Critical Illness
We never think a critical illness is going to happen to us, especially when we feel fit and healthy, but it can and does. If the worst does happen, it’s important to make sure you’re financially protected against the impact a critical illness could have on you and your family.
Peace of mind when you need it most
Critical illness cover could help to minimise the financial impact on you and your loved ones.
For example, if you needed to give up work to recover, or if you passed away during the length of the policy, the money could be used to help fund the mortgage or rent, everyday bills, or even simple things like the weekly food shop – giving you and/or your family some peace of mind when you need it most.
After surviving a critical illness, sufferers may not be able to return to work straight away (or ever) or may need home modifications or private therapeutic care. It is sad to contemplate a situation where someone survives a serious illness but fails to survive the ensuing financial hardship.
Preparing for the worst is not something we want to think about when feeling fit and healthy, but you never know what life is going to throw at you next.
What is critical illness cover?
Critical illness cover, either on its own or as part of a life assurance policy, is designed to pay you a tax-free lump sum on the diagnosis of certain specified life-threatening or debilitating (but not necessarily fatal) conditions, such as a heart attack, stroke, certain types/stages of cancer and multiple sclerosis.
A more comprehensive policy will cover many more serious conditions, including loss of sight, permanent loss of hearing and a total and permanent disability that stops you from working. Some policies also provide cover against the loss of limbs.
WE ARE BASED IN HAMPSHIRE AND FOR OVER 40 YEARS OUR NUMBER ONE PRIORITY HAS BEEN, AND CONTINUES TO BE, TO ENSURE THAT OUR CLIENTS ARE IN THE BEST POSSIBLE FINANCIAL POSITION TO SECURE THEIR LONG TERM FUTURE.
Matt Wood
Head of Operations, AMFA
ASK FOR A NO-OBLIGATION CONSULTATION
But not all conditions are necessarily covered, which is why you should always obtain professional advice. Find out how we can help by calling us on 02380 420 606 to find out more and arrange a no-obligation consultation.
First class service received from Dave Robertson and team, who oversaw the smooth transfer of my funds and provide ongoing support and advice, with a personal and highly professional service.
Mr S GOMM