Serious Illness insurance pays out a tax free lump sum if you are diagnosed with one of the specific illness or disabilities that your policy covers.
It is also sometimes called critical illness cover
It is also sold as an extra benefit on a life insurance or mortgage protection policy
It is important to realise, when considering this type of cover, that it would not replace your income if you were out of work because of along term illness.
Some illnesses may be serious enough to prevent you from working full-time but are not covered by serious-illness policies and, even where the illness is covered, the policy pays a one-off lump sum and not an ongoing income.
Listed below are the other types of cover available to you, click on each one for a description:
We are always on hand to offer the best possible advice at a time and place that suits you. Feel free to visit us at our offices at 26 Market Square, Navan or click the option to request a free quote or further information
+353 (0)46 9077758 26 Market Square, Navan, Co Meath