If you were to be diagnosed with a serious illness, are in you a position financially to take a year off work to receive treatment and recover? With Critical illness cover, the policy is designed to pay out a tax-free, one-off payment. This can help pay for your mortgage, rent, debts, or alterations to your home, such as wheelchair access, should you need it.

Don’t confuse critical illness cover with life insurance, although they are sometimes sold together.

Examples of critical illnesses that might be covered include:

   – stroke

  – heart attack

  – certain types and stages of cancer

  – conditions such as multiple sclerosis

Do you need Critical Illness cover?

State benefits might not be enough to replace your income if something goes wrong and you can’t work because of long-term sickness or disability. If you’re eligible, Employment and Support Allowance ranges from around £70 to just over £100 a week, depending on your circumstances and the seriousness of your illness or disability.

You should look at getting critical illness cover if:

     – you don’t have enough savings to tide you over if you become seriously ill or disabled

    – you don’t have an employee benefits package to cover a longer time off work due to sickness.

Our advisers will discuss this type of cover in detail to ensure you have a clear understanding, to protect you and your family should you find yourself in such difficult circumstances.