The Life Insurance Market
The prospects for a 31 year-old cancer sufferer are much improved thanks to the payout received from his income protection policy.
The Daily Mail reports that construction site manager, Alan Jacobs, was battling testicular cancer when his financial adviser alerted him to the fact that he would be able to claim on his income protection and life policy.
Mr Jacobs admits to forgetting about the Scottish Provident critical illness cover he took out eight years ago with his wife Hayley.
For the sum of £63 a month, however, the couple are now £130,000 better off and have managed to set up a trust fund for their young son.
Head of marketing at Scottish Provident, Susan Barclay, said: "Having a critical illness policy in place gives people like Alan the peace of mind that they and their family will be properly cared for."
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