Critical Illness  

Critical illness costs economy £15bn a year

He said: "Being diagnosed with a critical illness means that people often have to take time off work to recover, which has a financial impact through loss of earnings and the added worry of struggling to pay monthly bills or the mortgage.

"This is precisely where critical illness insurance can play a positive role, providing much-needed support for individuals and their families by paying out a lump sum to cover monthly costs.

"By having protection like this in place, the policyholder can ultimately focus on what really matters – their recovery."

rachel.addison@ft.com