Critical Illness Cover in Hull

Common Critical Illness FAQs in Hull

As a Protection Advisor in Hull, we understand that each person’s lifestyles are different to one another, however, this doesn’t mean that unforeseen circumstances won’t occur, leaving you in need of financial support.

Critical Illness Cover can help you cover your finances in these situations. It is common for employers to provide sick pay to their employees, however, this doesn’t last as long as it’s offered for a limited period of time.

Why should I get critical illness cover when I have life insurance?

With today’s medical advances, if you get critically ill, you are more likely to survive and recover. As mentioned, the lump sum can be used for anything. Some people use it to fund recovery, pay bills and relieve general financial stress.

Can I buy a Critical Illness cover for both me and my partner?

Joint critical illness cover is an option that is there for if you or your partner gets critically ill, providing you with the funds you need. The one drawback for this is that it will pay out in full, even if only one of you gets critically ill.

How does critical illness cover differ from income protection?

Critical Illness cover is paid out in a lump sum if you become ill with any of the conditions listed on the policy. This is done to support you and your family, whereas income protection is paid out in the form of an ongoing income. This is helpful in the event of being unable to work and has the option to be paid all the way to retirement age.

Unlike critical illness cover, income protection will be guaranteed to pay out if you are unable to work. This will be carried on until you are able to work again or if you die.