Critical Illness

What is Critical Illness Cover?

Critical illness cover pays out a ‘tax-free’ lump-sum of money in the unfortunate event of you being diagnosed with a serious illness.

The policy is designed to provide financial security at a time when you are unlikely to be able to work and rehabilitation and getting back to full health – not worrying about how you are going to pay the bills – should be your primary concern.

These funds not only provide financial security but can be used for treatments not available on the NHS or even in the UK and can also be used to adapt your home in the event of a life-changing disability.

What Critical Illnesses are covered?

The ‘big three’ conditions are cancer, heart attack and stroke; however, critical illness providers have to cover all illnesses laid out by Association of British Insurers (ABI). In order to secure the lump-sum pay out and a successful claim, the serious illness must meet the provider’s definition which is governed by ABI as the minimum viable definition for each illness.