The Importance of Critical Illness Insurance

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Things happen in life. At any point we can become ill or suffer an accident that causes us injury. Life changing illnesses and injury can have a serious impact on the life of an individual and that of his or her family life. In the worst case scenario what happens the next time you have to pay a bill, or if you are unable to work at all due to the illness you are suffering with. Critical illness insurance is a safety net against these circumstances, ensuring that you and your family are covered in the worst case scenarios of illness and injury.

At Central Mortgages we have an extensive network of insurance suppliers, ensuring that you can find the correct cover for your specific wishes. Critical Illness Cover can be found to protect against several specific injuries and illnesses, with strict conditions that work out exactly how and when you are paid in the event of an illness or injury – this includes the type of illness you are suffering from, the severity of said illness, and the specifics surrounding its impact on your life. Once critical illness cover has been released, a tax-free lump sum of money can make a huge difference to your life.

Critical illness cover when paid out will help you to cover the cost of any future care that is required, cover the cost of rehabilitation, as well as to help make any adaptations to the home or transportation. It helps to manage finances at a time where cashflow is up and down to an inability to work in many cases.

For more information contact the Central Mortgages team on 01277 630183 or office@centralmortgages.net.