Critical Illness Insurance is designed to provide you with financial protection in the event that you are diagnosed with a specified critical condition during the term of the policy.
This is particularly important if you own a property and currently paying a mortgage. If you are unfortunate enough to be diagnosed with a critical illness, your insurer will pay out a tax-free lump sum directly to you.
This can then be used to replace earnings, cover your mortgage repayments, provide private health care or any other lifestyle changes that are required.
This is particularly important if you own a property and currently paying a mortgage. If you are unfortunate enough to be diagnosed with a critical illness, your insurer will pay out a tax-free lump sum directly to you.
This can then be used to replace earnings, cover your mortgage repayments, provide private health care or any other lifestyle changes that are required.