If you or your partner suffered a massive heart attack, would you be able to cover the sudden drop in income?
Critical illness cover provides peace of mind and financial security in the event you or a loved one become seriously unwell.
It is never pleasant to think that you could experience a severe medical episode like a stroke, but is leaving yourself without the right financial protection in place worth the risk? A serious illness may render you unable to work for a long time, and if you don’t have savings or some sort of contingency in place, this could lead to being unable to make mortgage payments and more.
You should consider taking out critical illness cover if you:
- You don’t have sufficient savings to cover your living expenses
- Your employer does not provide a sickness benefits package