What Could Critical Illness Cover Mean for You?
By WeCovr
Explore the value of a financial safety net
A serious illness can have a devastating impact, and not just on your health. The financial strain of being unable to work, paying for private treatment, or making adaptations to your home can be immense.
Critical Illness Cover is designed to ease this burden. It pays out a tax-free lump sum on the diagnosis of one of the specific conditions covered by the policy, giving you the freedom to make choices that are right for you and your family. You could use the money to clear your mortgage, replace a lost income, or simply give you the breathing space to recover without financial pressure.
Use our Cover Explorer below to visualise how different levels of cover could provide peace of mind during a difficult time.
Critical Illness Cover Explorer
Select Your Desired Cover Amount:
A lump sum of
£100,000
could provide significant financial peace of mind.
This could replace the average UK salary for approximately:
2.9 years
allowing you to focus on recovery without financial strain.
Choosing the right amount of cover is a personal decision. Some people aim to cover their mortgage balance and other major debts, while others choose an amount equivalent to one or two years of their salary.
It's vital to check the policy documents for the full list of conditions covered and their precise definitions, as these can vary between insurers. Many people choose to combine Critical Illness Cover with a Life Insurance policy for comprehensive protection.
Our advisers are on hand to help you understand the details and find a policy that fits your needs and budget. Tap the button below to get a personalised quote and expert advice, completely free of charge.