Critical Illness Cover
Quite often you hear ‘it could never happen to me’ or ‘I’ll sort it out later’. Well the old maxim of “failing to plan is planning to fail” is no better suited to the ignoring of crucial decisions on protection.
What is Critical Illness Cover?
Critical illness cover plans are designed to pay out a lump sum on death or on the diagnosis of one of the specified critical illnesses during the policy term.
Who is it for?
This type of cover is designed for individuals or families who are looking to financially protect their family, mortgage or a business with a lump sum if they meet the definition of one of the specified critical illnesses. This lump sum could be used to help repay a loan, mortgage, or perhaps pay for time off work or medical treatment. The lump sum could even be used to pay for any necessary alterations to your home. The critical illnesses covered include heart-attack, cancer, MS and stroke. However some types of cancer may not included and to make a claim for some illnesses, you need to have permanent symptoms.
We have access to various providers for this type of policy, all have their own unique benefits.
As with all insurance policies, conditions and exclusions will apply.