Confused.com Reveals That Keeping Diabetes A Secret Could Invalidate Life Insurance
Released on: November 23, 2011, 2:32 pm
Author: Confused.com
Industry:
Financial
New research by Confused.com has revealed that 26 per cent of
people only have a vague idea what diabetes is, and worryingly 22 per
cent of diabetes sufferers are not comfortable telling people about
their condition, potentially putting their health at risk.
Keeping diabetes a secret not only makes diabetics more vulnerable but also means
their life insurance could be invalidated.
This Confused.com research is supported by a survey conducted by Diabetes UK which
shows that one in three people with diabetes have been keeping their condition a
secret.
In light of this, Confused.com is warning against the dangers of keeping a medical
condition secret and reminding people that their life insurance could be invalidated
if they are not upfront about any condition they have been diagnosed with.
Diabetes is on the increase in the UK with one person diagnosed every three minutes.
In fact 31% of people know someone with diabetes and there is an estimated half a
million more people in the UK who are likely tohave diabetes but have not been
diagnosed.
Diabetes is a more common condition than most people believe with an estimated 4
million people being diagnosed with this condition in 2025.
Matt Lloyd, Head of Life Insurance at Confused.com said: "Having a condition such
as diabetes does not always mean you cannot get life insurance quotes. Particularly, if a person with diabetes
is controlling their condition as directed by their doctor it is possible that they
may be able to get a policy put in place. It is also worth going back to the insurer
if you have made a positive change to your lifestyle since you were originally
quoted for insurance because you may be entitled to a cheaper policy if you are
healthier now than when you took out the policy."
About Confused.com:
Confused.com is one of the UK’s biggest and most popular price comparison services.
Launched in 2002, it generates over one million quotes per month. It has expanded
its range of comparison products over the last couple of years to include home
insurance, travel insurance, pet insurance, van insurance, motorbike insurance,
breakdown cover and energy, as well as financial services products including credit
cards, loans, mortgages and life insurance quotes. Specialist life insurance cover
comparison includes over 50s life insurance and term life insurance.
Confused.com is owned by the Admiral Group plc. Admiral listed on the London Stock
Exchange in September 2004. Confused.com is regulated by the FSA.
PR contact:
Sarah Wenham
Confused.com press office
Friary House
Greyfriars Road
Cardiff
CF10 3AE
02920 434275
www.confused.com
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