Critical Illness

Critical Illness

Critical Illness – Critical illness cover is an insurance product designed to protect individuals from the financial effects of a critical illness. Product providers may be specific as to which illnesses they insure and it is important to be absolutely certain of this when considering the most appropriate critical illness insurance provider.  As the terms and conditions of critical illness can be complex, professional help should be sought to ensure that you are able to protect yourself appropriately.

Critical illness policies may vary significantly between insurers, as some may cover more illnesses than others, in addition to some being more specific as to which instances of which critical illness is covered. Before securing a critical illness policy, you may need to be medically underwritten and insurers may also ask questions regarding the history of illness in your family. A policy generally pays out a defined lump sum upon diagnosis of a critical illness. Some policies include added life insurance cover and should the holder pass away, the policy would also pay out.

Our Advisers at David Nathan Associates are able to save you time and hassle in looking for your critical illness policy. We are able to go through the terms and conditions, making sure they are appropriate to your needs. In addition to this, we take care of many of the formalities associated with applying for critical illness insurance. Our role is to obtain the most suitable and cost effective policy for your needs and requirements.