What is Critical illness insurance?

Critical illness is a type of insurance, often recommended alongside life insurance, which will provide you and your loved ones with financial help should the worst happen and you suddenly develop a serious health issue.

Diagnosis of a critical illness can have a significant impact on your finances as you may need to take time off work for your medical treatment and the road to recovery. Critical illness insurance is designed to help financially by paying out a lump sum and / or a monthly payment when you are diagnosed with one of the critical illnesses conditions covered by your policy.

State benefits support?

While some state benefits may be available to support people who fall ill, the benefit amount is unlikely to stretch very far and certainly not sufficient to avoid a significant change in you and your loved ones lifestyle.

An Instinct Financial Solutions advisor can help find and recommend the right insurance policy for your needs.