Critical illness cover offers key safety net

insurance, critical illness, mortgage adviser basingstoke,

As the main breadwinner, you do everything you can to provide for your family. But have you considered how they would cope if you became too ill to work?

Safety net

Critical illness cover typically pays out as a lump sum if you are diagnosed with a particular illness set out by the terms of your cover. This protection can often be added onto a life insurance policy.

The tax-free payment could help fund your treatment, childcare costs or household bills, while allowing you to maintain your standard of living. It might also help towards making changes to your home should you require these.

Is it for me?

A critical illness can affect anyone at any age and a sudden diagnosis can change your life and the lives of your loved ones. Having a back-up plan in place provides crucial support in the hardest of times.

Minimum standards

In 2018, the Association of British Insurers published its Guide to Minimum Standards for Critical Illness Cover. As a result, all critical illness policies now automatically cover cancer, heart attacks and strokes, providing they are of a certain severity.

Here to advise

We can guide you through the possible options and ensure you have the right protection for your needs. Get in touch today!

 As with all insurance policies, conditions and exclusions will apply.

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