Critical Illness Insurance Cover will pay you the tax free lump sum you insured for if you are diagnosed as having any one of a wide range of specified illnesses including certain types of cancer, heart attack, stroke, brain tumour and many more.
Because Critical Illness Insurance Cover (CIC) pays out when an illness or event specifically listed in the policy happens, it is vital to get the most comprehensive policy. Buying purely because it’s the cheapest is not always the best option in life, but never more so than with Critical Illness Cover. A basic plan can cover the most often occurring critical conditions, but a comprehensive plan covers many more including loss of sight, total permanent disability and hearing loss, as well as many of the very specific types of Heart Attack or Cancer, cheaper policies will ignore.