What is Critical Illness Cover?

Critical illness cover is a financial payment if you are affected by one of the specific medical conditions or injuries listed in the policy. These can include stroke, heart attack, cancer, multiple sclerosis, total and permanent disability.

There is an important difference between critical illness cover and life insurance.

Critical illness cover provides a payment on diagnosis of the insured condition. Once the claim is paid the policy then ends. The financial payment you receive can help alleviate the financial pressures during your treatment, such as paying off debts, taking time off work to spend with a loved one or seeking pioneering treatment.

Some policies will also make smaller payments for less severe conditions and can provide a lump sum if one of your children is diagnosed with one of the specified conditions.

You can choose to receive a lump sum or a monthly benefit in the event the policyholder be diagnosed with a specified critical illness.

Why protect yourself with Critical Illness Insurance?

A critical illness happens more frequently in the UK than you might expect. Every two minutes someone is diagnosed with cancer, every five minutes someone has a heart attack or stroke.

Critical illness cover can help protect you and your family financially during these stressful times.

We can help you understand more about this cover if:

• You don’t have savings to see you through the period when you are without an income
• State benefits are not enough to replace your income if you can’t work because of long-term sickness or disability
• There is a family history of serious illness.
• You want to be able to take time off work while seeking the best treatment programme and undergoing rehabilitation.
• You would like financial support to be able to look after children should they be diagnosed with a specified illness

How ChoiceMortgages UK Ltd can help

With over 70 years of insurance advice, Nicola and Tony will guide you to understand whether critical illness cover or life insurance, or both are the best options for your situation. We are used to handling the different aspects of these policies and aim to make the process as simple and easy as possible.

We know all the providers and can efficiently determine the best policies for you. It can take time to research the critical illnesses covered. Not all providers offer specialised features such as children’s benefit, global treatment and best doctors which can be additional features available on products in some cases.

If you have concerns about a pre-existing medical condition, we are familiar with the plans offered by each insurance company. It may benefit you having one plan with one company or multiple plans with various companies. We have access to all insurance providers, so not only can we provide a solution that is personal to you, but you can also be assured that you have the most competitive premiums.