What is it?

A Critical Illness plan is designed to pay out a lump sum on the basis of a 'successful claim', which could be on the diagnosis of certain specified illnesses. It is often ‘included’ to a life assurance policy as an additional benefit but can also be a standalone plan.

 

Who is it for?

This type of plan is designed for those individuals or families whom want a lump sum if they are diagnosed with a serious illness. As an example of where this lump sum could be used is to repay a loan, mortgage, or perhaps pay for time off work. The lump sum could even be used to pay for any necessary alterations to your home.

The quality of cover and the illnesses covered can vary significantly between different providers. As advisors we can help you find the plan that best meets your requirements.

Critical Illness -The policy may not cover all definitions of a critical illness. For definitions of illnesses covered please refer to the Key Features and Policy Documents

THE POLICY MAY NOT COVER ALL DEFINITIONS OF A CRITICAL ILLNESS. FOR DEFINITIONS PLEASE REFE TO THE KEY FEATURES AND POLICY DOCUMENTS.


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