"We understand people are concerned about the impact of age-related health conditions on their lives, and with these concerns comes significant anxiety as people worry about the future and how they will afford care."
- Justin Taurog, CEO of Vitality Life
Of those surveyed (2,000), 52% are worried about receiving an Alzheimer’s diagnosis, followed by dementia (50%), and Parkinson’s disease (45%). Six in ten (61%) worry about becoming too frail to look after themselves.
Vitality reports significant concern about the impact a diagnosis could have on physical (57%) and mental health (53%). Moreover, 51% of respondents said they aren’t confident that they’d be able to meet the cost of social care should they require it, whilst 45% are concerned about the affordability of care.
60% expressed worry about the pressure a diagnosis would have on their families, yet only 14% thought their protection plan covered such conditions. Two-thirds (65%) said they would consider a policy that covers healthcare costs in retirement as well as age-related conditions.
“We understand people are concerned about the impact of age-related health conditions on their lives, and with these concerns comes significant anxiety as people worry about the future and how they will afford care.
“Advisers play a crucial role in this process, helping customers plan adequately and navigate their options to ensure they have the right protection in place to support them now and in the future,” stressed Justin Taurog, CEO of Vitality Life.
