What is Critical Illness Insurance Cover?
With critical illnesses affecting 25% of men before retirement age and 20% of women, is getting cover right for you? This article seeks to answer some of the most common critical illness insurance questions and aid readers in deciding if it is for them. Whilst this article is no substitute for personalised professional financial advisor advice, it will give you an overview of some things to consider when doing a critical illness policy comparison or quote. What is critical illness insurance? Critical illness insurance is a lump sum payment that is made in the event you suffer from an illness, induced disability or loss of limb that curtails your life. The individual illnesses and degrees of disability are listed in the insurer's terms and conditions and may vary from policy…
