Critical Illness

Critical illness policies pay out in the event that you are diagnosed with a specified critical illness. Like life cover it pays out a lump sum, the objective of which is to help you fund changes which may need to be made to your lifestyle as a result of that illness. For example, you may need to move house to be nearer relatives or friends. You may need to make changes to your existing house to meet new mobility  requirements, or you may wish to pay off your mortgage and reduce you outgoings. Alternatively, you may simply want to give up worrying about money and make the most of your opportunities whilst you can. Like PHI, Critical Illness cover can be just as beneficial, maybe more so, for single people with no dependents as it could be the only source of ongoing financial support in the event of serious illness.

If you would like to know more about how The Medical Insurance Advisory Bureau can help you with this, please complete our online enquiry froms and one of our associate advisers will contact you. Alternativey you can call us on 01438 730210