Many people now have or are thinking about “Critical Illness Insurance Cover”.
This is an insurance plan that will pay out a lump sum if you contract one of a number of serious named illnesses or conditions.
Critical illness cover can be really important in protecting you from the financial consequences of providing for a family or having an expensive mortgage when serious illness strikes.
Many life insurance companies offer these policies but each will vary in the illnesses they cover and the price they charge.
Acumen have specialist advisers who can produce an individual report assessing the best policy for your particular circumstances. The report will highlight what conditions are and aren’t covered, and will produce a ‘scorecard’ to help decide which company is the most competitive.
This report will be provided free of charge.
We can then advise on:
- The most suitable insurance company
- The most cost-effective illness insurance policy
- The right amount of critical illness cover
We can also advise on putting a policy into trust, which can offer a number of other benefits such as making sure the money goes to exactly those you intend it to.