Serious Illness Cover
Insurance policy dedicated to your precious health!
What is Serious Illness Cover?
This is cover that pays you out a tax free lump sum if you are diagnosed with at one of up 91 specified serious illnesses, including things like Cancer, Heart Attack, Stroke or MS. At a very difficult time it gives you funds that you can use to replace lost income, pay for treatment or cover the many, many additional costs that patients incur while going through treatment. If done right it means that you have one less thing to worry about and can concentrate on getting yourself the very best treatment and best recovery. It is normally a cover that is added on to you your life policy. We call it a living benefit, as it is cover designed to help you when you are still alive and to try and help keep you that way!
Why You Need
Serious Illness Cover?
There is a 25% chance that you will be diagnosed with serious illness before age of 65! This is a traumatic event that has health, emotional, mental and financial consequences. Having serious illness cover can alleviate so much of this when the worst happens and give you money that you can use to get the best treatment and give you the best chance of survival. It can also be used to replace income when you are unable to work.
The financial implication of any serious illness could be devastating to you and your family and even your business partners. It would have a considerable strain on the ongoing expenses, the outstanding debt and even the ongoing medical treatment. Not if you have a serious illness cover in place for exactly the time like these.