About Critical Illness Cover
Critical illness insurance cover gives you financial peace of mind when you need it most…
Critical illness refers to a serious health problem, such as a kind of cancer or a cardiovascular disease. These types of illnesses affect one in four females and one in 5 males before retirement age.
Critical illness insurance cover is made to ease the monetary pressures by paying a tax-free lump sum if you become seriously ill or disabled. You should generally survive at least one month after becoming critically ill before the policy will pay out.
Critical illness insurance cover explanation
Critical Illness insurance pays benefits on the diagnosis of specified critical health problems. The range of conditions covered has actually increased to more than 30, though the definitions of illnesses covered could vary from one company to another.
All policies must cover seven core conditions which are cancer, coronary artery bypass, cardiac arrest, kidney failure, major body organ transplant, multiple sclerosis and stroke. They will also pay if an insurance policy holder ends up being permanently disabled as a result of injury or illness.
Various other kinds of mortgage protection insurance
If you would like to arrange a free assessment to help you understand which mortgage protection product would be right for your situation, consisting of mortgage payment protection insurance, mortgage life insurance, income protection insurance and critical illness insurance cover, and other alternatives available please contact us – we will be happy to discuss things in a clear, objective and helpful way.
There are other providers of Payment Protection Insurance [Short-Term Income Protection] and various other products designed to protect you against loss of earnings. This will generally cost ₤3 per month for each ₤100 of benefit. For unbiased advice about insurance cover, please check out the site at www.moneymadeclear.org.uk
Next Page ❱ Life Insurance Cover