Critical illness cover protects you and your family when this type of situation arises. It works as a lump sum that will take the worry out of paying your bills or covering the treatment you need.
Unlike life insurance, illnesses don’t have to be terminal for a pay-out to be received.
Submit a callback form below to let one of our advisor’s know you’d like to discuss a policy.
Discuss the policy you’d like with a professional advisor, going through your individual circumstances.
Enjoy the peace of mind that comes from knowing your love ones are protected in your absence.
Let’s get started protecting your loved ones:
The main difference centres around what they cover and how they pay out. Critical Illness covers more serious conditions and pays out in one tax-free lump sum in the instance of injury or illness.
Income Protection covers a different array of illnesses including some not covered by critical illness such as a bad back or depression. This type of cover pays you a percentage of your monthly salary as a regular payment while you are injured or unwell to help bridge the gap until you are able to return to work.
Unlike life insurance, which pays out when you die, critical illness cover is a one off, tax-free payment that helps pay for treatment, covering your mortgage or rent payments to ensure you don’t lose your home or covering the cost of changes which need to be made as a result of the illness.
Critical illness cover will give you peace of mind that you are financially provided for in the instance of a life changing event.
There are a number of things to consider but if the following apply to you, we would advise speaking to one of our advisors.
1. You and your family depend heavily on your income
2. You don’t have enough savings to tide you over if you become seriously ill or are rendered disabled
3. You place of work doesn’t offer an employee benefits package that covers extended time off
Similar to other insurances you work out the cover you need based on a number of factors. In the context of critical illness these can include:
1. Cost of rent or mortgage
2. Cost of your dependents
3. The work benefits you do receive
4. Your income
5. Any other insurances you may have
As a business we are proud to have a 4.8 star Trustpilot rating.
Providing excellent customer service is at the heart of everything we do. The relationships we build with our clients and our customers not only sees them recommend us to their family and friends but are also happy to hear from us when we have news on products or services we think could benefit them.
Life insurance is a way of financially providing for those you love when the worst happens. The payout on the cover you choose provides financial security for their future in the event of your death.
While critical illness is often unexpected, it’s also far more common than you might think. Critical Illness Cover is designed to support you and your family in circumstances like these.
As we age our life insurance requirements change. Over 50’s cover is designed specifically for those between 50-80 to ensure your family will receive a fixed cash sum after you pass.
