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Hidden asbestos in homes underscores need for critical illness insurance

Taking out critical illness insurance may be a wise thing to do for thousands of consumers following the publication of a new report showing that many may be living with asbestos without knowing it.

People who like engaging in DIY activities are particularly at risk of exposure to the lethal building material, according to the Union of Construction, Allied Trades and Technicians (UCATT).

It may also be wise for people undertaking maintenance and refurbishment work to consider covering themselves with this type of life insurance because they are likely to encounter the substance in their line of work.

Asbestos exposure can lead to incurable illnesses such as mesothelioma, which claims the lives of more than 2,000 people in the UK annually, underscoring the need for people likely to be exposed to the substance to take out insurance.

"Thousands of householders' health is being put at risk because they do not know that asbestos is present in their home," said UCATT general secretary Alan Ritchie.

"Workers should not be expected to play Russian roulette with their health," he added, saying new regulations governing the management of the substance are needed.

People with critical illness insurance can take confidence in the fact that their families' bills will continue being taken care of financially should they become incapacitated.

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