Critical Illness Cover
Secure your future & focus on recovery.
Similar to life cover, this insurance pays out a lump sum upon diagnosis of a specified illness during the term of the policy. It is often available with life cover policies but can also be taken ot on a standalone basis.
What is critical illness cover?
If you were diagnosed as being critically ill, would you really want the burden of having to keep up mortgage payments? Would you want a lump sum to help you and your dependents cope while you focused on recovery? If so, critical illness cover is worth considering.
Upon a successful claim, the payout can be spent as you wish. For example, some may use it to pay off the mortgage, or on medical costs, healthcare, or potential home conversions.
There are many ways critical illness cover can be structured and so we can help ensure we structure your cover appropriately for your circumstances and preferences. In essence, there are two main types - level term assurance and decreasing term assurance.
As with life cover, the cost of cover depends on your age, health, pre-existing medical conditions, lifestyle, smoker status, how long you want cover for, how much cover you need and the type of policy you’ve chosen. We can compare policies from a range of different insurers to ensure we setup the best cover for you.
Many plans will also provide additional benefits such as cover for children at no extra cost, 2nd medical opinions, access to specialist healthcare helplines, annual health checks, gym discounts, and more.