Critical Illness
Critical Illness Cover pays a tax-free lump sum if someone is diagnosed with one of the specific illnesses or disabilities that the policy covers.
The one-off, lump-sum payment from a Critical Illness Policy is designed to help the insured cope with costs which typically include the need to adapt a home or car and/or undertake training for a different occupation.
The Cover may be taken out on its own or included in a mortgage protection policy to mortgage to eliminate the burden of mortgage repayments in the event if someone becoming seriously ill.
