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Critical illness insurance. critically important time to take cover





Critical Illness Insurance. Critically Important Time To Take Cover


critical,illness,insurance


Back in 1999, the Imperial Cancer Research Fund stated that one in every three people in Britain will be diagnosed with cancer at some point in their life. With rapid medical advances the chances of survival from a major illness are improving but the consequences of suffering such an illness continue to be substantial and life-changing.

Critical illness insurance policies are designed to help you cope with the changes which will be necessary should you be diagnosed with a qualifying medical condition. Most policies will pay out following a diagnosis of heart disease, cancer, stroke, renal failure, paralysis, major organ transplant and coronary artery bypass surgery as well as a range of other conditions. There is normally a one-off tax free payment which is intended to assist you with costs, typically the need to adapt your home or car or maybe re-train for a different occupation. It's not only the bread-winner that can benefit from this type of cover and you should take account of child care and housek