Critical Illness Cover

Critical illness cover provides you with a lump sum of money in the event that you are diagnosed with certain illnesses or disability. Our advisers are here to offer expert guidance that will enable you to decide whether critical illness cover is right for you.

How does critical illness cover work?

Critical illness insurance is designed to cover particular long-term illnesses and serious conditions, such as heart attack, cancer, stroke, loss of arms or legs, Parkinson’s disease and multiple sclerosis. These conditions and illnesses can prevent an individual from being able to work for a long period of time or potentially for the rest of their life, which can cause their finances to take a hit.

By having critical illness cover in place, you’re protecting your finances should the worst-case scenario arise.

What should the money be used for?

Facing a serious illness shouldn’t worsen your financial worries. Critical illness cover offers a lump sum payment, regardless of sick pay or state benefits, to ensure that you’re never out of pocket due to illness.

The payout can be used for:

  • Mortgage payments: Keep your home secure during a challenging time.
  • Monthly bills: Maintain financial stability for yourself and your family.
  • Unexpected expenses: Cover medical costs, treatment, or adjustments needed at home.

Should I take out critical illness cover?

This is a personal decision that hinges on your unique circumstances and financial goals. However, here are some questions to help you make an informed choice:

  • Are there other ways you could manage financially if you were diagnosed with a critical illness?
  • What level of peace of mind would having critical illness cover bring you?
  • How comfortable are you with taking on monthly premiums now for a potential future payout?
Health insurance image showing healthcare at the centre of a magnifier lens
Critical illness cover advisers meeting

Talk to us about critical illness cover

Worried about serious illness impacting your finances? Our financial advisers are here to help.

  • Explore different policies: We compare options to find the right fit.
  • Expert guidance: Get clear answers and informed advice.
  • Achieve peace of mind: Make confident decisions for your financial security.

 

Information given during the application will form part of the legal relationship between you and the protection provider. If any information is omitted or found to be incorrect it may mean that a claim is not paid, or the policy is amended or cancelled.

Get in touch

Fill in the form below and our trusted advisers will be in touch to provide expert advice.

Financial advisory in Worcestershire and Kent

Based in Droitwich Spa, we’ve proudly supported clients of all ages since 2004. The opening of our second office in Sevenoaks allowed us to extend our bespoke financial services even further, making SN Financial a trusted financial adviser for individuals, couples, families and businesses across Worcestershire, Kent and the rest of the UK.

Droitwich Office

5 Saltway, Droitwich, Worcestershire, WR9 8LB
01905 779697

Sevenoaks Office

46 Holly Bush Lane, Sevenoaks, Kent, TN13 3TL
01732 926255