Critical Illness Cover and Health Insurance

Critical Illness

Will the cover work alongside Permanent Health Insurance?

Critical illness assurance is mostly taken out by people for cover to pay a lump sum to repay their mortgage, pay medical treatment or to alter their homes should they become ill.

Income Protection (IPB / PHI) is also available and pays a regular amount to replace your income should you be too ill to work.

It is usually recommended that people protect their income with a Permanent Health Insurance policy and that they also have sufficient Critical illness cover to at least repay their mortgage.

In a perfect world you would take out the maximum Income Protection that you can and also enough Critical illness cover, not only to repay your mortgage but also to provide you with a lump sum that would be able to cover you for every future eventuality. However in reality most clients can not afford to do that, therefore you need to work out what you can afford and importantly what your priorities may be.

Permanent Health Insurance is only designed to replace your income, so it will stop when you reach retirement, but critical illness assurance cover can be bought on a Whole of Life basis, meaning that the cover will continue until you die, or until you stop paying the premiums.

Daai Financial Independent Tailoring can advise you further on how such policies can be combined to attain you the best overall level of cover or any other questions you may have on critical illness assurance.

Our critical assurance comparison service is free (unless you opt to pay a fee for our advice).

Our staff are not paid commission on the products they sell, but are salaried. This means that they will act in your best interests, in a truly independent manner when comparing and advising you on the critical illness assurance policies available to you within the UK marketplace.

Comparing critical illness assurance with us means that you will have access to the entire UK critical illness assurance marketplace. All you need to do is complete our online quote form by click on the Get a Quote button above.

Daai Insurance Services Limited is authorised and regulated by the Financial Services Authority. This can be checked on the FSA Register by visiting its web site at www.fsa.gov.uk/register.
Daai Insurance Services Limited. Company No: 856706 registered in England at Shurdington Road, Cheltenham Spa, Gloucestershire GL51 4UE.