If you are looking for a life insurance policy, then you might also want to consider critical illness cover with it. It’s a very popular option. Sadly, at least one in five men and one in six women will suffer from a serious medical condition at some stage in their lives.
Yet most of us prefer to believe nothing will ever happen to us. Being unable to work due to a long term illness or serious condition can be financially devastating.
Having to worry about how you're going to pay the bills and support your family in times of hardship and distress should be the last thing on your mind.
Critical Illness cover provides financial protection to you and your loved ones in the event you are diagnosed with a critical illness or serious condition. The benefit can be used to help improve your quality of life and provide financial security in times when you need it most.
How does critical illness insurance work?
Critical illness cover provides a lump-sum payment should you become seriously ill with a condition covered by your policy. Cover can be added to a life insurance or mortgage protection policy.
Most critical illness policies cover at least seven major medical conditions including cancer, heart attack, multiple sclerosis, stroke, major organ transplants and kidney failure.
The benefit is tax free and can be used to replace your income, help pay off your mortgage, help you cope with bills and living expenses and let you concentrate on getting better.
How much does it cost?
Premiums vary between insurer, but your age and medical history are both taken into account. Whether you're a smoker, have smoked in the past, what you do for a living and where you live are also considered when calculating your premiums.
Conditions covered will also vary between insurer in addition to premiums, which is why it helps to shop around and compare plans from multiple insurers before choosing a policy.
We do all of the hard work for you by comparing critical illness plans from leading UK insurers, helping you find the right policy for your needs and budget, at the best price. Our quotes are completely free with no obligation.
Everyone with dependants and debts to pay needs life insurance to protect their family financially if they die.
Fill in the form now to get your FREE, no obligation quote.