What is it?
A Critical Illness plan is designed to pay out a lump sum on the diagnosis of specified critical illness. It is often ‘bolted on’ to a life assurance policy as an additional benefit but can also be a standalone plan.
Who is it for?
This type of plan is designed for individuals or families requiring a lump sum if they are diagnosed with a critical illness. As an example of where this lump sum could be used is to repay a loan, mortgage, or perhaps pay for time off work. The lump sum could even be used to pay for any necessary alterations to your home or private medical care.
The quality of cover and the illnesses covered can vary significantly between different providers which is why it's important to ensure you seek professional advice. Our Advisers will ensure you have the most comprehensive policy suited to your individual needs at the most competitive premium.
As Independent Advisers, Impartial Financial Management can help you find the plan that best meets your requirements