Canadian Industry Critical Illness Claims: |
Breakdown as at 2004/12/31 |
67% |
Cancer |
15% |
Heart Attack |
5% |
Stroke |
3% |
Coronary Bypass Surgery |
2% |
Multiple Sclerosis |
8% |
Other |
|
Reasons For Denied Claims |
38% |
did not fulfill the Definition |
20% |
misrepresentation (Fraud) |
19% |
condition not covered |
16% |
diagnosed within first 90 days |
3% |
didn't survive 30 days |
4% |
Other |
|
Type of Cancer Claims: |
47% |
Breast |
24% |
Prostate |
14% |
Colon |
13% |
Thyroid |
2% |
Other |
|
Facts & Stats: |
|
8 in 10 have at least on risk factor for Heart disease or Stroke |
|
1 in 10 have 3 or more risk factors for Heart disease or Stroke |
|
89% have had a friend or relative suffer a critical illness |
|
3 out of 4 families will be affected by Cancer |
|
95% of Heart Attack victims servive the first attack |
|
75% of Stroke victims survive the first attack |
Source: Heart & Stroke Foundations, Canadian Cancer Society,
Statistics Canada and Munich Re |
|
Years Policy in effect when Claim Paid: |
39% |
less than 1 year |
59% |
over 1 & under 5 years |
2% |
over 5 years |
|
Longevity:
1. In the next 20 years there will be 2,000,000 people over age 80, and 45,000 over age 100.
2. 25%, or 1 in 4, age 50 or under today will celebrate their 90
th birthday?
3. The risk of suffering a Heart Attack is greater on Monday than any other day of the week.
Amazing Human Body:
1. The adult heart beats on average 70 times a minute, 40 million times a year.
2. The body has over 100,000 kilometers of blood vessels.
3. The brain is composed of 100 billion neurons and is about 85% water.
4. The lungs contain 2,400 kilometers of airways.
5. There are approximately 75 kilometers of nerves in the skin.
6. An individual blood cell takes about 60 seconds to make a complete circuit of the body.
Health Facts (on average):
1. 8 in 10 have at least one risk factor for heart disease or stroke and 1 in 10 have 3 or more factors.
2. 407 women and 8 men will be diagnosed with Breast Cancer every week.
3. 8 new cases of Kidney failure are diagnosed daily.
4. 30% of Parkinson's Disease victims are under age 50.
5. 1 in 13 over age 65 suffers from Alzheimer's Disease or related dementias.
6. 75% of new cancer cases in men and 63 % in women occur at age 60 and over.