SERIOUS ILLNESS INSURANCE
Ease the financial pressure of serious illness
Serious illness can strike at any time – one in three people in the UK will develop some form of cancer during their lives*. At an average cost of £570** a month, it’s no surprise one in five have problems paying their bills.
WHAT IS IT?
Serious Illness Insurance pays a lump sum should you suffer any of a list of defined medical conditions or surgical procedures. The lump sum can be used to help ease some of the financial problems that will inevitably occur, such as maintaining mortgage payments, making adjustments to the home and accessing treatment.
HOW IT HELPS
Being diagnosed with a serious illness can cause a lot of anxiety – even if it’s at an early stage or of a less severe form. You may have to take time off work for treatment, which can cause stress and financial worries.
**Cancer’s Hidden Price Tag”, Macmillan Cancer Support 2014
GET SOMETHING IN RETURN FOR YOUR PREMIUMS
One of our award winning partner insurers rewards you for staying healthy. Depending on your levels of activity and the options chosen, you could earn money-saving rewards, such as:
• Get an upfront premium discount of up to 60% on Whole of Life cover and 40% on Fixed Term cover*
• Up to £125 cashback each year*
• Get discounts on a range of fitness trackers*
• 40% off Virgin Active and Nuffield Health monthly gym membership fees (a joining fee applies)*
• A weekly reward cinema ticket at Cineworld or Vue*
• Up to 40% off return economy flights to the UK and Europe with British Airways *
• And many more besides.
*T&Cs apply. Contact us today for more information
FREQUENTLY ASKED QUESTIONS
What conditions are covered?
Plans will cover serious conditions including most cancers, heart attack, severe respiratory disease, stroke and other life threatening illnesses. Some providers will cover you for up to 174 serious conditions.
Can I tailor my Serious Illness Cover?
Most providers will allow you to add extra options like a Serious Illness Booster or a range of other cover options.
What’s the difference between Life Insurance, Income Protection and Serious Illness Cover?
Life Insurance pays a lump sum to your loved ones if you die. Income Protection Insurance pays out an income if you are off work due to accident or illness for a prolonged period. With Serious Illness Insurance, if you’re diagnosed with an illness that’s covered, the payment goes to you to help support you through your recovery period.