Critical illness Cover
Updated: Nov 20, 2019
Anyone with a mortgage or dependants should understand the contrasting forms of protection accessible to you and your loved ones, should you be diagnosed with a serious illness that prevented you from earning a living, would this cause financial stress on those who were dependant on your salary?
It's a frightful question to contemplate, however a fundamental query if you suppose those dependant on you would problematically struggle to pay the mortgage or keep up the daily cost of keeping a household including monthly bills.
The solution which people rely on is critical illness insurance, yielding much needed support if you're diagnosed with a severe medical situation.
The facts are that we are four times more likely to suffer a serious illness than die before the age of 65; a critical illness such as a cancer or heart attack, effects one in five men and one in four women before the age of 65 – We all know of someone who's been affected one way or the other, critical illness insurance is imperative to ensure peace of mind knowing you and your loved ones are protected should you fall seriously ill, with the odds so high it's cover that you need.
What is critical illness cover?
Critical illness cover, also known as critical illness insurance, is a long-term insurance policy which covers serious illnesses listed within a policy. If you get one of these illnesses, a critical illness policy will pay out a tax-free, one-off payment. This can help pay for your mortgage, rent, debts, or alterations to your home, such as mobility requirements, should you need it.
How we can help?
We have access to some of the best rated insurers in the market place who specialise in critical illness cover.
Working as a broker I have access to affordable policies that cover a wide scope of critical illness features, the benefit to you is knowing that you have adequate cover and peace of mind, in that you, and those dependant on you, are protected should your circumstances change.