Critical Illness Insurance

What is Critical Illness Insurance?

Critical illness insurance is a type of policy that provides a lump sum payment if you’re diagnosed with a serious illness covered by the policy. This payout can help you manage medical expenses, mortgage payments, household bills, and loss of income while you focus on recovery.

Common conditions covered include:

• Cancer
• Heart attack
• Stroke
• Multiple sclerosis
• Organ failure
• And many more (depending on the policy)

Unlike life insurance, critical illness cover pays out while you’re still alive, helping to ease the financial strain of long-term illness.

How Can We Help with Critical Illness Insurance?

At Moneybox Financial Management Limited, we make sure you have the right protection in place to support you if the unexpected happens. Here’s how we help:

• Tailored Cover – We help you choose a policy that covers the illnesses most relevant to your circumstances.
• Policy Comparisons – We work with leading insurers to find the best deal for your budget and needs.
• Expert Advice – We explain what’s covered, what’s not, and how to get the most from your policy.
• Seamless Application – We handle the paperwork and guide you through the process from start to finish.
• Combination Options – We can combine critical illness cover with life insurance for full protection.

When is Critical Illness Insurance a Good Idea?

You should consider critical illness cover if:

• You have a mortgage or rent and would struggle to make payments if you couldn’t work.
• You have dependents who rely on your income.
• You’re self-employed and don’t have sick pay benefits.
• You want financial security in case of a major illness.
  You want peace of mind knowing you’ll have funds to cover treatment, rehabilitation, or household bills.