Financial Provision in the event of Serious Illness
Critical Illness Cover protects an individual in the event of a serious illness, disease or medical condition. It pays out a tax-free lump sum on the diagnosis of one of the illnesses specified in the policy details.
Different providers use different definitions in relation to Critical Illness Cover. It is therefore very important to select a plan that pays out in the event of a wide range of medical definitions.
This benefit can often be incorporated within a life assurance policy and is frequently used to cover a mortgage.
For more information about Financial Provision in the event of Serious Illness call us on 01276 517700 or email advice@professional-wealthcare.co.uk
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