Critcal Ilness Insurance
Critical Illness
This can be added to life cover or can be taken on its own.
It is designed to pay on the diagnosis of a critical illness as defined by the insurance company fro the outset. All providers offer varying definitions for what constitutes a critical illness, and this most be taken into consideration when making a decision.
Payment is usually after predetermined time period following the diagnosis of a critical illness.
Early detection for many illnesses is improving recovery chances, and the number of critical illnesses registered, are making this policy increasingly popular.
Payment is made tax free, usually as a lump sum but can be received as an income depending on how the policy is set up from the start. Please request further details |