HSBC Pays Out 100% on 2022 Prostate Cancer Claims

As the UK marks Men’s Health Awareness Month, HSBC Life (UK) Ltd – HSBC Group’s insurance business – is highlighting the importance of health check-ups, urging advisers to be aware of the full range of support available for customers and the differences in Critical Illness policies. This includes added value services and variances to standard cover definitions among providers.

Crucially, HSBC Life Critical Illness Plus customers also have access to support services including physiotherapy, Second Medical Opinion, Mental Health Support, and annual Health MOTs. Around one in eight men will be diagnosed with prostate cancer at some stage in their life with the over-50s most at risk, while around 2,400 men a year suffer from testicular cancer and men aged between 30 to 34-years-old are at the most at risk.

Both conditions are major targets of Men’s Health Awareness Month which focuses on encouraging men to act on a range of important issues including mental health and HSBC Life’s Critical Illness policies provide support across all three areas. If caught early enough, prostate cancer has a 100% survival rate while the survival rate for testicular cancer is 91% again if detected early.

HSBC Life has paid 100% of all prostate and testicular cancer claims received so far this year to September. Examples include a customer who received a £9,300 payment after making a prostate cancer claim and a testicular cancer claim for £48,530 – both paid within 24 hours.

Mark Hussein, CEO, HSBC Life UK, said: “Men’s Health Awareness Month is a vital campaign as it seeks to encourage open conversation around male health-related issues and reduce any stigma. It also signposts the valuable information and resources available to provide support and comfort for men and their families during times of need.”

Paul Roberts, Proposition and Distribution Director at CIExpertsaid: “The importance of Added Value Services as a core part of modern protection plans, cannot be understated. 

“Perhaps the most important of all linked to cancer is access to a face-to-face Second Medical Opinion, providing reassurance regarding any diagnosis supported by a comprehensive treatment plan. Insurers such as HSBC Life, who include this as standard for all their Life & Critical Illness Plus plan policyholders, must be commended for doing so.”

About alastair walker 12524 Articles
20 years experience as a journalist and magazine editor. I'm your contact for press releases, events, news and commercial opportunities at Insurance-Edge.Net

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