Serious Illness Cover

Serious Illness Cover, also known as “Specified Illness Cover” or “Critical Illness Cover”,  is designed to pay out a once off tax free lump sum in the event that you are diagnosed with a serious illness which is covered by your policy.  The benefit can be used to pay off any outstanding loans or to replace any lost income

Every Serious Illness policy will differ depending on the life company it is provided by and the list of specific illnesses that Life Company will cover.

Serious Illness can be taken as a stand alone policy or it can be added as an additional benefit to a Life Insurance or Mortgage Protection policy.