Critical Illness
Medical problems don't always mean financial problems
Medical problems don't always mean financial problems
Critical Illness Overview:

Critical illness cover is a form of insurance which is designed to pay out a tax-free lump sum in the event that you are diagnosed with a specified illness or medical condition during the term of the policy. Critical illness insurance provides you with peace of mind in a wide range of medical eventualities.

With medical knowledge and science achieving greater and greater, previously unimaginable advances, it means there is a pronounced chance, for all of us, that we will survive and recover from an illness or disease that until recently may have proved fatal. However, insurers recognise recovery may be protracted and there is a very high risk the affected person would be unable to work as a result of the illness and their subsequent treatment. That’s why critical illness cover is so vital – it provides a safety blanket not only for the individual who has been diagnosed, but security for others who will be financially affected by the illness, such as immediate family and dependents. 

 

 

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