Friday, January 13, 2006

Virgin's Insurance Gimmick

Richard Branson's Virgin Money Life is launching a new cancer cover insurance product called The Big V which, it claims, is 45 percent cheaper than standard critical illness cover.

People in the UK have a one in three chance of getting cancer and a one in six chance of getting cancer before the age of 70 according to the Institute of Cancer Research.

However, what Virgin is not telling potential clients is that 85 percent of those who die of cancer are over the age of 65 and would probably not be working anyway.

Be careful....

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