Critical illness

The effects of suffering a critical illness, such as a heart attack, can have a serious impact on your lifestyle. Critical illness cover, either on its own or as part of a life assurance policy, pays out a lump sum when the policyholder is diagnosed with one of a number of predefined critical conditions including, for example, a stroke, heart attack or advanced cancer. This money can be used to pay off your mortgage or other loans, so that there is less financial burden on your family while you recuperate or if you are unable to return to work.