Critical Illness Cover
A critical illness could happen to any one of us. If it does happen, Critical Illness Cover could help to minimise the financial impact on you and your loved ones. For example, if you needed to give up work to recover, the money could be used to help fund your mortgage or rent, everyday bills or even simple things like the weekly food shop – giving you and/or your family some peace of mind when you need it most.
This is not a savings or investment product and has no cash value unless a valid claim is made.
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Critical illness cover is a type of life insurance policy that offers protection in the event of a serious illness or injury.
If a policyholder suffers from a specific illness or injury, a pay-out is made by an insurance provider in the form of a lump-sum, which can be tax-free.