Critical Illness Cover in Scunthorpe provides a tax-free lump sum if you are diagnosed with a serious medical condition listed in your policy, such as cancer, a heart attack, or a stroke.
This type of cover is designed to ease financial pressure during a difficult time by giving you a lump sum that can be used however you need.
How does Critical Illness Cover work?
If your diagnosis meets the conditions outlined in your policy, the insurer will pay out a lump sum. This payment is made regardless of whether you are able to return to work.
The money can be used for anything, including paying off your mortgage, funding private medical care, or making changes to your home to help with mobility.
Why are some claims declined?
Most major insurers pay out on more than 90 percent of claims.
When claims are declined, it is usually because the illness is not covered by the policy or because a pre-existing medical condition was not disclosed when the policy was taken out.
Being honest about your medical history is essential to ensure that your cover remains valid.
Choosing the right Critical Illness Cover in Scunthorpe
Not all policies cover the same conditions, so it is important to check the details before committing. Some insurers may include a broader range of illnesses, while others focus on specific conditions.
Since the likelihood of claiming is much higher than with life insurance in Scunthorpe, critical illness cover is generally more expensive.
The importance of critical illness cover in Scunthorpe
Medical treatments have advanced significantly, and survival rates for serious illnesses have improved over the years.
However, the financial strain of being unable to work can still be overwhelming. Many homeowners and parents choose critical illness insurance to provide extra security for themselves and their families.
Get expert advice on critical illness insurance
We believe everyone should have access to the right protection for their needs. That is why we offer a free, no-obligation protection review.
If you already have policies in place, we can assess whether they still suit your circumstances. If not, we will help you find the right combination of critical illness cover and income protection to fit your budget.
Date Last Edited: February 19, 2025
