Critical Illness Insurance

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Critical Illness Insurance

Critical Illness Insurance at Competitive Prices. Compare Todays Top Critical Illness Insurance Policies.

After all, most of us take out life assurance to provide for our families if the worst does happen, or to cover a mortgage or other substantial loans.

There are, though, plenty of medical conditions and illnesses that, although not immediately fatal, have a serious impact on both our lifestyles and, crucially, our ability to earn a living.

And that's where critical illness cover comes in.

How it works
Heart disease, strokes and cancer are the most common causes of death in the UK, but advances in medical science mean that more people survive these serious illnesses every year.

Conditions that were once almost always fatal can now be treated - if not actually cured - and the victim might well live on for decades afterwards.

This is one reason more people are looking at critical illness cover, either alongside or as an alternative to a life assurance policy.

Critical illness cover either pays out a lump sum or provides an income if you are diagnosed as having one of a number of illnesses, including cancer, strokes and heart disease. And the policy will pay out even if you subsequently make a full recovery.

Critical illness policies will either pay out on death, or on earlier diagnosis of a serious illness such as cancer, heart attack, stroke and total or permanent disability.

Statistics today prove that you are 60% more likely to suffer from a critical illness, and survive, than to die. This has been proven by the recent level and diversity of claims paid by the the life assurance companies to their clients, and the subsequent increase in their rates and monthly premiums.

This is mainly due to the positive advancements in medical technology. However, as a result of this you may have to stop working due to your impaired health, and your need to recover. How would you then survive financially?

A good critical illness insurance policy could enable you to clear all of your outstanding loans, thus enabling you to recover without the additional stress and pressure of any outstanding financial commitments.