Macmillan Cancer Support: How insurers can help

Claims, signposting and duty of care

clock • 5 min read

Macmillan's Alasdair Watt lays out the financial impact of cancer and what the industry can do to make the journey easier

Being diagnosed with cancer is often sudden, usually unexpected and always life-changing. As well as physical and emotional impact, it can also affect the more practical aspects of a person's life, including their finances. According to Macmillan research, around 83% of people diagnosed with cancer experience a financial impact, and these people are on average £570 a month worse off. This is often caused by a combination of reduced income, as many people need to stop working during treatment, as well as increased costs because of the disease. These could be anything from the costs associ...

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