Critical Illness Cover

Not a nice question, but an important one to ask. If you consider your loved ones might struggle to pay the mortgage, or meet the cost of running a household if you were taken ill, then perhaps you should consider critical illness insurance

What is critical illness cover?

Critical illness cover is a form of insurance that pays out a tax-free lump sum in the event that you are diagnosed with a specified illness or medical condition.  The policy will pay out if you are diagnosed with one of a list of serious conditions within the policy term. The most common conditions covered under most policies are:

  • stroke
  • heart attack
  • certain types and stages of cancer
  • conditions such as multiple sclerosis.
  • Most policies will also consider permanent disabilities as a result of injury or illness.

You can spend the money how you wish, so you could use it to clear any debts, pay for medical bills or to adapt your home to your particular needs.

The Association of British Insurers (ABI) found that in 2016 £4.7 billion was paid to British households which had some form of protection insurance policy (such as critical illness cover, life insurance and income protection).
92% of Critical Illness claims were paid with 98% of life insurance claims paid

There are many different policies on the market with scores of specified illnesses covered

We’ll do the research and recommend the policy which suits your needs and priorities

So why not get in touch and make that First Call today!

Warning : Plans may not cover all the definitions of a critical illness. The definitions vary between product providers and will be described in the key features and policy document, if you go ahead with the plan.