Critical Illness Cover in Nottingham

Claim a free insurance review in Nottingham today

Reviews io White Logo

Read our 269 Reviews

Reviews IO Stars

What is Critical Illness Insurance?

Critical Illness Insurance is used in a lump sum when a critical health incident such as a heart attack, stroke, or being diagnosed with a certain form of cancer has happened to you. Having this policy in place provides a financial blanket in case you become ill from any of the illnesses stated in the policy you have taken out. Make sure to read from top to bottom all documentation, as not all illnesses are covered, you’ll have more information on this in your policy.

 

If you fail to disclose any health conditions during the application stage, your claim will be denied. This does not apply to conditions you were unaware of or were not present at the time of application. The lump-sum is paid out providing the condition is mentioned in the policy. This applies even if they have or can return to work.

 

It’s entirely up to the claimant what to do with the lump sum. Most choose to use the money to repay their mortgage, pay for medical care or make any developments to their property. If you are looking for Protection Advice in Nottingham, we always suggest you speak with a qualified Protection Specialist in Nottingham before taking out any type of cover.

 

You are more likely to claim on Critical Illness Cover than you would be with Life Insurance, so this can be more costly. Your Protection Specialist will help you find the most suitable deal. There is a higher chance of you surviving the types of conditions covered than it was 30 years ago. If you do unfortunately become ill with any of the conditions, this can create financial hardship, especially if you have a mortgage, children, or any large credit commitments.

 

We search 1000s of mortgage deals across a large number of lenders, including:

Mortgage Lenders 001
Mortgage Lenders 002
Mortgage Lenders 003
Mortgage Lenders 004
Mortgage Lenders 005
Mortgage Lenders 006

Common Critical Illness FAQs in Nottingham

Our Protection Advisor in Nottingham has an understanding that each person’s lifestyles are different from one another. However, this doesn’t mean that unforeseen circumstances won’t occur, leaving you in need of financial support.

 

Critical Illness Cover can help you cover your finances in these situations. It is common for employers to provide sick pay to their employees. However, this doesn’t last as long as it’s offered for a short period.

Why should I get critical illness cover when I have life insurance?

If you get critically ill, you are more likely to survive and recover. As mentioned, the lump sum can be used for anything. Some people use it to fund recovery, pay bills and relieve general financial stress.

Can I buy a Critical Illness cover for both me and my partner?

Joint critical illness cover can be an option, in case you or your partner gets critically ill, it will help provide you with the funds you need. The only drawback for this is that it will pay out in full, even if only one of you gets critically ill.

 

Unlike critical illness cover, income protection will be guaranteed to pay out if you are unable to work. This will be carried on until you are able to work again or if you sadly pass.

Why Choose us for Critical Illness Advice in Nottingham?

Our qualified Protection Advisors in Nottingham will provide a tailored service that can help you find the most suitable cover for you and your circumstances. Furthermore, we understand that affordability is key, which is why we find the type of cover that is fitting for your family’s priorities and budget.

 

All our customers are offered a free, no-obligation protection review which involves speaking to one of our Insurance Advisors in Nottingham who will assess your suitability as well as look into existing policies in place. Remember, insurance could be very beneficial for your future.

 

If you are looking to take out a menu plan (one or more insurances at once) we can also help with that! All you have to do is get in touch with our Mortgage Broker in Nottingham and speak with our team and we can run through some quotes with you.

Reviews Stars4.94 Rating269 Reviews

Handy quick links

Nottinghammoneyman.com & Nottinghammoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is Registered in England, No. 6789312 | Registered Address: 10 Consort Court, Hull, HU9 1PU.

Authorised and Regulated by the Financial Conduct Authority.
We are entered on the Financial Services Register No. 627742 at www.register.fca.org.uk

The information contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK.
Should you have cause to complain and you are not satisfied with our response to your complaint, you may be able to refer it
to the Financial Ombudsman Service, which can be contacted as follows

The Financial Ombudsman Service, Exchange Tower, London, E14 9SR
www.financial-ombudsman.org.uk

© 2022 Nottinghammoneyman

Nottinghammoneyman, Gothic House, Barker Gate, Lace Market, Nottingham, NG1 1JU.

Moneyman Logo







Moneyman Logo




Moneyman Logo

Ask Your Question





    Moneyman Logo

    Moneyman Logo







    Moneyman Logo

    Book your Free Consultation

    7 Days 8am - 10pm

    Moneyman Logo

    Moneyman Logo