Critical Illness

If your doctor diagnosed you today with cancer, a heart problem or suffering from a serious illness, would it turn you from being independent to becoming reliant on others?

The one-off lump sum payment you receive from critical illness cover is designed to help support you adapt to major life-changing illnesses. If you have a stroke, you may need to adapt your car or buy a bigger car to make it easier to get around. After recovering enough from illness you may be unable to get the same job you previously had so you may need funds to retrain for a different occupation.

At Chase Templeton Ltd, we would recommend you include critical illness cover with term life insurance in your mortgage protection policy so, should the worse happen you'd have cover. Critical Illness Cover protects you financially by paying a lump sum if you're diagnosed with any of the specified illnesses; Cancer, heart attacks, strokes, permanent and or total disability, paralysis, major organ transplants and coronary artery bypass surgery are included plus other specified major illnesses.

Over the last few years critical illness insurance in the UK has become more popular, mainly due to the large increase in coronary problems.

Over the last decade workers in the UK have begun to work longer and harder than most European countries resulting in more stressful lifestyle than that on the continent.

As a result of this increase, a large percentage of men in the UK will suffer from a heart problem rather than die. The second most common illness is cancer which is also increasing in the United Kingdom.

Many suffering from a critical illness will therefore survive but will be unable to work for some considerable time. If the loss of income is also a concern to you then consider Income Protection.

More information about Group Medical Insurance

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