Critical Illness Cover

What is Critical Illness Cover?

Critical Illness Cover provides you with a lump sum if you are diagnosed with a named, serious illness. This could be illnesses such as cancer, types of heart attack and stroke.

The idea of critical illness cover is to provide you with a lump sum of money when you most need it - when you have been diagnosed with a serious, life threatening illness.

The proceeds from a critical illness cover policy will pass to you tax-free. They can then be used for any purpose -to pay off your mortgage or to provide care or alterations to your home.

Critical illness cover has become more expensive in recent months due to the number of claims. This means that it may be better to buy a policy now, while this type of plan still exists.

Critical illness cover will run for a set period of cover. You may select premiums which remain the same, or will be reviewed. The premium that you will pay depends on your age, sex, the cover selected and your health history. Critical illness cover may be combined with life cover.

For more information on critical illness cover, or to obtain a quote, please contact us.