Critical illness cover can give you the peace of mind that if you unexpectedly fall ill, you will receive a tax-free lump sum to help you cope financially.
The definition of critical illness, and the conditions covered, will vary greatly depending on the policy. It is important to understand exactly what a policy covers before you agree to the terms. For example, some policies will not include certain types of cancer as they are considered by some insurers to be easily treatable. An independent financial adviser can explore all of your options for you, searching the whole of the market to find the policy that’s right for your specific needs and requirements.