Nobody wants to think about suffering from a life-changing illness but getting the right protection in place now can provide peace of mind.
Why critical illness cover?
Some of the statistics on serious illnesses can be alarming. For a non-smoking couple in their thirties, for example, there is a one in four1 chance of one partner developing a serious illness before reaching retirement age.
Critical illness cover pays out a lump sum to help you financially in this difficult situation.
If diagnosed with a specified illness, the money you receive can help pay off a mortgage or provide financial support during a period of being unable to work.
Peace of mind – now and later
In the unthinkable scenario of developing a serious illness, the risk of financial burden will be eased. But it is not only your future self who will thank you for taking out critical illness cover. Policyholders and their loved ones benefit from the vital peace of mind that comes with knowing you’ll be able to meet key financial commitments wherever life takes you.
1LV, 2024
It is important to take professional advice before making any decision relating to your personal finances. Information within this article is based on our current understanding and can be subject to change without notice and the accuracy and completeness of the information cannot be guaranteed. It does not provide individual tailored investment advice and is for guidance only. Some rules may vary in different parts of the UK.