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 was kind and understanding at a very difficult time, his professional attitude in handling my financial affairs and that of my late husband, given with clarity and ease of understanding, always in a friendly manner. I have found his advice sound and his continued care and concern to be knowledgeable and applicable.
Mrs Ann Greenwood