critical illness cover
In a nutshell, critical illness cover pays out a lump sum if you’re diagnosed with one of the ‘critical illnesses’ it covers. Most will typically cover life-threatening conditions such as a heart attack, stroke and cancer.
Many critical illness policies are tied in with life insurance, although you can also get standalone cover – so you can decide how much cover you want, and how long the protection will last.
Lump Sum Payout
Who is it for?
How you can use a payout
What illnesses does critical illness insurance cover?
Examples
Most insurance providers will cover the following illnesses and treatments within their critical illness policy:
- Aorta graft surgery – for disease and trauma
- Aplastic anaemia – with permanent bone marrow failure
- Bacterial meningitis – resulting in permanent symptoms
- Benign brain tumour – resulting in permanent symptoms or specified treatment
- Blindness – permanent and irreversible
- Cancer – excluding less advanced cases
- Cardiac arrest – with insertion of a defibrillator
- Cardiomyopathy – of specified severity
- Coma – with associated permanent symptoms
- Coronary artery bypass graft
- Creutzfeldt-Jakob disease
- Deafness – permanent and irreversible
- Dementia including Alzheimer’s disease – resulting in permanent symptoms
- Encephalitis – resulting in permanent symptoms
- Heart attack – of specified severity
- Heart surgery – with thoracotomy
- Heart-valve replacement or repair
- HIV caught from a blood transfusion, a physical assault or at work
- Interstitial lung disease
- Kidney failure – requiring permanent dialysis
- Liver failure – end stage
- Loss of hand or foot – permanent physical severance
- Loss of speech – total permanent and irreversible
- Major organ transplant – from another donor
- Motor neurone disease and specified diseases of the motor neurones – resulting in permanent symptoms
- Multiple sclerosis
- Paralysis of limb – total and irreversible
- Parkinson plus syndromes – resulting in permanent symptoms
- Parkinson’s disease – resulting in permanent symptoms
- Pneumonectomy – for disease or trauma
- Primary pulmonary arterial hypertension – resulting in permanent symptoms
- Pulmonary artery replacement – with surgery
- Removal of an eyeball as a result of injury or disease – permanent physical severance
- Respiratory failure – of specified severity
- Spinal stroke
- Stroke – resulting in specified symptoms
- Systemic lupus erythematosus – of specified severity
- Terminal illness – where death is expected within 12 months
- Third-degree burns – covering 20% of the body’s surface area or 20% of the face
- Traumatic brain injury – resulting in permanent symptoms
Flexible Appointments
We understand in this modern world life is no longer 9-5 so we offer flexible appointments to suit your needs.
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Our initial meeting is free of charge. There is no obligation to use our service. We will only charge if you decide to go ahead and use our services.
The right Mortgage
We will make a full assessment of your needs, priorities and goals and then recommend the right mortgage for you
The right Protection
Having gathered all the information about you, your circumstances and your home, we will provide advice and recommendation on the right protection for you.
Getting you there
We are not just here to arrange your mortgage and protection. We will support and guide you through the home buying process right up to the day you get your keys
The future
We will be here to provide you with help, guidance and advice from re-mortgaging to home moves in the future as your circumstances change.
If you are experiencing financial difficulty and struggling to make repayments, then you can contact your lender who may be able to help taking account of your individual circumstances.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
You may want to contact one of the free impartial money guidance and debt advice services such as StepChange, Citizens Advice, or Turn2Us.