Hi everyone, we are back with Matt Rann and we are talking about lung cancer and protection insurance. There are 43k cases of lung cancer diagnosed in the UK each year. When it comes to life insurance, critical illness and income protection there are a lot of considerations given to the survival rate of people diagnosed with lung cancer, as unfortunately only 16% of cases are caught in the early stages.

As well as lung cancer we go into a bit of a side tangent into debating terminal illness cover, which is a potential claim area for life insurance. We are fans of the intention of terminal illness cover, but we are both calling for a complete shake up of the way that it currently works.

The key takeaways:

• 72% of lung cancer cases are linked to smoking and the other 28% linked to environmental factors
• If a person has had lung cancer and is a smoker their cover will need to be place with specialist insurers
• Matt takes us through what the staging and grading of lung cancer means, as this is an essential part of the underwriting decision process

Next time we have Roy back with us and Lee Robertson from Octomembers. We will be sharing some of our musings from the finance world. 

Remember, if you are listening to this as part of your work, you can claim a CPD certificate on our website, thanks to our sponsors Octo Members.

If you want to know more about how to arrange protection insurance, take a look at my 13 hour CPD Protection Insurance in Practice course here and 1 hour CPD Protection Competency Exam here.