Critical Illness Insurance

What is Critical Illness Insurance Cover

Critical Illness Insurance cover is similar to Life Insurance cover, as it will pay a tax-free lump sum if you become seriously ill or disabled and will assist with any medical costs or offer mortgage payment protection.

A Critical Illness Insurance policy can be taken out as a single or joint policy – which can be useful as it will provide financial security if you or your partner have to leave employment to care for the other.

With joint policies the tax-free lump sum is normally paid only once on the first claim. If you have children, most critical illness insurance providers include cover for children in their standard policies, ensuring that your children’s welfare is taken care of if they become seriously ill or disabled.

Why take out Critical Illness Insurance

With medical advances over the last 50 years more people are now surviving critical illnesses once thought to be fatal – such as cancer. Through these medical advances many people will go on to lead a normal life, but may not have the same mobility or health before their critical illness.

Being diagnosed with a critical illness can be a life changing experience, not only for you, but those around you as well. It can also be life changing financially. Taking out Critical Illness Insurance cover from as little as £5 a month would provide financial security for you and your family and dependents if you were to be diagnosed with a critical illness such as cancer, coronary heart bypass, heart attack, kidney failure, multiple sclerosis or major organ transplant.

How it Works?

Similar to Income Protection, a Critical Illness Insurance policy eases financial pressures by paying a tax-free lump sum if you become seriously ill or disabled. In order to receive the tax-free sum, you will need to have survived for a month after becoming seriously ill for the policy to pay out.

A Critical Illness Insurance policy can be taken out as a single or joint policy – which can be useful as it will provide financial security if you or your partner have to leave employment to care for the other. With joint policies the tax-free lump sum is normally paid only once on the first claim. If you have children most insurance providers include cover for children in their standard policies, ensuring that your children’s welfare is taken care of if they become seriously ill or disabled.

Why use Contact Insurance for Critical Illness Insurance?

Contact Insurance is an expert Critical Illness Insurance broker. We will identify and facilitate the best insurance products available to you. We can search whole of market and deal with insurance company details both online and offline and in the majority of cases, secure cheaper deals than going direct to the insurance company.

Contact Insurance is an insurance broker. We offer the same convenient online comparison tools available all over the web these days; the difference is that you have access to free insurance advice, over the phone, through us. Insurance can be a complicated subject. Insurance companies often use the small print in their policies to avoid paying out. Simply put, if you don’t get the insurance application right, it can all go wrong when you make a claim.

At Contact Insurance we like to ensure that you have No Worries when it comes to arranging the right policy for your needs. We will monitor the process from start to finish and keep you appraised as developments arise. We will liaise with underwriters, insurers, medical bodies and primarily you, to provide the very best service available.

We are proud to be one of the most respected young insurance brokers in the UK. We are also one of the fastest growing insurance brokers in UK. You deal with real people, based at our offices in Cheltenham, where we manage the process for you, and strike the right balance, being highly professional and very personable.

Contact Insurance simply offers first class levels of service, responsiveness and help