Critical Illness Cover

Prepare for the unthinkable with Critical Illness Cover. You may not be able to predict a critical illness but you can at least prepare for it. If you are unfortunately diagnosed with a serious medical condition, then this form of life insurance is designed to pay out and assist you with your financial costs, helping to keep you and your family’s future secure.

Key features

  • Up to 161 illnesses covered
  • Lowest price guarantee*
  • Up to £250 annual cashback**
  • Free FCA regulated advice***
  • Defaqto 5 star rated insurers

Read more on Critical Illness Cover

Preparing for Critical Illness

Facing a critical illness can be one of the most difficult challenges in life. There is so much to consider—making decisions about your care, remaining financially stable, meeting your family’s day-to-day needs, coping with the emotional stress and more.

Life changing and devastating, a critical illness can come as a complete shock but discovering you don’t have the right plan in place to get by financially, can be even more troubling. You really can’t predict a critical illness, but you can certainly prepare for the financial impact it would have on you and your family.

Designed to help you when you need it most, a critical illness cover will help ease financial pressures allowing you to focus on your health and getting better. A critical Illness policy pays out a tax free lump sum or monthly income until the cover ends in the event that you are diagnosed with a specified critical illness during the term of your policy.

The most common claims are for cancer, heart attacks and strokes. Most policies will cover you for around 40 illnesses; however a comprehensive policy can cover you for around 160 illnesses.

Thanks to recent medical improvements, the survival rates for critical illnesses are improving but what happens after your diagnosis? Household bills such as mortgage payments, council tax and utility bills are just some of the things that could suffer if you unexpectedly fall ill.

The majority of people who suffer from a critical illness are not able to commit themselves to the same working hours as they did before; meaning their annual income inevitably suffers. A Critical Illness Cover will allow you to be prepared – whatever the outcome.

A critical illness can happen to anyone:

Cancer
In 2010, 324,579 people in the UK were diagnosed with cancer with the four most common cancers being breast cancer, lung cancer, prostate cancer and bowel cancer (Cancer Research UK). It has been estimated that more than 1 in 3 people will develop cancer at some point in their lifetime (Macmillan Cancer Support).

Heart Attack
The UK has one of the worst heart attack rates in the world. It’s estimated that someone has a heart attack every two minutes in the UK.  More than 1.4 million people have angina and each year about 275,000 people suffer a heart attack (BBC Health).

Stroke
Around 150,000 people have a stroke in the UK every year, equivalent to one every five minutes. It is also the single most common cause of severe disability (Brain Research Trust).

Critical Illnesses covered
The list below is an example of the most common critical illnesses that are usually covered under Critical Illness Cover (please be aware that the actual number and type of illnesses covered can vary from Insurer to Insurer so it’s important to always seek expert advice):

  • Alzheimer’s disease
  • Aorta graft surgery
  • Aplastic anaemia
  • Bacterial meningitis
  • Benign brain tumour
  • Benign spinal cord tumour
  • Blindness
  • Cancer
  • Cardiomyopathy
  • Coma
  • Coronary artery bypass grafts
  • Creutzfeldt-Jakob disease (CJD)
  • Crohn’s disease
  • Deafness
  • Dementia
  • Ductal carcinoma in-situ
  • Encephalitis
  • Heart attack
  • Heart valve replacement or repair
  • HIV infection
  • Kidney failure
  • Liver failure
  • Loss of independent existence
  • Loss of hands or feet
  • Loss of speech
  • Lung disease
  • Major organ transplant
  • Motor neurone disease
  • Multiple sclerosis (MS)
  • Multiple system atrophy
  • Open Heart Surgery
  • Paralysis of limbs
  • Parkinson’s disease
  • Pneumonectomy- removal of a complete lung
  • Primary Pulmonary Hypertension
  • Progressive Supranuclear Palsy
  • Pulmonary Artery Surgery
  • Stroke
  • Systemic Lupus Erythematosus
  • Terminal illness
  • Third degree burns
  • Traumatic head injury
  • Total permanent disability
  • Ulcerative colitis

Why do I need critical illness cover?

Thanks to recent medical improvements, the survival rates for critical illnesses are improving but what happens after your diagnosis? Household bills such as mortgage payments, council tax and utility bills are just some of the things that could suffer if you unexpectedly fall ill.

The majority of people who suffer from a critical illness are not able to commit themselves to the same working hours as they did before; meaning their annual income inevitably suffers. A Critical Illness Cover will allow you to be prepared – whatever the outcome.

With critical illness statistics on the rise, it’s important to have peace of mind of knowing that in the event that you are diagnosed with a critical illness, the policy has you covered. Your  policy will pay out a tax free lump sum (or a monthly income) that can be used towards providing financial support to maintain you and your family’s quality of life.

The funds can be used for any purpose including repaying all or part of your mortgage, household bills, replacing lost earnings or the cost of any medical care or specialist treatment.

Why is life insurance cheaper than critical illness cover?

Do not be put off by price. You are around five times more likely to claim on a critical Illness policy than a life insurance policy for this reason; life insurance policies tend to be a lot cheaper than a critical illness policy. If premiums for critical illness cover seem expensive, contact us and we can advise you on ways to reduce the cost of your cover.

What is Children’s Critical Illness Cover?

Children’s critical illness cover could be an important benefit if you are a parent. This cover is usually included free as part of your policy and is designed to pay out a small lump sum of up to £25,000 if your child is diagnosed with one of the illnesses covered by your policy. The terms of this cover can vary between insurers. If this is important to you it’s definitely worth speaking to one of our insurance advisers.

Why should I use a specialist broker or independent insurance adviser?

Critical illness insurance is a complex product. Premiums, exclusions and payouts can vary greatly. Because the cost of getting it wrong is so high it makes sense to get some expert help. If you’re thinking about taking out critical illness cover speak to one of our specialist insurance advisers and they provide you with advice and quotes on the most suitable cover for your needs and budget.

Why use our service

  • Access to all the Major UK insurance providers – We do the shopping around for you.
  • Price Promise – We will not be beaten on Price*
  • Discounts & Cash Back Offers – Adding more value to your cover**
  • Peace of Mind – Authorised and Regulated by the Financial Conduct Authority***
  • Free No-Obligation Advice – Best advice for your circumstances, needs & budget.
  • Convenience and Speed  We take care of the paperwork on your behalf.

We recommend the best policy, from a huge range of the UK’s leading insurers:

life-insurance-underwriters

Our best insurance deals are not available online; so for the best quote please leave your details or give us call and let us impress you!

1) Cover Details

2) Your Details

* If you find a cheaper like for like policy within 30 days of your policy starting and we are unable to match it we will give you up to £50 in shopping vouchers.

** For policies that are taken up in the promotional month indicated, we will pay cash back up to a maximum of £250 each year from the commission we receive from the insurer for up to the first 4 years. Our standard Terms and Conditions will apply.

*** Permanent Alliance are authorised and regulated by the Financial Conduct Authority to give advice and make recommendations on general insurance products and services.