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Protection from Serious Illnesses
This can be taken as an addition to a life cover policy or as a distinct policy in its own right. It provides a lump sum payment on the diagnosis of specified illnesses. Not all companies cover the same illnesses and their definition of illnesses vary. It is vital to check the policy wording. There is a high claim rate with this type of policy, which has resulted in it being more expensive than life cover.
The statistics show that cancer is the number one claim for critical illness cover.
This market is fast moving, with very significant differences in the level of cover offered by different companies. Partial payments for certain conditions have been introduced by some companies. An up to date analysis of the market is required to ensure that you get a policy that is appropriate to your needs.
Emma & Jack’s story (a young family)
Emma & Jack are a young family that took out life & critical illness when they bought their first house. Putting the cover in case was not simple due to a pre-existing medical condition but the couple persisted and got cover with Legal & General. In this video, they tell how a Benign Brain Tumour in 2022 turned their families life upside down and how their life and critical illness policy supported them financially through a hugely tough period.
This is an example and does not constitute a recommendation or advice.
This is an example and does not constitute a recommendation or advice.
Jon's Story
Jon felt like the average reasonably healthy man until one day, after cycling, he felt a pain in his chest. This is his story about how having protection in place took away some of the additional worries during that stressful time.
This is an example and does not constitute a recommendation or advice.
This is an example and does not constitute a recommendation or advice.
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