Critical Illness Cover
Critical Illness Cover pays out a tax free lump sum if you are diagnosed as having one of a specific list of illnesses. The number and definition of illnesses covered vary provider to provider. Some examples of Critical Illnesses are; Heart Attack, Cancer, Stroke & Multiple Sclerosis. Critical Illness Cover can give you the peace of mind that if you unexpectedly fall ill, you will receive a pay-out to help you cope financially. You can combine Critical Illness Cover with Life Assurance or have it as a separate policy altogether.
Not all forms of cancer, heart attack and stroke are covered by a critical illness policy.