Do I Need It?
Life can sometimes take an unexpected turn, and nobody knows just what is around the corner. Critical illnesses can affect anyone, at any age. However, you can make sure you’re prepared financially if you lose your health. If you and/or your family rely on an income coming in, you need critical illness cover unless employers’ sick pay or government benefits will cover all your outgoings.
If you're diagnosed with a critical illness such as cancer for example, critical illness cover’s lump sum can help with your and your family's finances while you recover. Some policies can cover you for serious (but not critical) conditions that can also impact your finances, and some life insurance policies can include (or can be enhanced to include) critical illness cover.
Without Critical Illness cover, you may be unable to work and meet your financial commitments and living costs. Not all employers offer sufficient sick pay, and government benefits rarely cover all your outgoings. Stress, anxiety and worry all impact our health negatively, and appropriate cover can alleviate at least one aspect of your life.