Critical Illness Cover

Critical Illness Cover is designed as a safety net that provides a lump sum payment if the policyholder is diagnosed with a specified critical illness. The conditions covered vary from one policy to another, but illnesses such as cancer, heart attack or strokes are among the most common claims. With a tax-free lump sum, the idea is to alleviate the financial strain during a challenging time, when it is most needed.

The world of Critical Illness Cover has changed significantly in recent years, with better quality policies now available covering a wider range of conditions as well as offering other ancillary benefits such as 24/7 GP consultations, or a second opinion service from a consultant. The quality of products available is also vast, so we will help you navigate towards the most suitable solution, ensuring both quality and affordability of cover.

Additionally, whilst children are unable to take out their own policies, they can be included under an adult policy. This policy can also be tailored to provide increased cover for conditions in maternity, or child specific illnesses.

With the rise in significant illnesses such as cancer and heart related conditions, it is important that you and your adviser carefully consider your ability to handle such an event and, if deemed appropriate, the level of cover to be put in place.

Quick fact:

In the UK, 1 in 2 people will be diagnosed with cancer in their lifetime – the top cause for claims in 2022.

Source: nhs.uk/conditions/cancer , Aviva, Royal London

Concerned about critical illness cover? Contact us to find the right protection plan that gives you and your family security and peace of mind.