Providers 'can do much more' for later life care: Vitality

41% of adults worried about affording care costs

Jaskeet Briah
clock • 1 min read

Protection providers "can do much more” to help people with potential costs of later life care, according to Justin Taurog, managing director, VitalityLife.

Research by Vitality, conducted among 2,000 UK adults, found that half of people (48%) were worried about the impact that developing dementia will have on them, particularly on their health, family and finances. The main reason people were worried about developing the condition was due to the impact it would have on their mental and physical health (72%), alongside the additional pressures that a diagnosis would put on their family (59%) and their ability to afford the necessary care costs (41%). Vitality said it hopes to highlight the "prime position" the industry is in to offer cons...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Individual Protection

The COVER Review: PMI demand, International Women's Day and a new COVER event

The COVER Review: PMI demand, International Women's Day and a new COVER event

Week commencing 03 March 2025

COVER
clock 07 March 2025 • 1 min read
Women making up a larger portion of mortgage applications

Women making up a larger portion of mortgage applications

Rise in solo female mortgage applications

Jaskeet Briah
clock 07 March 2025 • 3 min read
Financial situations have worsened for one third of adults

Financial situations have worsened for one third of adults

SJP research found

Jaskeet Briah
clock 06 March 2025 • 3 min read