If you are diagnosed with a critical illness, your finances are the last thing you want to worry about.
The sad reality is you may need to take time off work for your treatment and recovery if you’re really unwell.
Critical illness cover (CIC) is designed to help, paying out a tax free lump sum when you are diagnosed with one of the defined critical illnesses covered by your policy.
Your adviser will be able to work with pretty much any budget to get you the cover you need.
At Advantage we have the tools and experience to work out how much your family would need in order to live comfortably if you were to becomce seriously ill.
The exact illnesses covered by critical illness policies vary between providers. Some insurers offer over definitions on their plan, it’s important not to get too caught up in the definitions. Over 75% of claims fall within what the industry calls the ‘Big Four’. Any guesses on what these ‘Big Four’ include? Unsurprisingly the overwhelmingly most claimed upon definition is Cancer, followed by Heart Attack, Stroke and Multiple Sclerosis.
Most modern policies include specific cover for your children when you take out a policy. You can often enhance this cover at a cost.
We use cutting edge technology to ensure you have the best cover around!
