down your body’s ability to heal itself, by making your skin dehydrated. Nicotine users are therefore at a higher risk of heart or circulatory related problems, for example heart attack and stroke, than those who use no nicotine products. Currently, there’s limited scientific evidence on the health effects of the other chemicals in e-cigarettes.

 How do e-cigarettes affect your insurance?

Most insurance companies have separate charges (or ‘rates’ as they’re known in the industry) for ‘smokers’ and ‘non-smokers’ – with smoker rates being more expensive.

Due to the health effects of nicotine, and the high risk of using tobacco products again in the future, non- smoker rates are only available for applicants who haven’t used any nicotine products in the last 12 months – including regular cigarettes and all nicotine products including e-cigarettes, patches and gum etc. When you apply for non-smoker rates, we may ask for a simple medical test (saliva sample) to confirm that nicotine hasn’t been used.

If you don’t currently meet the criteria for non-smoker rates, this shouldn’t put you off applying for the insurance you need now. The good news is we can look into changing your policy to non-smoker rates – once you’ve been nicotine-free for at least 12 months. To be able to change your policy, you may be asked for a signed statement along with a saliva sample.

To find out more about Life Insurance and for a personal illustration, please give one of our qualified advisers a call or email us via “Contact Us”  page with your requirements.

 

Two out of three MS sufferers have one thing in common.

They’re women.

MSThere are around 100,000 multiple sclerosis sufferers in the UK1. In fact it’s one of the five most common critical illnesses claimed for2. What’s more, it affects twice as many women as men1.

MS is also very difficult to diagnose.

That’s why many providers use the standard definition from the Association of British Insurers to make decisions on a claim.

But at Bright Grey our definition is better than that and means you don’t have to wait as long for your diagnosis to be confirmed3.

 

65,000

women in the UK have been diagnosed with MS1

 

81%

of the women who claimed for MS were 40 or younger2

1 in 9

of all women’s critical illness claims were for MS2

Talk to Park Gate. We’ll help you identify your individual protection needs and guide you through the various types of cover available to make sure you get the right cover at the right price. 01489 580020 or email info@parkgate.net

 

Sources: 1. www.mssociety.org.uk, May 2012. 2. Bright Grey claims statistics, 1 July – 31 December 2011. 3. This improved definition applies to menu plans with a quote effective date of 28 May 2012 or later.  

Two out of three multiple sclerosis sufferers have one thing in common.

They’re women

There are around 100,000 multiple sclerosis sufferers in the UK1. In fact it’s one of the five most common critical illnesses claimed for2. What’s more, it affects twice as many women as men1.

 Multiple sclerosis is also very difficult to diagnose.

That’s why many providers use the standard definition from the Association of British Insurers to make decisions on a claim.

But at Bright Grey their definition of multiple sclerosis is better than that and means you don’t have to wait as long for your diagnosis to be confirmed3.

1 in 9 of all women’s critical illness claims were for multiple sclerosis2

81%   of the women who claimed for multiple sclerosis were 40 or younger2

65,000 women in the UK have been diagnosed with multiple sclerosis1

Sources: 1. www.mssociety.org.uk, May 2012. 2. Bright Grey claims statistics, 1 July – 31 December 2011. 3. This improved definition applies to menu plans with a quote effective date of 28 May 2012 or later.

So, if you’re thinking about critical illness cover, choose an insurer that acts sooner rather than later to help multiple sclerosis sufferers.

Talk to Park Gate. We’ll help you identify your individual protection needs and guide you through the various types of cover available to make sure you get the right cover at the right price. Call 01489 580020 or email info@parkgate.net

 

A stroke is where the blood supply to the brain is interrupted which causes the sudden death of some brain cells. This is usually caused by a blockage or rupture of an artery to the brain. Another term for stroke is cerebrovascular episode or accident (CVA).

Direct Line has pulled out of the life insurance market with immediate effect.

A notice on the company’s website states that Direct Line, which is owned by Royal Bank of Scotland, is no longer accepting new life cover, life cover with critical illness, or over 50s life cover business.

Should you therefore need life cover and or critical illness cover then you should call us now on 01489 580020 or email us your requirements on www.parkgate.net/contact-us/

Mortgages
life insurance
home insurance
equity release

We offer whole of market advice for all types of customers, whether you are a first time buyer, home mover or looking to purchase a buy to let property. Being independent we are able to offer impartial advice from the whole of the market to ensure you get the product that suits your financial needs.

Whether you are looking to protect your mortgage payments or your family, we provide independent advice for life insurance, critical illness cover and income protection from a wide range of providers.

Buildings Insurance is a requirement when you complete on a mortgage the cover is to provide security to the lender, the insurance covers the main structure of your home. It will cover you for subsidence, storm, flood, fire or smoke damage and cover the costs of rebuilding or repair.

Equity release is a way of releasing cash from your property, either through selling a percentage to the reversion company or taking a mortgage on it, while allowing you, the homeowner to continue living there as long as you wish.