UK Critical Illness Insurance

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Critical Illness Insurance Claim

Even thinking about the possibility of suffering a critical illness is bad enough, but if it were to happen to you, the consequences could be devastaing for your family finances.

Imagine for a moment how you would cope if a critical illness struck you or your partner now.

How would you pay your bills?

Would you be able to pay your mortgage or loans?

What if you were unable to work because of critical illness and needed assistance in the home, or worse, that you needed to make alterations to your home?

Critical illness insurance is for ordinary people like us who work hard to maintain a certain standard of living.

We take much for granted and any type of insurance is seen to be just another expense.

When you stop to think about it tough, critical illness insurance is probably one of the most important insurance policies you can buy, because it protects your standard of living.

If you are struck by a critical illness, it's probably not only you that's going to be affected. As long as you survive, somebody is probably going to have to stay at home to care for you, meaning that they can't earn a living either.

Critical illness insurance is easy to put off, because we don't like to think about it. Rather like making a will - maybe you'll get round to it one day.

The problem is though, that we are all at risk of contracting a critical illness at some time in our lives and wouldn't it be comforting to know that should the unthinkable happen, at least you have the knowledge that you can still pay the bills?

Critical illness insurance usually provides a tax-free lump sum in the event of you being diagnosed with a critical illness and will support you through the troubled times, taking one more problem away from the family at a time of great distress.

According to the British Heart Foundation, less than half of the 262,000 heart attacks suffered in the UK each year actually kill their victims. Those who survive often find t hat they have reduced incomes and earning power and end up needing a lot more help at home.

The Imperial Cancer Research Fund founded in 1999 suggests that 1 in 3 people in Britain will be diagnosed with cancer at some stage in their life.

 These are some horrifying facts:

• One in Seven men aged 35 will suffer a heart attack
• One in ten women aged 35 will be diagnosed with some type of cancer

Now is the time to consider critical illness cover.