Critical Illness Cover will pay out in the event of you being diagnosed with one or more of a specific list of illnesses or conditions such as; cancer conditions, coronary artery bypass, heart attacks, kidney failure, major organ transplants, Multiple Sclerosis, and strokes.
The costs involved in becoming critically ill can be steep. Your spouse or partner might need to stop working to provide care for you, you might need expensive specialized equipment, or even full time carers. That’s why with cover in place, you and your family are taken care of financially, which is one less worry should the unexpected happen.
Critical illness is usually added to life insurance, and the cost will depend on your age and individual circumstances. We can arrange cover for you from £19.10*, so it is well worth considering.
*Based on £100,000 cover for a non-smoking individual aged 30 next birthday. Prices will vary depending on individual circumstances
In 2014, critical illness accounted for 13.4% of all Life Insurance claims. 15,652 claims were received of which 14,401 claims where paid (92%), a total value of £965,435,000.
Source: www.reassured.co.uk 2016