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.
When my wife and I were looking for advice on retirement financial planning a few years ago, Barry was recommended to us by another IFA, who no longer provided that type of advice. Over the last few years, Barry has provided us with very good financial planning advice, tailored to our particular needs and attitudes to financial risk. He contacts us regularly to update us with the latest information and to see if our needs have changed but leaves the final decisions to us, i.e. he does not try to push a particular financial product or company. We have been very pleased with his advice to date and look forward to continuing our association with him.