CRITICAL ILLNESS INSURANCE

Critical illness insurance is becoming more and more important.  A critical illness can prevent a person from working for a significant amount of time, which can have serious repercussions for families or an individual’s security. How would you pay your mortgage and your bills? How will you meet any additional costs you may have as a result of your condition?  These are questions that we should all be asking ourselves.

There are no restrictions placed upon what the financial payout can be used for, therefore if you have a secure critical illness insurance policy in place and make a successful claim you can use the money as you see fit and is necessary. We highly recommend considering our critical illness insurance sooner, rather than later as premiums begin to rise as we get older.

We advise our clients not to overlook critical illness insurance in favour of life insurance, very often securing both alongside each other is a cheaper option than buying cover seperately. If you or your loved one is diagnosed with a critical illness it can be an enormously stressful time for everyone, knowing that you are financially secure can decrease stress and worry immeasurably. A cash lump sum can provide peace of mind and some breathing space during a time of real difficulty. At Boutique Financial, we can arrange critical illness insurance cover based upon your previous medical history and we can also help customers with complex needs.

Legal and medical jargon can be intimidating, but we will do all of the hard work for you on your behalf. It is imperative to disclose all of your medical history honestly, leaving details out (for example not admitting to smoking) can render your policy void and leave you in a position whereupon you do not receive your payout when it is most needed.

There are hundreds of critical illness insurance policies available and each one can have different variables, our expert advisers will ensure that you get the most suitable cover for your needs. Please get in touch for more information.