Protection Adviser Online August 2025 | Page 38

The 2024 Critical Thinking Report from CIExpert showed that paying off the mortgage is something people think they would do with the proceeds of a claim. The percentage of responses was the same for men and women( 19 %). A further 19 % said that they would look at paying off other debts. And 22 %
of females and 21 % of males said they would use the proceeds to pay for private medical treatment.
Comparing this to what people actually spent the proceeds of a critical illness claim on, the figures vary slightly
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