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.
The policy may not cover all definitions of a critical illness. For definitions please refer to the Key Features and Policy documents.
Just think about all the things you insure as a matter of course.
For instance, more people have pet insurance than health insurance.
Before you know where you are the odd little treat, like your favourite coffee, can soon become a daily routine. Read more.
Today, 1st March 2011, the unimaginable has happened. The European Court of Justice has ruled that Insurers cannot charge different premiums to men and women. The effects of this ruling will be far reaching and will take effect from 21st December 2012.
Barry has been providing me with excellent financial advice since 2003. He has simplified and consolidated a number of pensions that I had started with various organisations through different employers over the years to one pension – making it much easier for me to have a clear view of my investments and know where I stand. I receive regular, easy to understand updates, with Barry providing the added value of explaining what it all means and offering advice on actions to take. Barry ensures that he keeps current with my financial and personal circumstances and is able to adapt and make excellent, informed recommendations quickly and clearly. I would highly recommend Barry and Professional Wealthcare for your financial management solutions. He is now responsible not only for the planning of my financial security, but also for that of my children.