Critical Illness Cover

Critical Illness Cover is an insurance product that enables you to receive money for yourself or your family in the event you were diagnosed with a Critical Illness.

This money can be used to support your family financially by replacing the household income which has been lost if you need to take time off work to recover, it can be used to seek private medical treatment for the condition you are suffering from, or it can even be used to pay off a large debt such as your mortgage to make the ongoing household bills more affordable for you and your family during what will no doubt be a difficult time.

You pay a monthly premium for Critical Illness Cover which is dictated by your age, health, lifestyle and how much cover you need, as well as the type of policy you have. The different types of cover are either a decreasing term which reduces in line with the mortgage over time or it could be level term which means the amount of cover remains the same throughout the full duration of the policy.