Critical Illness Cover

What Is Critical Illness Cover?

Two women having a conversation, with one woman sitting on a chair or sofa with a notebook on her lap, and the other woman facing her with clasped hands, in a cozy room with shelves and decorative items.

Critical Illness Cover is a type of insurance that provides a lump-sum payout if you're diagnosed with a serious medical condition listed in your policy. This financial support helps cover treatment costs, lost income, and other expenses, giving you peace of mind during challenging times.

Why Do You Need Critical Illness Cover?

A serious illness can disrupt your life, making it difficult to work and manage financial responsibilities. Critical Illness Cover ensures that you have the funds to:

  • Pay for private medical treatment or rehabilitation, and cover household expenses while recovering.

  • Replace lost income if you're unable to work.

  • Provide financial security for your family.

Types of Conditions Covered

Policies vary by provider and often providers will offer different levels of cover, but common conditions covered include:

  • Cancer (certain types and stages)

  • Heart Attack & Stroke

  • Multiple Sclerosis

  • Organ Failure & Major Transplants

  • Parkinson’s Disease

  • Alzheimer’s Disease (early-onset cases)

It's important to review the full list of conditions in your policy, as coverage details differ between insurers. This is something our consultants can do for you.

Consider the following when taking Critical Illness Cover:

  • A glass jar tipped over on its side with coins spilling out onto a wooden surface.

    Coverage Amount:

    Decide how much financial protection you would need.

  • A person sitting on a sofa in a counseling session with someone else across from them, whose hands are visible in the foreground.

    Policy Type:

    Some insurers offer standalone policies, while others bundle them with life insurance. We prefer the latter.

  • Two people holding hands across a wooden table, with one person's hand resting on top of the other's.

    Premium Costs:

    Compare different providers to find a balance between affordability and coverage.

  • Two women having a conversation in an indoor setting, one woman talking and gesturing with her hands, the other woman listening. The woman speaking has shoulder-length brown hair, a plaid blazer, and a white shirt. The other woman has long, dark hair.

    Additional Benefits:

    Look for policies that offer enhanced protection, such as children’s critical illness cover, partial payouts for early-stage conditions, or a wider array of covered conditions.

Get In Touch

Your health is unpredictable, but your financial security doesn’t have to be. Explore Critical Illness Cover today and ensure peace of mind for yourself and your loved ones.

Our expert advisers can explore the whole of the market for you, to build the right policy with the right insurer for you. Please do get in touch

What our clients have to say

  • Donny from MSP was superb at helping me.

    Donny from MSP was superb at helping me get my initial mortgage as a first time buyer. He spent time guiding me through the process and answering all of my questions.

    When it came time to remortgage I knew I was in safe hands with Donny. He helped explain all the range of different options available and their respective pros and cons. Most importantly though, he helped me to lock in the best rate a few months prior to my remortgage date. With subsequent market movements it was great to have piece of mind that we had locked in early.

    I would have no hesitation in using Donny and MSP Financial again! Thanks again Donny!

  • I’ve always been impressed

    Chris Sykes at MSP Financial has handled all my mortgages over the years, and I’ve always been impressed by his professionalism and attention to detail. He doesn’t just find a deal and leave it there, he keeps an eye on things and always lets me know if there’s a rate drop or a better option available. Where other brokers might miss those opportunities, Chris makes sure I never do. He’s clear, thorough, and genuinely has your best interests at heart. Absolutely worth the fee for the level of service and peace of mind he provides.