While no one likes to think that they might become serious ill it pays to be prepared for what ever the future might throw at us. We often take our health for granted and nobody needs the added stress that a serious illness can bring to you or your family sometimes without any warning.
How it works
A serious illness plan is designed to pay out a lump should you be unfortunate enough to contract one of over 40 specified serious illnesses, such as cancer, hearth attack stroke etc. The lump sum payable from your serious illness plan is typically used as a replacement income or to pay a mortgage or cover any medical bills that you might have. Allowing you to hopefully recover and take away any financial stress for you and family.
A Serious Illness Insurance plan can be taken out as a single, joint or dual life policy. It can also be index linked in order to make it inflation proof. In another words your level of Serious Illness Cover increases every year as does your premium to keep pace with inflation.
The cost of your Serious Illness Insurance cover will depend on your age, health, smoker status, how much cover you might need and for what period time you need that cover. At Yourbroker we will search the leading insurers in order to provide you with the best possible level of cover at the most affordable premium.