|Critical Illness Protection|
The most common serious Critical Illnesses are as follows:
Thanks to advances in medical science, more and more people are surviving illnesses, which in the past would have proved fatal. This is of course great news, but what happens to the financial security of your family in the meantime?
Whatever your age or personal circumstances, a critical illness could have a catastrophic effect on your financial health. If you were unable to work whilst you were recovering or perhaps were never able to work again, all your financial commitments such as your mortgage payments, and children's education fees would still continue. You may already have some protection, perhaps in the form of life assurance, but this will only provide benefits if you were to die from a critical illness, not if you survive.
A Critical Illness Plan can be designed to help provide a lump sum cash benefit to help relieve your financial obligations following a critical illness, leaving you and your dependants free to concentrate on your recovery. The lump sum can be used to cover outstanding mortgage payments, credit card debts, or maybe even taking a long-term holiday to recuperate. In fact, the cash will also give you the freedom to reduce your working hours or give up work altogether if you wish.
Arrange an appointment with one of our financial advisors to set up critical illness protection here