Why you shouldn’t ignore critical illness cover

Saving and investing are always at the heart of a financial plan, so you can be sure you’re on course to achieve your future goals.

But it’s easy to make one big mistake – believing that this journey will go smoothly and that you won’t ever get knocked off course.

So what would you do if an emergency did arise, such as an unexpected health crisis?

That’s where critical illness cover comes in, giving you a safety net to ensure your quality of life in the face of unanticipated problems.

Financial security while you recover

If you find yourself unable to work because you have a serious health problem, your main source of income will be cut off. Yet you will still have bills to pay and expenses to cover.

With critical illness cover in place, you can receive a tax-free lump sum payment, should you be diagnosed with a critical illness which meets policy requirements. Meaning you can be confident that your day-to-day outgoings will be met even if you’re without a regular income, so you can focus solely on your recovery.

Cover medical expenses

If you need treatments, medications and therapies that aren’t available on the NHS, critical illness cover can provide you with a lump sum payment to cover the cost of any private treatment, consultations and rehabilitation you may need.

Ease the burden on your family

If you develop a serious illness and find yourself unable to work, then you’re not the only person affected. The impact on your family can be massive too.

By taking out critical illness cover, you can be certain that your partner, children and other dependents can maintain their quality of life for as long as you’re not bringing in a wage.


Critical illness cover doesn’t come with a one-size-fits-all approach. Instead, you can use the money in a way that best suits you, so you could use it to, perhaps, pay for private medical treatment, adapt your home or pay your mortgage bills.

Peace of mind

When you take out a cover policy, such as home insurance, you obviously hope that you’ll never actually need to make a claim.

But the fact that it’s there gives you invaluable reassurance that you have protection in place in case an emergency does arise.

It’s exactly the same with critical illness cover; you can live your life knowing that you and your family will be able to cope financially if you develop a serious health problem.

That’s beyond priceless, providing a life free of worries about whether you can manage if the worst happens, and ensuring you’re still on course to achieve your longer-term financial goals.

If you have any questions about making sure your financial plan is resilient and provides safeguards for the future, please don’t hesitate to get in touch and we’ll be happy to speak with you.


*Critical Illness plans typically have no cash in value at any time and cover will cease at the end of term. If premiums stop, then cover will lapse. Plans may not cover all the definitions of a critical illness which can vary between product providers.

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