Critical Illness

Critical illness cover pays a one off, tax-free lump sum, after diagnosis of a specified critical illness during the term of the policy. It will not replace your income, but it will give you one less thing to worry about whilst you recover. This lump sum could provide for:

  • Any outstanding mortgage or loans you might have.
  • The cost of adapting your home or car.
  • Private medical care, especially if it’s not readily available on the NHS.
  • Peace of mind of not needing to work whilst you concentrate on recovering.

You may wish to consider the following fact:
1 in 3 people will be diagnosed with cancer during their lifetime (Source: Cancer Research UK)

Objective
To pay a one off, tax-free lump sum, after diagnosis of a specified critical illness during the term of the policy.

Suitability
For individuals who have a need to have a lump sum available should they suffer a critical illness to help pay debts or help with the recovery process.

Features
Premiums can rise if not guaranteed.
The contract is for a fixed term.