Protect yourself against being diagnosed with a serious illness
Critical illness insurance will pay you a tax free lump sum on diagnosis of any one of a wide range of specified illnesses including certain types of cancer, heart attack, stroke, brain tumour and many more.
Diagnosis of such an illness would be a major trauma in your life, but you would still have to meet your financial commitments.
Remember, any life insurance you may have won't pay out unless you die or are diagnosed with an illness which will be terminal within 12 months.
Critical illness policies can vary greatly in the cover they offer. A basic plan covers the most serious conditions, but a comprehensive plan covers many more including loss of sight, total permanent disability and hearing loss.