Critical Illness Cover
Protects Your Family
and it doesn’t have to cost the earth…
Critical Illness Cover
Critical illness cover is a type of insurance which will pay out a tax-free lump sum if the person covered by such a policy is diagnosed with, or undergoes surgery for, a critical illness that meets the policy illness definitions during the policy term and survives a short period of time which would be denoted by the policy.
The critical illnesses covered would be defined with the policy and as such no others would be accepted if wishing to claim. Therefore strict attention needs to be paid upon taking out any critical illness cover to ensure its serves the correct purpose, requirement.
It’s designed to help support you and your family financially while you deal with your diagnosis, so you can focus on your recovery without worrying about how the bills will be paid.
Questions about Critical Illness Cover?
Here’s some commonly asked personal insurance questions
Is there a difference between critical illness cover and life insurance?
Critical illness cover helps to support you and your loved ones financially if you’ve been diagnosed with a specific condition.
You’ll receive a lump sum payment to help cover the costs of treatment, or to help pay the bills, if you’re not able to work.
This form of insurance usually doesn’t pay out if you pass away. This is where life insurance comes in.
In most cases, life insurance only pays out if you pass away during the term of the policy. It’s designed to help your family to maintain their lifestyle after you’ve gone, like covering mortgage payments or children’s university fees.
Who would need insurance against critical illness?
Designed to support extra costs if you fall ill, you might want to consider such cover if:
- You depend heavily on your salary to support you and your family
- You don’t have enough savings to live on if you were to become seriously ill or disabled
- Your job won’t cover you for a long period off work due to sickness (employee benefits package)
THINGS TO NOTE
If you wish to speak with someone about personal insurance cover and/or the products currently on offer. You can request a callback by providing a few details for a no-obligation conversation.
This would be normally done during 24-hours of submission during normal working hours.
Please note that in doing so the details you provide will/may be shared with our insurance partners, to purely be able to provide you with a better informed, and more personalised information.