Critical illness is a policy that pays out a tax-free lump sum if you are diagnosed with a condition listed within your policy agreement. It is there to help replace your income ensuring bills are still paid while you recover.
An introduction to critical illness cover:
- Having money to pay bills is vital, without it you wouldn’t have a roof over your head.
- This policy covers strokes, heart attacks, cancers and many other serious illness’.
- Using your salary is a good indicator of roughly how much cover you will need.
- Some critical illness policies also cover your children as well.
Did you know?
New cases of cancer were diagnosed in 2015
strokes or more in the UK each year – around 1 stroke every 5 minutes
children (under 18 years old) have a stroke yearly; this is more than 1 child a day
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Critical Illness Cover pays you a tax-free cash lump sum if you are diagnosed as having one of the illnesses specified in the policy.
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This cover can help with care costs, medical bills and your financial commitments and is often combined with life insurance for extra peace of mind.
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Critical illness covers many conditions and illness’ regular people face daily, it will pay out for things such as strokes, heart attacks and most cancers.
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This cover will also cover your children whilst they are still in education up to a certain amount and will not affect your policy
How long can you continue to pay your bills without a regular income?
Call now on 0330 818 3568