Many of us will suffer some kind of serious illness at some point in our life.
And there can be nothing worse, surely, than worrying about money at such a traumatic time.
Critical illness cover provides a tax-free lump sum to cover the costs which may result following the diagnosis of a serious illness or condition.
For example, costs may be incurred because of the need for long-term care, such as in a nursing home or hospital.
The illness or condition may require alterations to living accommodation, or the purchase of specialised equipment.
Whatever the consequences, critical illness cover can provide the money to help in such situations.
The range of illnesses and conditions covered by most companies usually include cancer, heart attack, stroke, transplants, multiple sclerosis, kidney failure, paralysis, blindness and loss of one or more limbs.
