Critical Illness

What is Critical Illness Insurance?

Although it isn’t nice to think about, it is important to think about cover for any severe illnesses or death that could have an impact on your loved ones. Critical illness insurance will provide a one-off, tax-free lump sum in the face of a serious medical situation, which can be used to cover finances while the individual cannot work to pay for treatment, arrange for any required care, to modify your home and even to pay your mortgage. Different policies will cover a variety of conditions and ailments – while before the majority of policies only covered heart conditions and strokes, a variety of others such as Parkinsons, deafness, blindness and MS are now included in critical illness insurance policies. They will not however cover existing medical conditions. The cost of your cover will depend on a number of factors; your age, existing health conditions and your employment. We will take all of these into consideration when evaluating your critical illness policy. This is a basic introduction to critical illness insurance, but don’t worry – our specialist financial advisors will read all the small print and use our strong relationships with leading banks in order to find a suitable policy for you and your family, ensuring your future is secure even in the most challenging circumstances.