CRITICAL ILLNESS COVER

Serious illnesses require extensive medical care and treatment that requires high out-of-pocket expenses. Critical Illness Insurance pays out a tax-free lump sum on the diagnosis of certain life-threatening or debilitating (but not fatal) conditions including:

• Heart attack
• Stroke
• Cancer
• Major organ transplants

Critical Illness Insurance often comes as an optional addition to a Life Insurance policy but can also be purchased on its own.

WHAT DOES THE CRITICAL ILLNESS POLICY COVER?

The policy covers a multitude of conditions such as Cancer, Heart Attack, Stroke, and many more. Due to the often greater than average medical costs these illnesses incur, the policy pays out cash to help cover those overruns. The list of illnesses will vary depending on the insurer, as will the exclusions for making the claim. We can assist you in finding a critical illness insurance  provider that covers a condition you are concerned about.

HOW DOES IT WORK?

If and when you are diagnosed with one of the conditions listed in your policy, you are entitled to be paid a TAX-FREE sum that can pay for costs not covered by traditional insurance. Policies usually only pay out once, so they don’t replace your regular income, but it may also be used for non-medical costs, such as transportation to and from treatment centers, paying rent or mortgage, or for day to day living. Your money, your choice. Our Bournemouth based critical Illness insurance advisors can offer UK wide advice and cover.