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Critical Illness

Category: Blog

We all dream of winning the lottery with odds of 1 in 45 million.

But what are your odds when it comes to critical illness?

Over 24% of critical illness claims were made by people under 45 years old1
The average age of people who claimed for multiple sclerosis was 451
The average age of people who claimed for cancer was 501

What is critical illness insurance?

Critical illness is a form of insurance that pays out a tax-free lump sum of money, should you be diagnosed with an insured medical condition during the term of your policy. An example of a critical illness may be cancer, a heart attack or a stroke.

It is designed to help support you and your family financially while you deal with your illness, so you can concentrate on your recovery without financial worry.

Unfortunately, the chances of critical illness striking close to home are higher than you think.

We are all natural optimists, but even just a little cover could make your finances less of a gamble.

Leave less to chance

Whether you are renting or a homeowner, critical illness insurance can be flexible and affordable to match your needs. Talk to us about how we can help.

Source: 1 Royal London UK intermediary protection business paid (1 Jan to 31 Dec 2020)


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