General Insurance Article - Wide ranging report on cancer published by Canada Life

Canada Life has launched a report exploring cancer, covering how the workplace can affect people’s cancer risks, the impact of cancer on the Group Insurance market and a look forward to a world without cancer.

 An interactive summary of the report is available to everyone and will work on your desktop, laptop, tablet and smartphone. The full 26-page report will be available for free to anyone via a dedicated page on the Canada Life website.

 Half of people in the UK will be diagnosed with cancer at some point in their lifetime, and the condition accounts for more claims across all the Group Insurance products combined than any other. Understanding this varied and complex condition, which will touch almost everyone’s life in some way, is of vital importance to anyone in the protection and wellbeing industries.

 Please explore the interactive report here.

 Tim Stoves, Managing Director at Canada Life Group Insurance, said: “We deal with an average of six claims caused by cancer every single working day. The scale of the problem is staggering – it feels like more people are being diagnosed than ever before. However, survival rates have been steadily improving for decades thanks to advances in medicine and better awareness of how we can minimise our risks. This decade saw a major milestone achieved, with half of people diagnosed with cancer surviving for 10 years or more, compared to just a quarter in the 1970s.

 “We at Canada Life and other protection providers do what we can to help in our own way. We hope this report will be a part of that, informing more people about cancer and how our industry supports people who have it, often beyond the simply financial.”

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