A major new study by Scottish researchers reveals that taking the contraceptive pill can help women live longer and reduce their likeliness to fall in prey to serious diseases.

The research clearly depicted that those who took the Pill were less susceptible to die from any cause - including all types of cancer - and heart disease.

The study involved the observation of more than 46,000 women for nearly four decades from 1968. The researchers made a cumulative comparison of the number of deaths in women on the pill to those who never took it.

The study found that a slightly higher risk of dying among under-45s who had given away with using the Pill five to nine years previously. However, this risk showed a decreasing trend as women grew older.

Experts concluded the pill cut women's risk of dying from bowel cancer by 38 percent and from any other diseases by about 12 percent.

"In the longer term, the health benefits of the contraceptive pill outweigh any risks," Richard Anderson, a gynecologist at the University of Edinburgh, posted in a statement. However, Anderson was not associated with the BMJ study.