Critical Illness Cover

Critical illness cover is a type of insurance designed to provide financial support if you are diagnosed with a serious medical condition listed in your policy. If a covered illness or injury prevents you from working or managing daily expenses, this insurance pays out a tax-free lump sum to help ease financial strain.

The payout can be used in any way that suits your needs, whether to pay off a mortgage, cover lost income, fund home adjustments, or provide financial security for your family. As long as you maintain your monthly or annual payments, your cover will remain active throughout the term of your policy.

Different policies cover different conditions, and the severity of an illness may impact eligibility for a claim. It’s important to compare quotes to find the right cover that aligns with your circumstances.

Critical illness cover offers protection by paying out a lump sum if you’re diagnosed with a qualifying illness. This financial support can help cover essential costs, allowing you to focus on recovery without financial worry.

To make a claim, you’ll typically need to provide medical evidence, such as test results or a diagnosis from a specialist. Once the claim is reviewed and approved by your provider, the payout will be issued, and the policy will end.

As illnesses and coverage terms vary between providers, it’s important to review policy details carefully to ensure you have the right level of protection.

Fennel Financial leverages its expertise in the UK insurance market to help you navigate these complexities, ensuring that your Critical Illness Cover policy aligns with your financial goals and provides the security you need.